Barclays Regulatory News (BARC)

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

DS SMITH 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:

17 Apr 2024

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

MONDI PLCINTERNATIONAL PAPER CO

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:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

12,340,357

0.90%

14,527,574

1.05%

(2)

Cash-settled derivatives:

and/or controlled:

11,327,685

0.82%

10,683,452

0.77%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

23,668,042

1.72%

25,211,026

1.83%

(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

10p ordinary

Purchase

379,766

3.9798 GBP

10p ordinary

Purchase

363,500

3.9768 GBP

10p ordinary

Purchase

358,127

3.9716 GBP

10p ordinary

Purchase

298,131

3.9738 GBP

10p ordinary

Purchase

291,116

3.9720 GBP

10p ordinary

Purchase

178,417

3.9771 GBP

10p ordinary

Purchase

153,229

3.9754 GBP

10p ordinary

Purchase

140,817

3.9756 GBP

10p ordinary

Purchase

128,914

3.9860 GBP

10p ordinary

Purchase

120,729

3.9711 GBP

10p ordinary

Purchase

88,799

4.0040 GBP

10p ordinary

Purchase

64,384

3.9790 GBP

10p ordinary

Purchase

63,500

3.9736 GBP

10p ordinary

Purchase

57,427

3.9682 GBP

10p ordinary

Purchase

50,476

3.9734 GBP

10p ordinary

Purchase

46,370

3.9792 GBP

10p ordinary

Purchase

39,418

3.9778 GBP

10p ordinary

Purchase

33,294

3.9582 GBP

10p ordinary

Purchase

32,107

3.9747 GBP

10p ordinary

Purchase

28,638

3.9791 GBP

10p ordinary

Purchase

21,750

3.9520 GBP

10p ordinary

Purchase

20,901

3.9719 GBP

10p ordinary

Purchase

19,250

3.9724 GBP

10p ordinary

Purchase

14,720

3.9757 GBP

10p ordinary

Purchase

14,689

3.9800 GBP

10p ordinary

Purchase

13,668

3.9820 GBP

10p ordinary

Purchase

13,183

3.9826 GBP

10p ordinary

Purchase

11,114

3.9782 GBP

10p ordinary

Purchase

10,766

3.9968 GBP

10p ordinary

Purchase

8,135

3.9814 GBP

10p ordinary

Purchase

7,836

3.9899 GBP

10p ordinary

Purchase

7,825

3.9733 GBP

10p ordinary

Purchase

7,809

3.9680 GBP

10p ordinary

Purchase

7,767

3.9816 GBP

10p ordinary

Purchase

5,867

3.9550 GBP

10p ordinary

Purchase

5,295

3.9728 GBP

10p ordinary

Purchase

3,947

3.9660 GBP

10p ordinary

Purchase

3,618

3.9712 GBP

10p ordinary

Purchase

3,585

3.9360 GBP

10p ordinary

Purchase

3,400

3.9840 GBP

10p ordinary

Purchase

3,086

3.9714 GBP

10p ordinary

Purchase

2,262

3.9700 GBP

10p ordinary

Purchase

2,100

3.9769 GBP

10p ordinary

Purchase

1,571

3.9701 GBP

10p ordinary

Purchase

1,538

3.9760 GBP

10p ordinary

Purchase

1,471

3.9637 GBP

10p ordinary

Purchase

1,097

3.9640 GBP

10p ordinary

Purchase

1,065

3.9740 GBP

10p ordinary

Purchase

980

3.9674 GBP

10p ordinary

Purchase

839

3.9356 GBP

10p ordinary

Purchase

700

3.9802 GBP

10p ordinary

Purchase

694

3.9980 GBP

10p ordinary

Purchase

673

