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:

28 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:

2,238,683

0.74%

1,805,201

0.60%

(2)

Cash-settled derivatives:

and/or controlled:

1,863,616

0.62%

1,789,276

0.59%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,102,299

1.36%

3,594,477

1.19%

(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

32.1750 GBP

3 5/9p ordinary

Purchase

61

32.1738 GBP

3 5/9p ordinary

Purchase

134

32.1630 GBP

3 5/9p ordinary

Purchase

386

32.1690 GBP

3 5/9p ordinary

Purchase

1,546

32.1700 GBP

3 5/9p ordinary

Purchase

1,595

32.1622 GBP

3 5/9p ordinary

Purchase

1,626

32.1775 GBP

3 5/9p ordinary

Purchase

2,000

32.1891 GBP

3 5/9p ordinary

Purchase

2,379

32.1436 GBP

3 5/9p ordinary

Purchase

2,801

32.1678 GBP

3 5/9p ordinary

Purchase

4,064

32.1800 GBP

3 5/9p ordinary

Purchase

6,262

32.1650 GBP

3 5/9p ordinary

Purchase

12,561

32.1483 GBP

3 5/9p ordinary

Sale

175

32.1600 GBP

3 5/9p ordinary

Sale

256

32.1650 GBP

3 5/9p ordinary

Sale

268

32.1809 GBP

3 5/9p ordinary

Sale

437

32.1677 GBP

3 5/9p ordinary

Sale

669

32.1700 GBP

3 5/9p ordinary

Sale

754

32.1669 GBP

3 5/9p ordinary

Sale

1,010

32.1670 GBP

3 5/9p ordinary

Sale

1,432

32.1610 GBP

3 5/9p ordinary

Sale

1,976

32.1800 GBP

3 5/9p ordinary

Sale

2,302

32.1657 GBP

3 5/9p ordinary

Sale

2,725

32.1646 GBP

3 5/9p ordinary

Sale

2,954

32.1519 GBP

3 5/9p ordinary

Sale

12,330

32.1661 GBP

3 5/9p ordinary

Sale

84,073

32.1500 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

437

32.1677 GBP

3 5/9p ordinary

SWAP

Long

481

32.1800 GBP

3 5/9p ordinary

SWAP

Long

4,559

32.1654 GBP

3 5/9p ordinary

SWAP

Long

4,864

32.1643 GBP

3 5/9p ordinary

SWAP

Long

8,074

32.1663 GBP

3 5/9p ordinary

SWAP

Long

67,643

32.1500 GBP

3 5/9p ordinary

SWAP

Short

13

32.1702 GBP

3 5/9p ordinary

SWAP

Short

18

32.1750 GBP

3 5/9p ordinary

CFD

Short

145

32.1606 GBP

3 5/9p ordinary

SWAP

Short

229

32.1510 GBP

3 5/9p ordinary

SWAP

Short

282

32.1661 GBP

3 5/9p ordinary

SWAP

Short

307

32.1500 GBP

3 5/9p ordinary

SWAP

Short

339

32.1669 GBP

3 5/9p ordinary

SWAP

Short

444

32.1563 GBP

3 5/9p ordinary

SWAP

Short

631

32.1784 GBP

3 5/9p ordinary

SWAP

Short

779

32.1700 GBP

3 5/9p ordinary

SWAP

Short

1,001

32.1768 GBP

3 5/9p ordinary

CFD

Short

1,206

32.1843 GBP

3 5/9p ordinary

SWAP

Short

1,311

32.1522 GBP

3 5/9p ordinary

SWAP

Short

1,332

32.1749 GBP

3 5/9p ordinary

SWAP

Short

1,736

32.1734 GBP

3 5/9p ordinary

SWAP

Short

2,000

32.1892 GBP

3 5/9p ordinary

SWAP

Short

2,938

32.1759 GBP

3 5/9p ordinary

SWAP

Short

4,689

32.1686 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:

29 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213