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:

22 Dec 2022

(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:

2,332,660

0.77%

1,801,464

0.60%

(2)

Cash-settled derivatives:

and/or controlled:

1,863,107

0.62%

1,876,225

0.62%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,195,767

1.39%

3,677,689

1.22%

(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

20

32.1300 GBP

3 5/9p ordinary

Purchase

106

32.1142 GBP

3 5/9p ordinary

Purchase

325

32.1200 GBP

3 5/9p ordinary

Purchase

581

32.1282 GBP

3 5/9p ordinary

Purchase

4,065

32.1260 GBP

3 5/9p ordinary

Purchase

4,673

32.1219 GBP

3 5/9p ordinary

Purchase

5,004

32.1100 GBP

3 5/9p ordinary

Purchase

6,727

32.0983 GBP

3 5/9p ordinary

Purchase

36,035

32.1343 GBP

3 5/9p ordinary

Purchase

46,745

32.1000 GBP

3 5/9p ordinary

Sale

8

32.1400 GBP

3 5/9p ordinary

Sale

42

32.1050 GBP

3 5/9p ordinary

Sale

122

32.1143 GBP

3 5/9p ordinary

Sale

122

32.1011 GBP

3 5/9p ordinary

Sale

158

32.1082 GBP

3 5/9p ordinary

Sale

176

32.1157 GBP

3 5/9p ordinary

Sale

182

32.1216 GBP

3 5/9p ordinary

Sale

336

32.1100 GBP

3 5/9p ordinary

Sale

603

32.1296 GBP

3 5/9p ordinary

Sale

608

32.1200 GBP

3 5/9p ordinary

Sale

837

32.1204 GBP

3 5/9p ordinary

Sale

1,356

32.1273 GBP

3 5/9p ordinary

Sale

3,672

32.1139 GBP

3 5/9p ordinary

Sale

5,633

32.1152 GBP

3 5/9p ordinary

Sale

8,557

32.1178 GBP

3 5/9p ordinary

Sale

16,339

32.1000 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

234

32.2174 GBP

3 5/9p ordinary

SWAP

Long

4,255

32.1054 GBP

3 5/9p ordinary

SWAP

Long

10,000

32.1185 GBP

3 5/9p ordinary

SWAP

Short

13

32.1202 GBP

3 5/9p ordinary

SWAP

Short

15

32.1400 GBP

3 5/9p ordinary

SWAP

Short

34

32.1267 GBP

3 5/9p ordinary

CFD

Short

127

32.1092 GBP

3 5/9p ordinary

CFD

Short

234

32.1025 GBP

3 5/9p ordinary

SWAP

Short

253

32.1101 GBP

3 5/9p ordinary

SWAP

Short

343

32.1305 GBP

3 5/9p ordinary

SWAP

Short

749

32.1161 GBP

3 5/9p ordinary

SWAP

Short

1,000

32.1322 GBP

3 5/9p ordinary

SWAP

Short

7,682

32.1221 GBP

3 5/9p ordinary

SWAP

Short

8,150

32.1260 GBP

3 5/9p ordinary

SWAP

Short

26,631

32.1379 GBP

3 5/9p ordinary

SWAP

Short

37,246

32.1000 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:

23 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213