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:

24 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:

3,572,009

1.18%

1,478,276

0.49%

(2)

Cash-settled derivatives:

and/or controlled:

1,520,014

0.50%

3,064,598

1.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,092,023

1.69%

4,542,874

1.50%

(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

78

31.8150 GBP

3 5/9p ordinary

Purchase

97

31.8104 GBP

3 5/9p ordinary

Purchase

132

31.8431 GBP

3 5/9p ordinary

Purchase

233

31.8383 GBP

3 5/9p ordinary

Purchase

270

31.8170 GBP

3 5/9p ordinary

Purchase

327

31.8323 GBP

3 5/9p ordinary

Purchase

612

31.8200 GBP

3 5/9p ordinary

Purchase

668

31.8259 GBP

3 5/9p ordinary

Purchase

740

31.8289 GBP

3 5/9p ordinary

Purchase

870

31.8400 GBP

3 5/9p ordinary

Purchase

1,480

31.8206 GBP

3 5/9p ordinary

Purchase

1,481

31.8301 GBP

3 5/9p ordinary

Purchase

2,000

31.8310 GBP

3 5/9p ordinary

Purchase

2,193

31.8390 GBP

3 5/9p ordinary

Purchase

2,473

31.8311 GBP

3 5/9p ordinary

Purchase

3,374

31.8308 GBP

3 5/9p ordinary

Purchase

4,092

31.8364 GBP

3 5/9p ordinary

Purchase

9,255

31.8500 GBP

3 5/9p ordinary

Purchase

11,966

31.8283 GBP

3 5/9p ordinary

Purchase

37,713

31.8300 GBP

3 5/9p ordinary

Sale

446

31.8300 GBP

3 5/9p ordinary

Sale

455

31.8400 GBP

3 5/9p ordinary

Sale

483

31.8141 GBP

3 5/9p ordinary

Sale

899

31.8336 GBP

3 5/9p ordinary

Sale

1,329

31.8200 GBP

3 5/9p ordinary

Sale

4,019

31.8140 GBP

3 5/9p ordinary

Sale

12,357

31.8295 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

5

31.8300 GBP

3 5/9p ordinary

CFD

Long

899

31.8336 GBP

3 5/9p ordinary

SWAP

Long

967

31.8315 GBP

3 5/9p ordinary

SWAP

Long

1,204

31.8153 GBP

3 5/9p ordinary

SWAP

Long

3,436

31.8141 GBP

3 5/9p ordinary

SWAP

Short

16

31.8296 GBP

3 5/9p ordinary

SWAP

Short

55

31.8299 GBP

3 5/9p ordinary

SWAP

Short

121

31.8208 GBP

3 5/9p ordinary

SWAP

Short

132

31.8431 GBP

3 5/9p ordinary

SWAP

Short

149

31.8139 GBP

3 5/9p ordinary

SWAP

Short

163

31.8200 GBP

3 5/9p ordinary

SWAP

Short

187

31.8247 GBP

3 5/9p ordinary

SWAP

Short

327

31.8323 GBP

3 5/9p ordinary

SWAP

Short

820

31.8318 GBP

3 5/9p ordinary

SWAP

Short

897

31.8331 GBP

3 5/9p ordinary

SWAP

Short

1,323

31.8298 GBP

3 5/9p ordinary

SWAP

Short

1,335

31.8301 GBP

3 5/9p ordinary

SWAP

Short

1,374

31.8414 GBP

3 5/9p ordinary

SWAP

Short

1,522

31.8313 GBP

3 5/9p ordinary

SWAP

Short

2,000

31.8310 GBP

3 5/9p ordinary

SWAP

Short

2,122

31.8361 GBP

3 5/9p ordinary

SWAP

Short

2,293

31.8373 GBP

3 5/9p ordinary

SWAP

Short

3,374

31.8308 GBP

3 5/9p ordinary

SWAP

Short

38,914

31.8300 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 Nov 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213