Form 8.3 - AVEVA GROUP PLC

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:

16 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:

1,978,126

0.65%

1,501,556

0.50%

(2)

Cash-settled derivatives:

and/or controlled:

1,565,888

0.52%

1,554,660

0.51%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,544,014

1.17%

3,056,216

1.01%

(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

16

32.1968 GBP

3 5/9p ordinary

Purchase

54

32.1950 GBP

3 5/9p ordinary

Purchase

78

32.1982 GBP

3 5/9p ordinary

Purchase

197

32.2050 GBP

3 5/9p ordinary

Purchase

266

32.1850 GBP

3 5/9p ordinary

Purchase

673

32.2100 GBP

3 5/9p ordinary

Purchase

1,220

32.2066 GBP

3 5/9p ordinary

Purchase

2,221

32.2000 GBP

3 5/9p ordinary

Purchase

3,867

32.1807 GBP

3 5/9p ordinary

Purchase

4,000

32.2072 GBP

3 5/9p ordinary

Purchase

7,452

32.1975 GBP

3 5/9p ordinary

Purchase

8,285

32.1984 GBP

3 5/9p ordinary

Purchase

9,698

32.2010 GBP

3 5/9p ordinary

Purchase

11,205

32.1883 GBP

3 5/9p ordinary

Purchase

19,171

32.1900 GBP

3 5/9p ordinary

Purchase

40,059

32.1963 GBP

3 5/9p ordinary

Purchase

73,184

32.1854 GBP

3 5/9p ordinary

Sale

20

32.1846 GBP

3 5/9p ordinary

Sale

79

32.1891 GBP

3 5/9p ordinary

Sale

124

32.1962 GBP

3 5/9p ordinary

Sale

174

32.1985 GBP

3 5/9p ordinary

Sale

188

32.1917 GBP

3 5/9p ordinary

Sale

199

32.1840 GBP

3 5/9p ordinary

Sale

210

32.1850 GBP

3 5/9p ordinary

Sale

251

32.2025 GBP

3 5/9p ordinary

Sale

286

32.1988 GBP

3 5/9p ordinary

Sale

366

32.1948 GBP

3 5/9p ordinary

Sale

495

32.2067 GBP

3 5/9p ordinary

Sale

673

32.2100 GBP

3 5/9p ordinary

Sale

787

32.1905 GBP

3 5/9p ordinary

Sale

926

32.1981 GBP

3 5/9p ordinary

Sale

974

32.2050 GBP

3 5/9p ordinary

Sale

1,202

32.1919 GBP

3 5/9p ordinary

Sale

1,288

32.1986 GBP

3 5/9p ordinary

Sale

1,302

32.2008 GBP

3 5/9p ordinary

Sale

1,359

32.2015 GBP

3 5/9p ordinary

Sale

1,517

32.2001 GBP

3 5/9p ordinary

Sale

4,310

32.2000 GBP

3 5/9p ordinary

Sale

4,831

32.1897 GBP

3 5/9p ordinary

Sale

5,036

32.1873 GBP

3 5/9p ordinary

Sale

5,185

32.1944 GBP

3 5/9p ordinary

Sale

11,125

32.1937 GBP

3 5/9p ordinary

Sale

13,569

32.1900 GBP

3 5/9p ordinary

Sale

57,543

32.1875 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

1

32.1900 GBP

3 5/9p ordinary

CFD

Long

20

32.1845 GBP

3 5/9p ordinary

SWAP

Long

27

32.2001 GBP

3 5/9p ordinary

SWAP

Long

36

32.1998 GBP

3 5/9p ordinary

CFD

Long

72

32.1873 GBP

3 5/9p ordinary

SWAP

Long

79

32.1890 GBP

3 5/9p ordinary

SWAP

Long

188

32.1917 GBP

3 5/9p ordinary

SWAP

Long

199

32.1840 GBP

3 5/9p ordinary

SWAP

Long

251

32.2025 GBP

3 5/9p ordinary

SWAP

Long

269

32.2100 GBP

3 5/9p ordinary

SWAP

Long

495

32.2067 GBP

3 5/9p ordinary

SWAP

Long

1,202

32.1919 GBP

3 5/9p ordinary

CFD

Long

2,174

32.1837 GBP

3 5/9p ordinary

SWAP

Long

5,555

32.1952 GBP

3 5/9p ordinary

SWAP

Short

38

32.2100 GBP

3 5/9p ordinary

SWAP

Short

54

32.1950 GBP

3 5/9p ordinary

SWAP

Short

56

32.1866 GBP

3 5/9p ordinary

CFD

Short

72

32.2126 GBP

3 5/9p ordinary

SWAP

Short

132

32.1891 GBP

3 5/9p ordinary

SWAP

Short

143

32.2014 GBP

3 5/9p ordinary

SWAP

Short

187

32.1900 GBP

3 5/9p ordinary

SWAP

Short

292

32.1927 GBP

3 5/9p ordinary

SWAP

Short

2,213

32.2000 GBP

3 5/9p ordinary

SWAP

Short

3,739

32.1879 GBP

3 5/9p ordinary

SWAP

Short

4,000

32.2072 GBP

3 5/9p ordinary

SWAP

Short

13,845

32.2012 GBP

3 5/9p ordinary

SWAP

Short

17,310

32.1995 GBP

3 5/9p ordinary

SWAP

Short

33,836

32.1948 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:

17 Jan 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213