3.9920 GBP

10p ordinary

Purchase

550

3.9859 GBP

10p ordinary

Purchase

367

3.9260 GBP

10p ordinary

Purchase

38

3.9708 GBP

10p ordinary

Purchase

30

3.9618 GBP

10p ordinary

Purchase

1

3.9780 GBP

10p ordinary

Purchase

1

3.9420 GBP

10p ordinary

Sale

591,862

3.9795 GBP

10p ordinary

Sale

473,742

3.9720 GBP

10p ordinary

Sale

419,700

3.9652 GBP

10p ordinary

Sale

258,749

3.9719 GBP

10p ordinary

Sale

154,383

3.9712 GBP

10p ordinary

Sale

100,000

3.9713 GBP

10p ordinary

Sale

90,640

3.9810 GBP

10p ordinary

Sale

47,077

3.9811 GBP

10p ordinary

Sale

36,140

3.9606 GBP

10p ordinary

Sale

33,903

4.0040 GBP

10p ordinary

Sale

23,269

3.9733 GBP

10p ordinary

Sale

20,854

3.9805 GBP

10p ordinary

Sale

17,678

3.9723 GBP

10p ordinary

Sale

16,706

3.9791 GBP

10p ordinary

Sale

12,759

3.9725 GBP

10p ordinary

Sale

12,680

3.9703 GBP

10p ordinary

Sale

12,459

3.9614 GBP

10p ordinary

Sale

9,830

3.9860 GBP

10p ordinary

Sale

9,603

3.9722 GBP

10p ordinary

Sale

8,048

3.9653 GBP

10p ordinary

Sale

7,809

3.9680 GBP

10p ordinary

Sale

7,167

3.9768 GBP

10p ordinary

Sale

6,595

3.9818 GBP

10p ordinary

Sale

5,080

3.9820 GBP

10p ordinary

Sale

4,654

3.9700 GBP

10p ordinary

Sale

4,574

3.9683 GBP

10p ordinary

Sale

4,354

3.9682 GBP

10p ordinary

Sale

3,226

3.9762 GBP

10p ordinary

Sale

3,161

3.9709 GBP

10p ordinary

Sale

3,045

3.9809 GBP

10p ordinary

Sale

2,702

3.9868 GBP

10p ordinary

Sale

2,551

3.9962 GBP

10p ordinary

Sale

2,511

3.9660 GBP

10p ordinary

Sale

2,361

3.9417 GBP

10p ordinary

Sale

1,612

3.9740 GBP

10p ordinary

Sale

1,538

3.9760 GBP

10p ordinary

Sale

1,348

4.0060 GBP

10p ordinary

Sale

1,286

4.0057 GBP

10p ordinary

Sale

1,211

3.9880 GBP

10p ordinary

Sale

1,097

3.9640 GBP

10p ordinary

Sale

1,087

3.9803 GBP

10p ordinary

Sale

969

3.9790 GBP

10p ordinary

Sale

839

3.9360 GBP

10p ordinary

Sale

816

3.9730 GBP

10p ordinary

Sale

691

3.9800 GBP

10p ordinary

Sale

480

3.9690 GBP

10p ordinary

Sale

1

3.9780 GBP

10p ordinary

Sale

1

3.9420 GBP

10p ordinary

Sale

-38

3.9708 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

CFD

Closing Long

1,726

3.9267 GBP

10p ordinary

SWAP

Decreasing Long

367

3.9260 GBP

10p ordinary

SWAP

Decreasing Long

700

3.9802 GBP

10p ordinary

SWAP

Decreasing Long

803

3.9726 GBP

10p ordinary

SWAP

Decreasing Long

1,395

3.9800 GBP

10p ordinary

SWAP

Decreasing Long

1,436

3.9660 GBP

10p ordinary

SWAP

Decreasing Long

11,114

3.9782 GBP

10p ordinary

SWAP

Decreasing Long

13,183

3.9826 GBP

10p ordinary

SWAP

Decreasing Long

29,078

3.9809 GBP

10p ordinary

SWAP

Decreasing Long

34,007

3.9687 GBP

10p ordinary

SWAP

Decreasing Long

45,085

3.9707 GBP

10p ordinary

SWAP

Decreasing Long

51,544

3.9720 GBP

10p ordinary

SWAP

Decreasing Long

54,684

3.9713 GBP

