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:

24 Oct 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:

3,661,000

1.21%

2,250,749

0.75%

(2)

Cash-settled derivatives:

and/or controlled:

2,262,869

0.75%

2,891,230

0.96%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,923,869

1.96%

5,141,979

1.70%

(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

31

31.4167 GBP

3 5/9p ordinary

Purchase

90

31.3500 GBP

3 5/9p ordinary

Purchase

94

31.3900 GBP

3 5/9p ordinary

Purchase

95

31.4000 GBP

3 5/9p ordinary

Purchase

128

31.4600 GBP

3 5/9p ordinary

Purchase

129

31.4168 GBP

3 5/9p ordinary

Purchase

203

31.4101 GBP

3 5/9p ordinary

Purchase

256

31.4500 GBP

3 5/9p ordinary

Purchase

267

31.4100 GBP

3 5/9p ordinary

Purchase

329

31.4400 GBP

3 5/9p ordinary

Purchase

476

31.4200 GBP

3 5/9p ordinary

Purchase

603

31.4300 GBP

3 5/9p ordinary

Purchase

750

31.5000 GBP

3 5/9p ordinary

Purchase

909

31.4751 GBP

3 5/9p ordinary

Purchase

1,385

31.4358 GBP

3 5/9p ordinary

Purchase

3,403

31.4259 GBP

3 5/9p ordinary

Purchase

3,470

31.4192 GBP

3 5/9p ordinary

Purchase

5,264

31.4298 GBP

3 5/9p ordinary

Purchase

18,599

31.4484 GBP

3 5/9p ordinary

Purchase

92,865

31.4348 GBP

3 5/9p ordinary

Sale

68

31.4600 GBP

3 5/9p ordinary

Sale

77

31.4228 GBP

3 5/9p ordinary

Sale

85

31.4248 GBP

3 5/9p ordinary

Sale

136

31.4400 GBP

3 5/9p ordinary

Sale

143

31.4300 GBP

3 5/9p ordinary

Sale

191

31.3900 GBP

3 5/9p ordinary

Sale

213

31.4389 GBP

3 5/9p ordinary

Sale

272

31.4100 GBP

3 5/9p ordinary

Sale

354

31.4372 GBP

3 5/9p ordinary

Sale

359

31.4115 GBP

3 5/9p ordinary

Sale

542

31.4170 GBP

3 5/9p ordinary

Sale

750

31.5000 GBP

3 5/9p ordinary

Sale

758

31.4165 GBP

3 5/9p ordinary

Sale

828

31.4200 GBP

3 5/9p ordinary

Sale

959

31.4437 GBP

3 5/9p ordinary

Sale

969

31.4271 GBP

3 5/9p ordinary

Sale

1,478

31.4144 GBP

3 5/9p ordinary

Sale

6,407

31.4113 GBP

3 5/9p ordinary

Sale

9,168

31.4974 GBP

3 5/9p ordinary

Sale

18,997

31.4496 GBP

3 5/9p ordinary

Sale

34,858

31.4500 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

106

31.4234 GBP

3 5/9p ordinary

SWAP

Long

131

31.4074 GBP

3 5/9p ordinary

SWAP

Long

136

31.4400 GBP

3 5/9p ordinary

SWAP

Long

156

31.4600 GBP

3 5/9p ordinary

SWAP

Long

157

31.4200 GBP

3 5/9p ordinary

CFD

Long

363

31.3857 GBP

3 5/9p ordinary

SWAP

Long

959

31.4437 GBP

3 5/9p ordinary

SWAP

Long

1,000

31.4144 GBP

3 5/9p ordinary

SWAP

Long

1,333

31.4010 GBP

3 5/9p ordinary

SWAP

Long

5,690

31.4159 GBP

3 5/9p ordinary

SWAP

Long

9,168

31.4974 GBP

3 5/9p ordinary

SWAP

Long

35,061

31.4500 GBP

3 5/9p ordinary

SWAP

Short

92

31.4324 GBP

3 5/9p ordinary

SWAP

Short

326

31.4274 GBP

3 5/9p ordinary

SWAP

Short

722

31.4283 GBP

3 5/9p ordinary

SWAP

Short

820

31.4150 GBP

3 5/9p ordinary

CFD

Short

909

31.4751 GBP

3 5/9p ordinary

SWAP

Short

1,007

31.4250 GBP

3 5/9p ordinary

SWAP

Short

1,562

31.4251 GBP

3 5/9p ordinary

CFD

Short

2,332

31.4360 GBP

3 5/9p ordinary

SWAP

Short

13,480

31.4379 GBP

3 5/9p ordinary

SWAP

Short

33,494

31.4344 GBP

3 5/9p ordinary

SWAP

Short

50,895

31.4338 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:

25 Oct 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213