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:

14 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:

3,855,415

1.28%

1,827,011

0.60%

(2)

Cash-settled derivatives:

and/or controlled:

1,873,671

0.62%

3,280,154

1.09%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,729,086

1.90%

5,107,165

1.69%

(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

26

32.0950 GBP

3 5/9p ordinary

Purchase

726

32.1000 GBP

3 5/9p ordinary

Purchase

1,229

32.0804 GBP

3 5/9p ordinary

Purchase

1,976

32.0775 GBP

3 5/9p ordinary

Purchase

5,000

32.0946 GBP

3 5/9p ordinary

Purchase

6,191

32.0836 GBP

3 5/9p ordinary

Purchase

6,715

32.1061 GBP

3 5/9p ordinary

Purchase

10,698

32.0883 GBP

3 5/9p ordinary

Purchase

17,884

32.0360 GBP

3 5/9p ordinary

Purchase

40,103

32.0842 GBP

3 5/9p ordinary

Purchase

79,884

32.0900 GBP

3 5/9p ordinary

Sale

30

32.0896 GBP

3 5/9p ordinary

Sale

69

32.0950 GBP

3 5/9p ordinary

Sale

97

32.0000 GBP

3 5/9p ordinary

Sale

102

32.0200 GBP

3 5/9p ordinary

Sale

103

32.0800 GBP

3 5/9p ordinary

Sale

243

32.0306 GBP

3 5/9p ordinary

Sale

362

32.1100 GBP

3 5/9p ordinary

Sale

423

32.0504 GBP

3 5/9p ordinary

Sale

426

32.0615 GBP

3 5/9p ordinary

Sale

628

32.0690 GBP

3 5/9p ordinary

Sale

660

32.0203 GBP

3 5/9p ordinary

Sale

1,398

32.0960 GBP

3 5/9p ordinary

Sale

1,682

32.1000 GBP

3 5/9p ordinary

Sale

2,048

32.0880 GBP

3 5/9p ordinary

Sale

2,181

32.0788 GBP

3 5/9p ordinary

Sale

3,744

32.0806 GBP

3 5/9p ordinary

Sale

17,884

32.0939 GBP

3 5/9p ordinary

Sale

18,725

32.0900 GBP

3 5/9p ordinary

Sale

18,984

32.0932 GBP

3 5/9p ordinary

Sale

20,159

32.0908 GBP

3 5/9p ordinary

Sale

21,168

32.0888 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

30

32.0895 GBP

3 5/9p ordinary

CFD

Long

83

32.0574 GBP

3 5/9p ordinary

SWAP

Long

209

32.0200 GBP

3 5/9p ordinary

SWAP

Long

5,807

32.0657 GBP

3 5/9p ordinary

SWAP

Long

11,756

32.0870 GBP

3 5/9p ordinary

SWAP

Long

16,443

32.0885 GBP

3 5/9p ordinary

SWAP

Short

24

32.1000 GBP

3 5/9p ordinary

SWAP

Short

54

32.0924 GBP

3 5/9p ordinary

CFD

Short

83

32.0925 GBP

3 5/9p ordinary

SWAP

Short

2,000

32.0942 GBP

3 5/9p ordinary

SWAP

Short

2,276

32.0481 GBP

3 5/9p ordinary

SWAP

Short

3,000

32.0949 GBP

3 5/9p ordinary

SWAP

Short

5,415

32.0560 GBP

3 5/9p ordinary

CFD

Short

6,715

32.1061 GBP

3 5/9p ordinary

SWAP

Short

34,991

32.0905 GBP

3 5/9p ordinary

SWAP

Short

57,745

32.0900 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:

15 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213