AVV.L Regulatory News (AVV)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

AVEVA GROUP PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

11 Jan 2023

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

3 5/9p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

1,939,015

0.64%

1,747,341

0.58%

(2)

Cash-settled derivatives:

and/or controlled:

1,800,935

0.60%

1,515,059

0.50%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,739,950

1.24%

3,262,400

1.08%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

3 5/9p ordinary

Purchase

185

32.1901 GBP

3 5/9p ordinary

Purchase

203

32.1950 GBP

3 5/9p ordinary

Purchase

1,322

32.1992 GBP

3 5/9p ordinary

Purchase

1,604

32.2000 GBP

3 5/9p ordinary

Purchase

2,000

32.1912 GBP

3 5/9p ordinary

Purchase

3,752

32.1900 GBP

3 5/9p ordinary

Purchase

11,941

32.1883 GBP

3 5/9p ordinary

Purchase

30,455

32.1921 GBP

3 5/9p ordinary

Sale

10

32.1950 GBP

3 5/9p ordinary

Sale

128

32.1909 GBP

3 5/9p ordinary

Sale

633

32.1800 GBP

3 5/9p ordinary

Sale

2,969

32.1930 GBP

3 5/9p ordinary

Sale

19,104

32.1900 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

3 5/9p ordinary

CFD

Long

4

32.1900 GBP

3 5/9p ordinary

SWAP

Long

2,153

32.1900 GBP

3 5/9p ordinary

SWAP

Long

5,359

32.1905 GBP

3 5/9p ordinary

SWAP

Short

97

32.1984 GBP

3 5/9p ordinary

SWAP

Short

111

32.1827 GBP

3 5/9p ordinary

SWAP

Short

164

32.1950 GBP

3 5/9p ordinary

SWAP

Short

259

32.2000 GBP

3 5/9p ordinary

SWAP

Short

1,660

32.1900 GBP

3 5/9p ordinary

SWAP

Short

2,000

32.1912 GBP

3 5/9p ordinary

SWAP

Short

11,033

32.1922 GBP

3 5/9p ordinary

SWAP

Short

19,979

32.1929 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

12 Jan 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213