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:

13 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:

1,983,065

0.66%

1,574,122

0.52%

(2)

Cash-settled derivatives:

and/or controlled:

1,632,114

0.54%

1,555,537

0.51%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,615,179

1.20%

3,129,659

1.04%

(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

67

32.1850 GBP

3 5/9p ordinary

Purchase

345

32.1938 GBP

3 5/9p ordinary

Purchase

584

32.1950 GBP

3 5/9p ordinary

Purchase

675

32.1921 GBP

3 5/9p ordinary

Purchase

1,614

32.1958 GBP

3 5/9p ordinary

Purchase

1,743

32.1842 GBP

3 5/9p ordinary

Purchase

3,000

32.1916 GBP

3 5/9p ordinary

Purchase

3,652

32.1990 GBP

3 5/9p ordinary

Purchase

3,800

32.1821 GBP

3 5/9p ordinary

Purchase

5,130

32.1900 GBP

3 5/9p ordinary

Purchase

5,480

32.1783 GBP

3 5/9p ordinary

Purchase

14,825

32.1961 GBP

3 5/9p ordinary

Purchase

18,986

32.1800 GBP

3 5/9p ordinary

Purchase

96,304

32.1874 GBP

3 5/9p ordinary

Sale

154

32.1909 GBP

3 5/9p ordinary

Sale

406

32.1900 GBP

3 5/9p ordinary

Sale

807

32.1950 GBP

3 5/9p ordinary

Sale

1,121

32.1850 GBP

3 5/9p ordinary

Sale

1,224

32.1843 GBP

3 5/9p ordinary

Sale

1,590

32.1861 GBP

3 5/9p ordinary

Sale

2,068

32.1835 GBP

3 5/9p ordinary

Sale

9,428

32.1800 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

3

32.1833 GBP

3 5/9p ordinary

CFD

Long

162

32.1774 GBP

3 5/9p ordinary

SWAP

Long

166

32.1900 GBP

3 5/9p ordinary

SWAP

Long

3,118

32.1840 GBP

3 5/9p ordinary

SWAP

Short

84

32.1950 GBP

3 5/9p ordinary

SWAP

Short

105

32.1850 GBP

3 5/9p ordinary

SWAP

Short

122

32.1900 GBP

3 5/9p ordinary

CFD

Short

162

32.2025 GBP

3 5/9p ordinary

SWAP

Short

181

32.1899 GBP

3 5/9p ordinary

SWAP

Short

1,000

32.1924 GBP

3 5/9p ordinary

SWAP

Short

1,108

32.1800 GBP

3 5/9p ordinary

SWAP

Short

2,000

32.1912 GBP

3 5/9p ordinary

CFD

Short

5,529

32.1960 GBP

3 5/9p ordinary

SWAP

Short

14,974

32.1880 GBP

3 5/9p ordinary

SWAP

Short

15,179

32.1907 GBP

3 5/9p ordinary

SWAP

Short

21,788

32.1906 GBP

3 5/9p ordinary

SWAP

Short

73,823

32.1876 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:

16 Jan 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213