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:

20 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:

2,255,113

0.75%

1,848,882

0.61%

(2)

Cash-settled derivatives:

and/or controlled:

1,910,659

0.63%

1,788,199

0.59%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,165,772

1.38%

3,637,081

1.20%

(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

32.1250 GBP

3 5/9p ordinary

Purchase

40

32.1400 GBP

3 5/9p ordinary

Purchase

49

32.1222 GBP

3 5/9p ordinary

Purchase

131

32.1100 GBP

3 5/9p ordinary

Purchase

1,599

32.0800 GBP

3 5/9p ordinary

Purchase

2,000

32.1151 GBP

3 5/9p ordinary

Purchase

2,233

32.0783 GBP

3 5/9p ordinary

Purchase

2,571

32.1295 GBP

3 5/9p ordinary

Purchase

3,592

32.1217 GBP

3 5/9p ordinary

Purchase

5,469

32.1299 GBP

3 5/9p ordinary

Purchase

8,513

32.1099 GBP

3 5/9p ordinary

Purchase

23,322

32.1130 GBP

3 5/9p ordinary

Sale

23

32.1150 GBP

3 5/9p ordinary

Sale

113

32.1168 GBP

3 5/9p ordinary

Sale

114

32.1250 GBP

3 5/9p ordinary

Sale

162

32.1267 GBP

3 5/9p ordinary

Sale

186

32.1050 GBP

3 5/9p ordinary

Sale

214

32.1053 GBP

3 5/9p ordinary

Sale

215

32.1145 GBP

3 5/9p ordinary

Sale

331

32.1359 GBP

3 5/9p ordinary

Sale

355

32.1206 GBP

3 5/9p ordinary

Sale

446

32.1127 GBP

3 5/9p ordinary

Sale

470

32.1307 GBP

3 5/9p ordinary

Sale

499

32.1175 GBP

3 5/9p ordinary

Sale

629

32.1311 GBP

3 5/9p ordinary

Sale

735

32.1200 GBP

3 5/9p ordinary

Sale

906

32.0791 GBP

3 5/9p ordinary

Sale

928

32.1167 GBP

3 5/9p ordinary

Sale

1,714

32.1300 GBP

3 5/9p ordinary

Sale

1,793

32.1141 GBP

3 5/9p ordinary

Sale

2,818

32.1149 GBP

3 5/9p ordinary

Sale

5,788

32.0880 GBP

3 5/9p ordinary

Sale

6,225

32.0800 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

71

32.0874 GBP

3 5/9p ordinary

SWAP

Long

113

32.1167 GBP

3 5/9p ordinary

SWAP

Long

162

32.1267 GBP

3 5/9p ordinary

SWAP

Long

355

32.1206 GBP

3 5/9p ordinary

SWAP

Long

499

32.1175 GBP

3 5/9p ordinary

SWAP

Long

906

32.0791 GBP

3 5/9p ordinary

SWAP

Long

1,714

32.1300 GBP

3 5/9p ordinary

SWAP

Long

1,793

32.1141 GBP

3 5/9p ordinary

SWAP

Long

3,482

32.1165 GBP

3 5/9p ordinary

SWAP

Short

13

32.1302 GBP

3 5/9p ordinary

SWAP

Short

27

32.1200 GBP

3 5/9p ordinary

SWAP

Short

32

32.1300 GBP

3 5/9p ordinary

SWAP

Short

45

32.1053 GBP

3 5/9p ordinary

SWAP

Short

57

32.1021 GBP

3 5/9p ordinary

CFD

Short

65

32.1096 GBP

3 5/9p ordinary

CFD

Short

71

32.0825 GBP

3 5/9p ordinary

SWAP

Short

372

32.1238 GBP

3 5/9p ordinary

SWAP

Short

2,000

32.1151 GBP

3 5/9p ordinary

SWAP

Short

8,775

32.1158 GBP

3 5/9p ordinary

SWAP

Short

9,382

32.1184 GBP

3 5/9p ordinary

SWAP

Short

15,841

32.1181 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:

21 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213