Barclays Regulatory News (BARC)

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:

06 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:

1,930,210

0.64%

1,805,743

0.60%

(2)

Cash-settled derivatives:

and/or controlled:

1,854,284

0.61%

1,510,921

0.50%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,784,494

1.25%

3,316,664

1.10%

(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

7

32.2100 GBP

3 5/9p ordinary

Purchase

9

32.2050 GBP

3 5/9p ordinary

Purchase

44

32.1700 GBP

3 5/9p ordinary

Purchase

98

32.1750 GBP

3 5/9p ordinary

Purchase

105

32.1900 GBP

3 5/9p ordinary

Purchase

433

32.1888 GBP

3 5/9p ordinary

Purchase

521

32.1823 GBP

3 5/9p ordinary

Purchase

569

32.1800 GBP

3 5/9p ordinary

Purchase

702

32.1980 GBP

3 5/9p ordinary

Purchase

1,065

32.2000 GBP

3 5/9p ordinary

Purchase

1,255

32.2031 GBP

3 5/9p ordinary

Purchase

3,920

32.1990 GBP

3 5/9p ordinary

Purchase

9,911

32.1683 GBP

3 5/9p ordinary

Purchase

48,510

32.1749 GBP

3 5/9p ordinary

Sale

183

32.1800 GBP

3 5/9p ordinary

Sale

1,060

32.1981 GBP

3 5/9p ordinary

Sale

1,465

32.1947 GBP

3 5/9p ordinary

Sale

3,656

32.1928 GBP

3 5/9p ordinary

Sale

4,100

32.2000 GBP

3 5/9p ordinary

Sale

4,507

32.1945 GBP

3 5/9p ordinary

Sale

9,936

32.1988 GBP

3 5/9p ordinary

Sale

10,507

32.1700 GBP

3 5/9p ordinary

Sale

16,000

32.1907 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

59

32.1674 GBP

3 5/9p ordinary

SWAP

Long

152

32.2021 GBP

3 5/9p ordinary

SWAP

Long

2,681

32.1979 GBP

3 5/9p ordinary

SWAP

Long

3,777

32.2014 GBP

3 5/9p ordinary

SWAP

Long

13,258

32.1948 GBP

3 5/9p ordinary

SWAP

Long

16,000

32.1907 GBP

3 5/9p ordinary

SWAP

Short

7

32.2100 GBP

3 5/9p ordinary

SWAP

Short

14

32.1997 GBP

3 5/9p ordinary

SWAP

Short

16

32.1984 GBP

3 5/9p ordinary

CFD

Short

59

32.1725 GBP

3 5/9p ordinary

SWAP

Short

90

32.1913 GBP

3 5/9p ordinary

SWAP

Short

186

32.1856 GBP

3 5/9p ordinary

SWAP

Short

264

32.1860 GBP

3 5/9p ordinary

SWAP

Short

335

32.1804 GBP

3 5/9p ordinary

SWAP

Short

731

32.1966 GBP

3 5/9p ordinary

SWAP

Short

20,478

32.1849 GBP

3 5/9p ordinary

SWAP

Short

29,959

32.1700 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:

09 Jan 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213