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:

05 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:

3,670,806

1.22%

1,754,453

0.58%

(2)

Cash-settled derivatives:

and/or controlled:

1,801,193

0.60%

3,093,384

1.02%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,471,999

1.81%

4,847,837

1.60%

(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

70

31.8550 GBP

3 5/9p ordinary

Purchase

113

31.8616 GBP

3 5/9p ordinary

Purchase

128

31.8568 GBP

3 5/9p ordinary

Purchase

158

31.8490 GBP

3 5/9p ordinary

Purchase

305

31.8500 GBP

3 5/9p ordinary

Purchase

1,059

31.8669 GBP

3 5/9p ordinary

Purchase

1,813

31.8592 GBP

3 5/9p ordinary

Purchase

2,077

31.8580 GBP

3 5/9p ordinary

Purchase

14,746

31.8598 GBP

3 5/9p ordinary

Purchase

19,552

31.8600 GBP

3 5/9p ordinary

Sale

12

31.8650 GBP

3 5/9p ordinary

Sale

59

31.8400 GBP

3 5/9p ordinary

Sale

76

31.8647 GBP

3 5/9p ordinary

Sale

187

31.8445 GBP

3 5/9p ordinary

Sale

284

31.8524 GBP

3 5/9p ordinary

Sale

383

31.8550 GBP

3 5/9p ordinary

Sale

486

31.8477 GBP

3 5/9p ordinary

Sale

613

31.8516 GBP

3 5/9p ordinary

Sale

840

31.8600 GBP

3 5/9p ordinary

Sale

847

31.8567 GBP

3 5/9p ordinary

Sale

1,004

31.8544 GBP

3 5/9p ordinary

Sale

1,237

31.8520 GBP

3 5/9p ordinary

Sale

1,509

31.8612 GBP

3 5/9p ordinary

Sale

2,142

31.8594 GBP

3 5/9p ordinary

Sale

3,610

31.8474 GBP

3 5/9p ordinary

Sale

4,206

31.8664 GBP

3 5/9p ordinary

Sale

6,000

31.8622 GBP

3 5/9p ordinary

Sale

9,792

31.8500 GBP

3 5/9p ordinary

Sale

12,092

31.8648 GBP

3 5/9p ordinary

Sale

33,261

31.8554 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

SWAP

Long

43

31.8550 GBP

3 5/9p ordinary

CFD

Long

72

31.8566 GBP

3 5/9p ordinary

SWAP

Long

5,280

31.8516 GBP

3 5/9p ordinary

SWAP

Long

7,828

31.8514 GBP

3 5/9p ordinary

SWAP

Long

8,000

31.8463 GBP

3 5/9p ordinary

SWAP

Long

14,347

31.8600 GBP

3 5/9p ordinary

SWAP

Long

18,712

31.8517 GBP

3 5/9p ordinary

SWAP

Short

26

31.8550 GBP

3 5/9p ordinary

SWAP

Short

69

31.8568 GBP

3 5/9p ordinary

SWAP

Short

88

31.8621 GBP

3 5/9p ordinary

SWAP

Short

228

31.8600 GBP

3 5/9p ordinary

SWAP

Short

1,997

31.8500 GBP

3 5/9p ordinary

SWAP

Short

2,585

31.8700 GBP

3 5/9p ordinary

SWAP

Short

2,963

31.8585 GBP

3 5/9p ordinary

SWAP

Short

7,538

31.8593 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:

06 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213