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RNS Number : 5629V

AVEVA Group PLC

07 August 2020

AVEVA GROUP PLC

("Aveva")

Statement regarding potential acquisition

Further to recent press speculation, AVEVA confirms that it has entered into discussions with OSIsoft, LLC ("OSIsoft") regarding a potential acquisition.

There can be no certainty that the discussions between AVEVA and OSIsoft will lead to any agreement concerning the possible acquisition, nor as to the timing or terms of any such agreement and there can be no assurance that, even if reached, any such agreement would be completed.

A further announcement will be made in due course as and when appropriate.

Enquiries:

AVEVA Group plc

Matt Springett (Head of Investor Relations)

Tel: +44 7789 818 684

FTI Consulting LLP

Ed Bridges / Dwight Burden

Tel: +44 20 3727 1017

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August 07, 2020 13:30 ET (17:30 GMT)

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