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:

13 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:

3,827,711

1.27%

1,841,568

0.61%

(2)

Cash-settled derivatives:

and/or controlled:

1,888,461

0.63%

3,216,969

1.07%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

5,716,172

1.89%

5,058,537

1.67%

(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

21

32.0700 GBP

3 5/9p ordinary

Purchase

47

32.0000 GBP

3 5/9p ordinary

Purchase

95

32.0450 GBP

3 5/9p ordinary

Purchase

176

32.0463 GBP

3 5/9p ordinary

Purchase

250

32.0239 GBP

3 5/9p ordinary

Purchase

381

32.0500 GBP

3 5/9p ordinary

Purchase

381

32.0262 GBP

3 5/9p ordinary

Purchase

455

32.0400 GBP

3 5/9p ordinary

Purchase

493

32.0379 GBP

3 5/9p ordinary

Purchase

555

32.0152 GBP

3 5/9p ordinary

Purchase

615

32.0236 GBP

3 5/9p ordinary

Purchase

696

32.0352 GBP

3 5/9p ordinary

Purchase

879

32.0438 GBP

3 5/9p ordinary

Purchase

5,175

32.0200 GBP

3 5/9p ordinary

Purchase

5,523

32.0295 GBP

3 5/9p ordinary

Purchase

10,450

32.0283 GBP

3 5/9p ordinary

Purchase

55,023

32.0373 GBP

3 5/9p ordinary

Purchase

64,747

32.0300 GBP

3 5/9p ordinary

Sale

47

32.0000 GBP

3 5/9p ordinary

Sale

108

32.0350 GBP

3 5/9p ordinary

Sale

192

32.0551 GBP

3 5/9p ordinary

Sale

204

31.9998 GBP

3 5/9p ordinary

Sale

208

32.0311 GBP

3 5/9p ordinary

Sale

244

32.0500 GBP

3 5/9p ordinary

Sale

244

32.0509 GBP

3 5/9p ordinary

Sale

275

32.0301 GBP

3 5/9p ordinary

Sale

399

32.0265 GBP

3 5/9p ordinary

Sale

508

32.0417 GBP

3 5/9p ordinary

Sale

607

32.0002 GBP

3 5/9p ordinary

Sale

640

32.0418 GBP

3 5/9p ordinary

Sale

1,111

32.0400 GBP

3 5/9p ordinary

Sale

1,658

32.0326 GBP

3 5/9p ordinary

Sale

2,447

32.0266 GBP

3 5/9p ordinary

Sale

3,596

32.0310 GBP

3 5/9p ordinary

Sale

4,372

32.0297 GBP

3 5/9p ordinary

Sale

13,522

32.0302 GBP

3 5/9p ordinary

Sale

19,919

32.0319 GBP

3 5/9p ordinary

Sale

22,008

32.0300 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

114

32.0274 GBP

3 5/9p ordinary

SWAP

Long

244

32.0500 GBP

3 5/9p ordinary

SWAP

Long

640

32.0418 GBP

3 5/9p ordinary

SWAP

Long

4,893

32.0334 GBP

3 5/9p ordinary

SWAP

Long

6,049

32.0239 GBP

3 5/9p ordinary

SWAP

Long

6,950

32.0335 GBP

3 5/9p ordinary

SWAP

Long

12,593

32.0304 GBP

3 5/9p ordinary

SWAP

Short

13

32.0202 GBP

3 5/9p ordinary

SWAP

Short

26

32.0398 GBP

3 5/9p ordinary

SWAP

Short

40

32.0200 GBP

3 5/9p ordinary

SWAP

Short

42

32.0500 GBP

3 5/9p ordinary

SWAP

Short

51

32.0317 GBP

3 5/9p ordinary

SWAP

Short

98

32.0463 GBP

3 5/9p ordinary

CFD

Short

114

32.0725 GBP

3 5/9p ordinary

CFD

Short

696

32.0352 GBP

3 5/9p ordinary

SWAP

Short

1,000

32.0311 GBP

3 5/9p ordinary

CFD

Short

1,160

32.0343 GBP

3 5/9p ordinary

SWAP

Short

4,000

32.0172 GBP

3 5/9p ordinary

SWAP

Short

19,846

32.0298 GBP

3 5/9p ordinary

SWAP

Short

33,916

32.0425 GBP

3 5/9p ordinary

SWAP

Short

56,745

32.0300 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:

14 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213