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:

05 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:

15,077,031

1.09%

19,317,171

1.40%

(2)

Cash-settled derivatives:

and/or controlled:

15,559,232

1.13%

13,212,561

0.96%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

30,636,263

2.22%

32,529,732

2.36%

(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

480,965

4.1000 GBP

10p ordinary

Purchase

310,619

4.0966 GBP

10p ordinary

Purchase

215,812

4.0994 GBP

10p ordinary

Purchase

174,603

4.0951 GBP

10p ordinary

Purchase

101,744

4.0715 GBP

10p ordinary

Purchase

84,987

4.0808 GBP

10p ordinary

Purchase

83,867

4.0828 GBP

10p ordinary

Purchase

27,421

4.0892 GBP

10p ordinary

Purchase

26,801

4.0912 GBP

10p ordinary

Purchase

25,723

4.0996 GBP

10p ordinary

Purchase

25,311

4.0890 GBP

10p ordinary

Purchase

18,717

4.0820 GBP

10p ordinary

Purchase

15,924

4.0908 GBP

10p ordinary

Purchase

13,514

4.0848 GBP

10p ordinary

Purchase

11,851

4.0985 GBP

10p ordinary

Purchase

10,269

4.0813 GBP

10p ordinary

Purchase

8,716

4.0868 GBP

10p ordinary

Purchase

8,603

4.0894 GBP

10p ordinary

Purchase

5,911

4.0761 GBP

10p ordinary

Purchase

5,087

4.0943 GBP

10p ordinary

Purchase

5,053

4.0860 GBP

10p ordinary

Purchase

2,713

4.1040 GBP

10p ordinary

Purchase

2,522

4.0758 GBP

10p ordinary

Purchase

2,031

4.0835 GBP

10p ordinary

Purchase

1,457

4.0925 GBP

10p ordinary

Purchase

1,393

4.0920 GBP

10p ordinary

Purchase

1,289

4.0783 GBP

10p ordinary

Purchase

1,244

4.0850 GBP

10p ordinary

Purchase

1,147

4.0940 GBP

10p ordinary

Purchase

1,141

4.0990 GBP

10p ordinary

Purchase

1,087

4.0900 GBP

10p ordinary

Purchase

871

4.0800 GBP

10p ordinary

Purchase

842

4.0760 GBP

10p ordinary

Purchase

733

4.0700 GBP

10p ordinary

Purchase

733

4.0930 GBP

10p ordinary

Purchase

684

4.0918 GBP

10p ordinary

Purchase

645

4.0938 GBP

10p ordinary

Purchase

378

4.0655 GBP

10p ordinary

Purchase

370

4.0779 GBP

10p ordinary

Purchase

310

4.0970 GBP

10p ordinary

Purchase

306

4.0969 GBP

10p ordinary

Purchase

287

4.0964 GBP

10p ordinary

Purchase

40

4.0976 GBP

10p ordinary

Purchase

38

4.1030 GBP

10p ordinary

Sale

801,270

4.0991 GBP

10p ordinary

Sale

346,938

4.1000 GBP

10p ordinary

Sale

215,812

4.0994 GBP

10p ordinary

Sale

211,899

4.0913 GBP

10p ordinary

Sale

198,258

4.0926 GBP

10p ordinary

Sale

128,301

4.0975 GBP

10p ordinary

Sale

123,078

4.0699 GBP

10p ordinary

Sale

113,856

4.1002 GBP

10p ordinary

Sale

100,000

4.0993 GBP

10p ordinary

Sale

100,000

4.0983 GBP

10p ordinary

Sale

49,014

4.0999 GBP

10p ordinary

Sale

43,949

4.0998 GBP

10p ordinary

Sale

25,606

4.0871 GBP

10p ordinary

Sale

24,060

4.0915 GBP

10p ordinary

Sale

14,600

4.0976 GBP

10p ordinary

Sale

12,933

