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:

09 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:

3,812,014

1.26%

1,901,560

0.63%

(2)

Cash-settled derivatives:

and/or controlled:

1,948,434

0.65%

3,174,276

1.05%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,760,448

1.91%

5,075,836

1.68%

(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

170

32.0191 GBP

3 5/9p ordinary

Purchase

349

32.0111 GBP

3 5/9p ordinary

Purchase

402

31.9900 GBP

3 5/9p ordinary

Purchase

448

32.0100 GBP

3 5/9p ordinary

Purchase

454

32.0200 GBP

3 5/9p ordinary

Purchase

995

31.9877 GBP

3 5/9p ordinary

Purchase

1,000

32.0124 GBP

3 5/9p ordinary

Purchase

1,000

32.0110 GBP

3 5/9p ordinary

Purchase

1,102

31.9923 GBP

3 5/9p ordinary

Purchase

1,365

31.9903 GBP

3 5/9p ordinary

Purchase

2,064

32.0004 GBP

3 5/9p ordinary

Purchase

5,097

31.9921 GBP

3 5/9p ordinary

Purchase

9,331

32.0094 GBP

3 5/9p ordinary

Purchase

9,436

31.9963 GBP

3 5/9p ordinary

Purchase

11,484

31.9992 GBP

3 5/9p ordinary

Purchase

15,604

31.9987 GBP

3 5/9p ordinary

Purchase

26,742

31.9979 GBP

3 5/9p ordinary

Purchase

32,674

32.0000 GBP

3 5/9p ordinary

Sale

93

32.0198 GBP

3 5/9p ordinary

Sale

94

31.9850 GBP

3 5/9p ordinary

Sale

94

32.0200 GBP

3 5/9p ordinary

Sale

95

31.9800 GBP

3 5/9p ordinary

Sale

257

32.0089 GBP

3 5/9p ordinary

Sale

266

32.0051 GBP

3 5/9p ordinary

Sale

402

31.9900 GBP

3 5/9p ordinary

Sale

508

32.0063 GBP

3 5/9p ordinary

Sale

605

31.9922 GBP

3 5/9p ordinary

Sale

693

32.0100 GBP

3 5/9p ordinary

Sale

751

31.9977 GBP

3 5/9p ordinary

Sale

1,159

32.0098 GBP

3 5/9p ordinary

Sale

1,254

32.0060 GBP

3 5/9p ordinary

Sale

1,376

31.9955 GBP

3 5/9p ordinary

Sale

1,783

32.0064 GBP

3 5/9p ordinary

Sale

3,229

32.0037 GBP

3 5/9p ordinary

Sale

3,295

31.9979 GBP

3 5/9p ordinary

Sale

5,085

32.0000 GBP

3 5/9p ordinary

Sale

6,361

32.0001 GBP

3 5/9p ordinary

Sale

96,859

32.0020 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

67

32.0374 GBP

3 5/9p ordinary

SWAP

Long

156

32.0000 GBP

3 5/9p ordinary

SWAP

Long

1,679

31.9960 GBP

3 5/9p ordinary

SWAP

Long

2,235

31.9976 GBP

3 5/9p ordinary

SWAP

Long

3,112

32.0007 GBP

3 5/9p ordinary

SWAP

Long

6,783

31.9995 GBP

3 5/9p ordinary

SWAP

Short

18

32.0400 GBP

3 5/9p ordinary

CFD

Short

67

32.0025 GBP

3 5/9p ordinary

SWAP

Short

168

32.0200 GBP

3 5/9p ordinary

SWAP

Short

170

32.0190 GBP

3 5/9p ordinary

SWAP

Short

396

32.0032 GBP

3 5/9p ordinary

SWAP

Short

492

32.0015 GBP

3 5/9p ordinary

SWAP

Short

1,000

32.0124 GBP

3 5/9p ordinary

SWAP

Short

9,597

32.0110 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:

12 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213