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:

01 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:

3,663,500

1.21%

1,741,298

0.58%

(2)

Cash-settled derivatives:

and/or controlled:

1,788,101

0.59%

3,088,847

1.02%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,451,601

1.80%

4,830,145

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

37

31.8450 GBP

3 5/9p ordinary

Purchase

77

31.8311 GBP

3 5/9p ordinary

Purchase

205

31.8518 GBP

3 5/9p ordinary

Purchase

245

31.8400 GBP

3 5/9p ordinary

Purchase

523

31.8500 GBP

3 5/9p ordinary

Purchase

1,194

31.8370 GBP

3 5/9p ordinary

Purchase

2,169

31.8481 GBP

3 5/9p ordinary

Purchase

6,768

31.8584 GBP

3 5/9p ordinary

Purchase

8,790

31.8477 GBP

3 5/9p ordinary

Purchase

10,170

31.8600 GBP

3 5/9p ordinary

Purchase

23,108

31.8269 GBP

3 5/9p ordinary

Sale

89

31.8100 GBP

3 5/9p ordinary

Sale

113

31.8499 GBP

3 5/9p ordinary

Sale

124

31.8569 GBP

3 5/9p ordinary

Sale

146

31.8200 GBP

3 5/9p ordinary

Sale

148

31.8441 GBP

3 5/9p ordinary

Sale

191

31.8549 GBP

3 5/9p ordinary

Sale

251

31.8434 GBP

3 5/9p ordinary

Sale

291

31.8483 GBP

3 5/9p ordinary

Sale

405

31.8500 GBP

3 5/9p ordinary

Sale

713

31.8312 GBP

3 5/9p ordinary

Sale

721

31.8450 GBP

3 5/9p ordinary

Sale

793

31.8428 GBP

3 5/9p ordinary

Sale

2,000

31.8376 GBP

3 5/9p ordinary

Sale

2,620

31.8579 GBP

3 5/9p ordinary

Sale

2,862

31.8400 GBP

3 5/9p ordinary

Sale

11,442

31.8289 GBP

3 5/9p ordinary

Sale

11,666

31.8250 GBP

3 5/9p ordinary

Sale

17,268

31.8600 GBP

3 5/9p ordinary

Sale

18,485

31.8581 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

84

31.8423 GBP

3 5/9p ordinary

SWAP

Long

85

31.8578 GBP

3 5/9p ordinary

SWAP

Long

251

31.8434 GBP

3 5/9p ordinary

SWAP

Long

2,000

31.8376 GBP

3 5/9p ordinary

SWAP

Long

2,249

31.8400 GBP

3 5/9p ordinary

SWAP

Long

3,605

31.8473 GBP

3 5/9p ordinary

SWAP

Long

6,819

31.8449 GBP

3 5/9p ordinary

SWAP

Long

15,408

31.8600 GBP

3 5/9p ordinary

SWAP

Long

44,030

31.8250 GBP

3 5/9p ordinary

SWAP

Short

63

31.8558 GBP

3 5/9p ordinary

SWAP

Short

77

31.8311 GBP

3 5/9p ordinary

SWAP

Short

122

31.8500 GBP

3 5/9p ordinary

SWAP

Short

241

31.8600 GBP

3 5/9p ordinary

SWAP

Short

565

31.8400 GBP

3 5/9p ordinary

SWAP

Short

711

31.8416 GBP

3 5/9p ordinary

SWAP

Short

1,034

31.8323 GBP

3 5/9p ordinary

CFD

Short

1,581

31.8543 GBP

3 5/9p ordinary

SWAP

Short

9,030

31.8487 GBP

3 5/9p ordinary

SWAP

Short

44,030

31.8250 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:

02 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213