10p ordinary

SWAP

Decreasing Long

58,463

3.9721 GBP

10p ordinary

SWAP

Decreasing Long

109,063

3.9718 GBP

10p ordinary

SWAP

Decreasing Long

120,729

3.9711 GBP

10p ordinary

SWAP

Decreasing Long

126,848

3.9730 GBP

10p ordinary

SWAP

Decreasing Long

148,223

3.9723 GBP

10p ordinary

SWAP

Decreasing Long

178,417

3.9771 GBP

10p ordinary

SWAP

Decreasing Long

315,878

3.9810 GBP

10p ordinary

SWAP

Decreasing Long

363,500

3.9768 GBP

10p ordinary

CFD

Decreasing Short

1

3.9400 GBP

10p ordinary

CFD

Decreasing Short

374

3.9379 GBP

10p ordinary

SWAP

Decreasing Short

917

3.9710 GBP

10p ordinary

SWAP

Decreasing Short

1,286

4.0057 GBP

10p ordinary

SWAP

Decreasing Short

3,091

3.9707 GBP

10p ordinary

SWAP

Decreasing Short

6,969

3.9694 GBP

10p ordinary

CFD

Decreasing Short

16,920

3.9694 GBP

10p ordinary

SWAP

Decreasing Short

18,903

3.9687 GBP

10p ordinary

CFD

Decreasing Short

53,641

3.9720 GBP

10p ordinary

CFD

Decreasing Short

66,332

3.9478 GBP

10p ordinary

SWAP

Decreasing Short

150,019

3.9607 GBP

10p ordinary

SWAP

Decreasing Short

154,383

3.9712 GBP

10p ordinary

SWAP

Increasing Long

547

3.9740 GBP

10p ordinary

SWAP

Increasing Long

580

3.9790 GBP

10p ordinary

SWAP

Increasing Long

816

3.9730 GBP

10p ordinary

SWAP

Increasing Long

1,897

3.9696 GBP

10p ordinary

SWAP

Increasing Long

2,702

3.9868 GBP

10p ordinary

SWAP

Increasing Long

3,226

3.9762 GBP

10p ordinary

SWAP

Increasing Long

3,331

3.9704 GBP

10p ordinary

SWAP

Increasing Long

4,354

3.9682 GBP

10p ordinary

SWAP

Increasing Long

4,574

3.9683 GBP

10p ordinary

SWAP

Increasing Long

6,244

3.9703 GBP

10p ordinary

SWAP

Increasing Long

7,276

3.9782 GBP

10p ordinary

SWAP

Increasing Long

75,746

3.9715 GBP

10p ordinary

SWAP

Increasing Long

90,967

3.9795 GBP

10p ordinary

SWAP

Increasing Long

126,127

3.9713 GBP

10p ordinary

SWAP

Increasing Long

235,575

3.9720 GBP

10p ordinary

CFD

Increasing Short

374

3.9379 GBP

10p ordinary

SWAP

Increasing Short

500

3.9756 GBP

10p ordinary

CFD

Increasing Short

954

3.9673 GBP

10p ordinary

SWAP

Increasing Short

3,086

3.9714 GBP

10p ordinary

CFD

Increasing Short

3,887

3.9967 GBP

10p ordinary

CFD

Increasing Short

6,879

3.9968 GBP

10p ordinary

SWAP

Increasing Short

7,825

3.9733 GBP

10p ordinary

SWAP

Increasing Short

8,521

3.9982 GBP

10p ordinary

CFD

Increasing Short

10,475

3.9267 GBP

10p ordinary

SWAP

Increasing Short

20,901

3.9719 GBP

10p ordinary

CFD

Increasing Short

21,750

3.9519 GBP

10p ordinary

SWAP

Increasing Short

50,476

3.9734 GBP

10p ordinary

SWAP

Increasing Short

52,674

3.9720 GBP

10p ordinary

CFD

Increasing Short

152,460

3.9720 GBP

10p ordinary

SWAP

Opening Long

49,707

3.9728 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:

18 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213