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:

17 Nov 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:

3,490,790

1.16%

1,591,425

0.53%

(2)

Cash-settled derivatives:

and/or controlled:

1,618,408

0.54%

2,987,683

0.99%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,109,198

1.69%

4,579,108

1.52%

(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

15

31.7150 GBP

3 5/9p ordinary

Purchase

196

31.7131 GBP

3 5/9p ordinary

Purchase

298

31.7168 GBP

3 5/9p ordinary

Purchase

299

31.7600 GBP

3 5/9p ordinary

Purchase

332

31.7400 GBP

3 5/9p ordinary

Purchase

381

31.7099 GBP

3 5/9p ordinary

Purchase

598

31.7512 GBP

3 5/9p ordinary

Purchase

633

31.7300 GBP

3 5/9p ordinary

Purchase

765

31.7270 GBP

3 5/9p ordinary

Purchase

823

31.7112 GBP

3 5/9p ordinary

Purchase

1,024

31.7251 GBP

3 5/9p ordinary

Purchase

1,054

31.7200 GBP

3 5/9p ordinary

Purchase

1,322

31.7223 GBP

3 5/9p ordinary

Purchase

1,371

31.7063 GBP

3 5/9p ordinary

Purchase

1,717

31.7008 GBP

3 5/9p ordinary

Purchase

2,169

31.7078 GBP

3 5/9p ordinary

Purchase

2,342

31.7254 GBP

3 5/9p ordinary

Purchase

2,690

31.7316 GBP

3 5/9p ordinary

Purchase

3,237

31.7000 GBP

3 5/9p ordinary

Purchase

3,338

31.7100 GBP

3 5/9p ordinary

Purchase

15,597

31.6984 GBP

3 5/9p ordinary

Purchase

16,560

31.7245 GBP

3 5/9p ordinary

Sale

97

31.7500 GBP

3 5/9p ordinary

Sale

99

31.7700 GBP

3 5/9p ordinary

Sale

102

31.6500 GBP

3 5/9p ordinary

Sale

119

31.7150 GBP

3 5/9p ordinary

Sale

141

31.7053 GBP

3 5/9p ordinary

Sale

187

31.7124 GBP

3 5/9p ordinary

Sale

204

31.7055 GBP

3 5/9p ordinary

Sale

270

31.7024 GBP

3 5/9p ordinary

Sale

275

31.7213 GBP

3 5/9p ordinary

Sale

297

31.7148 GBP

3 5/9p ordinary

Sale

299

31.7600 GBP

3 5/9p ordinary

Sale

381

31.7172 GBP

3 5/9p ordinary

Sale

384

31.7300 GBP

3 5/9p ordinary

Sale

389

31.7116 GBP

3 5/9p ordinary

Sale

404

31.7200 GBP

3 5/9p ordinary

Sale

469

31.7400 GBP

3 5/9p ordinary

Sale

1,097

31.7320 GBP

3 5/9p ordinary

Sale

1,112

31.7100 GBP

3 5/9p ordinary

Sale

1,504

31.7026 GBP

3 5/9p ordinary

Sale

4,577

31.7023 GBP

3 5/9p ordinary

Sale

4,700

31.7163 GBP

3 5/9p ordinary

Sale

9,730

31.7012 GBP

3 5/9p ordinary

Sale

17,379

31.7000 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

270

31.7024 GBP

3 5/9p ordinary

SWAP

Long

758

31.7339 GBP

3 5/9p ordinary

SWAP

Long

4,679

31.7011 GBP

3 5/9p ordinary

SWAP

Long

5,235

31.7073 GBP

3 5/9p ordinary

SWAP

Long

9,730

31.7012 GBP

3 5/9p ordinary

SWAP

Short

2

31.7050 GBP

3 5/9p ordinary

SWAP

Short

68

31.7154 GBP

3 5/9p ordinary

SWAP

Short

77

31.7100 GBP

3 5/9p ordinary

SWAP

Short

117

31.7000 GBP

3 5/9p ordinary

SWAP

Short

151

31.7026 GBP

3 5/9p ordinary

SWAP

Short

196

31.7131 GBP

3 5/9p ordinary

SWAP

Short

318

31.7099 GBP

3 5/9p ordinary

SWAP

Short

468

31.7265 GBP

3 5/9p ordinary

SWAP

Short

598

31.7512 GBP

3 5/9p ordinary

SWAP

Short

753

31.7119 GBP

3 5/9p ordinary

SWAP

Short

765

31.7270 GBP

3 5/9p ordinary

SWAP

Short

959

31.7083 GBP

3 5/9p ordinary

CFD

Short

1,371

31.7063 GBP

3 5/9p ordinary

SWAP

Short

1,717

31.7008 GBP

3 5/9p ordinary

SWAP

Short

2,690

31.7316 GBP

3 5/9p ordinary

SWAP

Short

2,782

31.7217 GBP

3 5/9p ordinary

SWAP

Short

2,810

31.7209 GBP

3 5/9p ordinary

CFD

Short

3,790

31.7328 GBP

3 5/9p ordinary

SWAP

Short

11,089

31.7259 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:

18 Nov 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213