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 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:

3,784,351

1.25%

1,871,861

0.62%

(2)

Cash-settled derivatives:

and/or controlled:

1,918,709

0.64%

3,160,953

1.05%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,703,060

1.89%

5,032,814

1.67%

(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

4

32.0175 GBP

3 5/9p ordinary

Purchase

108

32.0100 GBP

3 5/9p ordinary

Purchase

147

32.0000 GBP

3 5/9p ordinary

Purchase

197

31.9950 GBP

3 5/9p ordinary

Purchase

255

32.0223 GBP

3 5/9p ordinary

Purchase

491

32.0046 GBP

3 5/9p ordinary

Purchase

848

32.0211 GBP

3 5/9p ordinary

Purchase

7,000

32.0241 GBP

3 5/9p ordinary

Purchase

12,503

32.0183 GBP

3 5/9p ordinary

Purchase

37,373

32.0200 GBP

3 5/9p ordinary

Sale

4

32.0175 GBP

3 5/9p ordinary

Sale

89

32.0166 GBP

3 5/9p ordinary

Sale

146

32.0215 GBP

3 5/9p ordinary

Sale

158

32.0239 GBP

3 5/9p ordinary

Sale

160

32.0209 GBP

3 5/9p ordinary

Sale

176

32.0068 GBP

3 5/9p ordinary

Sale

254

32.0100 GBP

3 5/9p ordinary

Sale

263

31.9990 GBP

3 5/9p ordinary

Sale

265

32.0000 GBP

3 5/9p ordinary

Sale

493

32.0020 GBP

3 5/9p ordinary

Sale

541

32.0300 GBP

3 5/9p ordinary

Sale

586

31.9900 GBP

3 5/9p ordinary

Sale

586

32.0250 GBP

3 5/9p ordinary

Sale

791

32.0047 GBP

3 5/9p ordinary

Sale

1,062

32.0096 GBP

3 5/9p ordinary

Sale

1,548

32.0094 GBP

3 5/9p ordinary

Sale

2,276

32.0097 GBP

3 5/9p ordinary

Sale

3,934

32.0184 GBP

3 5/9p ordinary

Sale

4,131

32.0076 GBP

3 5/9p ordinary

Sale

5,121

32.0191 GBP

3 5/9p ordinary

Sale

14,769

32.0203 GBP

3 5/9p ordinary

Sale

20,123

32.0200 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

89

32.0166 GBP

3 5/9p ordinary

SWAP

Long

158

32.0239 GBP

3 5/9p ordinary

CFD

Long

159

32.0174 GBP

3 5/9p ordinary

SWAP

Long

160

32.0200 GBP

3 5/9p ordinary

SWAP

Long

586

31.9900 GBP

3 5/9p ordinary

SWAP

Long

1,548

32.0094 GBP

3 5/9p ordinary

SWAP

Long

2,276

32.0097 GBP

3 5/9p ordinary

SWAP

Long

4,131

32.0076 GBP

3 5/9p ordinary

SWAP

Long

5,121

32.0191 GBP

3 5/9p ordinary

SWAP

Long

6,231

32.0197 GBP

3 5/9p ordinary

SWAP

Long

6,774

32.0110 GBP

3 5/9p ordinary

SWAP

Short

98

32.0166 GBP

3 5/9p ordinary

SWAP

Short

147

32.0000 GBP

3 5/9p ordinary

CFD

Short

159

32.0225 GBP

3 5/9p ordinary

SWAP

Short

1,000

32.0258 GBP

3 5/9p ordinary

SWAP

Short

6,000

32.0238 GBP

3 5/9p ordinary

SWAP

Short

36,231

32.0200 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 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213