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:

19 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:

2,278,006

0.75%

1,896,651

0.63%

(2)

Cash-settled derivatives:

and/or controlled:

1,943,721

0.64%

1,793,676

0.59%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

4,221,727

1.40%

3,690,327

1.22%

(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

11

32.1049 GBP

3 5/9p ordinary

Purchase

30

32.1250 GBP

3 5/9p ordinary

Purchase

57

32.1300 GBP

3 5/9p ordinary

Purchase

126

32.1200 GBP

3 5/9p ordinary

Purchase

144

32.1093 GBP

3 5/9p ordinary

Purchase

161

32.1068 GBP

3 5/9p ordinary

Purchase

175

32.1258 GBP

3 5/9p ordinary

Purchase

341

32.1100 GBP

3 5/9p ordinary

Purchase

474

32.0950 GBP

3 5/9p ordinary

Purchase

527

32.0998 GBP

3 5/9p ordinary

Purchase

615

32.1226 GBP

3 5/9p ordinary

Purchase

669

32.1124 GBP

3 5/9p ordinary

Purchase

682

32.1000 GBP

3 5/9p ordinary

Purchase

696

32.1152 GBP

3 5/9p ordinary

Purchase

1,456

32.1110 GBP

3 5/9p ordinary

Purchase

2,583

32.0900 GBP

3 5/9p ordinary

Purchase

3,000

32.1122 GBP

3 5/9p ordinary

Purchase

3,079

32.1109 GBP

3 5/9p ordinary

Purchase

3,227

32.0883 GBP

3 5/9p ordinary

Purchase

6,815

32.0964 GBP

3 5/9p ordinary

Purchase

8,600

32.1002 GBP

3 5/9p ordinary

Purchase

15,002

32.1011 GBP

3 5/9p ordinary

Sale

2

32.1050 GBP

3 5/9p ordinary

Sale

90

32.0950 GBP

3 5/9p ordinary

Sale

111

32.1150 GBP

3 5/9p ordinary

Sale

115

32.0800 GBP

3 5/9p ordinary

Sale

122

32.0957 GBP

3 5/9p ordinary

Sale

126

32.1200 GBP

3 5/9p ordinary

Sale

130

32.1100 GBP

3 5/9p ordinary

Sale

203

32.1148 GBP

3 5/9p ordinary

Sale

339

32.1032 GBP

3 5/9p ordinary

Sale

559

32.1139 GBP

3 5/9p ordinary

Sale

681

32.1015 GBP

3 5/9p ordinary

Sale

743

32.1143 GBP

3 5/9p ordinary

Sale

836

32.1000 GBP

3 5/9p ordinary

Sale

1,095

32.0900 GBP

3 5/9p ordinary

Sale

1,255

32.1086 GBP

3 5/9p ordinary

Sale

3,745

32.0906 GBP

3 5/9p ordinary

Sale

4,000

32.0875 GBP

3 5/9p ordinary

Sale

5,851

32.0927 GBP

3 5/9p ordinary

Sale

9,726

32.0933 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

66

32.0874 GBP

3 5/9p ordinary

SWAP

Long

126

32.1200 GBP

3 5/9p ordinary

SWAP

Long

287

32.0976 GBP

3 5/9p ordinary

SWAP

Long

372

32.0900 GBP

3 5/9p ordinary

SWAP

Long

4,000

32.0875 GBP

3 5/9p ordinary

SWAP

Long

7,025

32.0933 GBP

3 5/9p ordinary

SWAP

Short

60

32.0950 GBP

3 5/9p ordinary

CFD

Short

66

32.1025 GBP

3 5/9p ordinary

SWAP

Short

98

32.1100 GBP

3 5/9p ordinary

SWAP

Short

126

32.0900 GBP

3 5/9p ordinary

SWAP

Short

241

32.0987 GBP

3 5/9p ordinary

SWAP

Short

327

32.1138 GBP

3 5/9p ordinary

SWAP

Short

386

32.1048 GBP

3 5/9p ordinary

SWAP

Short

448

32.1068 GBP

3 5/9p ordinary

SWAP

Short

455

32.0906 GBP

3 5/9p ordinary

SWAP

Short

484

32.1000 GBP

3 5/9p ordinary

CFD

Short

696

32.1153 GBP

3 5/9p ordinary

CFD

Short

1,505

32.1143 GBP

3 5/9p ordinary

SWAP

Short

2,219

32.1173 GBP

3 5/9p ordinary

SWAP

Short

3,000

32.1122 GBP

3 5/9p ordinary

SWAP

Short

5,311

32.1054 GBP

3 5/9p ordinary

CFD

Short

6,815

32.0964 GBP

3 5/9p ordinary

SWAP

Short

10,788

32.0996 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:

20 Dec 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213