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:

12 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:

1,961,500

0.65%

1,691,964

0.56%

(2)

Cash-settled derivatives:

and/or controlled:

1,744,220

0.58%

1,535,037

0.51%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,705,720

1.23%

3,227,001

1.07%

(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

23

32.2000 GBP

3 5/9p ordinary

Purchase

84

32.1950 GBP

3 5/9p ordinary

Purchase

244

32.1898 GBP

3 5/9p ordinary

Purchase

282

32.1900 GBP

3 5/9p ordinary

Purchase

390

32.1700 GBP

3 5/9p ordinary

Purchase

705

32.1985 GBP

3 5/9p ordinary

Purchase

1,404

32.1959 GBP

3 5/9p ordinary

Purchase

2,737

32.1896 GBP

3 5/9p ordinary

Purchase

5,123

32.1806 GBP

3 5/9p ordinary

Purchase

9,542

32.1783 GBP

3 5/9p ordinary

Purchase

13,929

32.1925 GBP

3 5/9p ordinary

Purchase

17,279

32.1799 GBP

3 5/9p ordinary

Purchase

27,330

32.1800 GBP

3 5/9p ordinary

Purchase

67,914

32.1861 GBP

3 5/9p ordinary

Sale

4

32.1850 GBP

3 5/9p ordinary

Sale

196

32.1952 GBP

3 5/9p ordinary

Sale

357

32.1918 GBP

3 5/9p ordinary

Sale

653

32.1819 GBP

3 5/9p ordinary

Sale

760

32.1834 GBP

3 5/9p ordinary

Sale

840

32.1900 GBP

3 5/9p ordinary

Sale

1,264

32.1841 GBP

3 5/9p ordinary

Sale

1,273

32.1853 GBP

3 5/9p ordinary

Sale

1,673

32.1883 GBP

3 5/9p ordinary

Sale

1,676

32.1700 GBP

3 5/9p ordinary

Sale

1,820

32.1992 GBP

3 5/9p ordinary

Sale

1,961

32.1832 GBP

3 5/9p ordinary

Sale

2,228

32.1785 GBP

3 5/9p ordinary

Sale

2,825

32.1746 GBP

3 5/9p ordinary

Sale

2,904

32.1768 GBP

3 5/9p ordinary

Sale

3,008

32.1837 GBP

3 5/9p ordinary

Sale

4,380

32.1800 GBP

3 5/9p ordinary

Sale

5,000

32.1822 GBP

3 5/9p ordinary

Sale

17,924

32.1806 GBP

3 5/9p ordinary

Sale

18,378

32.1821 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

40

32.1837 GBP

3 5/9p ordinary

CFD

Long

109

32.1774 GBP

3 5/9p ordinary

SWAP

Long

1,026

32.1848 GBP

3 5/9p ordinary

SWAP

Long

10,147

32.1832 GBP

3 5/9p ordinary

SWAP

Long

14,699

32.1783 GBP

3 5/9p ordinary

SWAP

Short

18

32.1966 GBP

3 5/9p ordinary

SWAP

Short

40

32.1900 GBP

3 5/9p ordinary

SWAP

Short

81

32.1856 GBP

3 5/9p ordinary

CFD

Short

109

32.1825 GBP

3 5/9p ordinary

SWAP

Short

171

32.2000 GBP

3 5/9p ordinary

SWAP

Short

177

32.1800 GBP

3 5/9p ordinary

SWAP

Short

197

32.1847 GBP

3 5/9p ordinary

SWAP

Short

1,000

32.1922 GBP

3 5/9p ordinary

SWAP

Short

1,611

32.1779 GBP

3 5/9p ordinary

SWAP

Short

12,000

32.1953 GBP

3 5/9p ordinary

SWAP

Short

20,000

32.1880 GBP

3 5/9p ordinary

SWAP

Short

22,072

32.1891 GBP

3 5/9p ordinary

SWAP

Short

45,238

32.1860 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:

13 Jan 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213