4.0972 GBP

10p ordinary

Sale

12,900

4.0988 GBP

10p ordinary

Sale

11,461

4.0864 GBP

10p ordinary

Sale

8,280

4.0963 GBP

10p ordinary

Sale

4,994

4.0844 GBP

10p ordinary

Sale

3,967

4.0941 GBP

10p ordinary

Sale

3,722

4.0818 GBP

10p ordinary

Sale

3,647

4.0794 GBP

10p ordinary

Sale

3,634

4.0840 GBP

10p ordinary

Sale

1,985

4.0979 GBP

10p ordinary

Sale

1,907

4.0981 GBP

10p ordinary

Sale

1,818

4.0940 GBP

10p ordinary

Sale

1,619

4.0792 GBP

10p ordinary

Sale

1,277

4.0839 GBP

10p ordinary

Sale

1,018

4.0860 GBP

10p ordinary

Sale

842

4.0760 GBP

10p ordinary

Sale

517

4.0720 GBP

10p ordinary

Sale

378

4.0660 GBP

10p ordinary

Sale

51

4.0809 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

SWAP

Closing Long

43,094

4.0997 GBP

10p ordinary

SWAP

Closing Long

44,375

4.1000 GBP

10p ordinary

SWAP

Decreasing Long

287

4.0964 GBP

10p ordinary

SWAP

Decreasing Long

331

4.0680 GBP

10p ordinary

SWAP

Decreasing Long

497

4.1040 GBP

10p ordinary

SWAP

Decreasing Long

776

4.0933 GBP

10p ordinary

SWAP

Decreasing Long

871

4.0800 GBP

10p ordinary

SWAP

Decreasing Long

2,031

4.0835 GBP

10p ordinary

SWAP

Decreasing Long

3,865

4.0844 GBP

10p ordinary

SWAP

Decreasing Long

14,470

4.0819 GBP

10p ordinary

SWAP

Decreasing Long

46,343

4.1000 GBP

10p ordinary

SWAP

Decreasing Long

51,070

4.0988 GBP

10p ordinary

SWAP

Decreasing Long

53,727

4.0801 GBP

10p ordinary

SWAP

Decreasing Long

83,867

4.0828 GBP

10p ordinary

SWAP

Decreasing Short

1,238

4.0884 GBP

10p ordinary

CFD

Decreasing Short

1,621

4.1014 GBP

10p ordinary

CFD

Decreasing Short

3,226

4.0800 GBP

10p ordinary

SWAP

Decreasing Short

3,466

4.0885 GBP

10p ordinary

CFD

Decreasing Short

40,902

4.0956 GBP

10p ordinary

SWAP

Decreasing Short

49,014

4.0999 GBP

10p ordinary

SWAP

Decreasing Short

100,000

4.0993 GBP

10p ordinary

SWAP

Decreasing Short

100,000

4.0983 GBP

10p ordinary

CFD

Decreasing Short

270,208

4.1000 GBP

10p ordinary

SWAP

Increasing Long

138

4.0960 GBP

10p ordinary

SWAP

Increasing Long

671

4.0940 GBP

10p ordinary

SWAP

Increasing Long

2,210

4.0999 GBP

10p ordinary

SWAP

Increasing Long

3,722

4.0818 GBP

10p ordinary

SWAP

Increasing Long

4,994

4.0844 GBP

10p ordinary

SWAP

Increasing Long

12,900

4.0988 GBP

10p ordinary

SWAP

Increasing Long

14,663

4.0976 GBP

10p ordinary

SWAP

Increasing Long

25,606

4.0871 GBP

10p ordinary

SWAP

Increasing Long

128,301

4.0975 GBP

10p ordinary

SWAP

Increasing Long

198,258

4.0926 GBP

10p ordinary

SWAP

Increasing Long

441,477

4.1000 GBP

10p ordinary

SWAP

Increasing Short

271

4.0864 GBP

10p ordinary

SWAP

Increasing Short

586

4.0863 GBP

10p ordinary

CFD

Increasing Short

936

4.1000 GBP

10p ordinary

CFD

Increasing Short

3,226

4.0800 GBP

10p ordinary

SWAP

Increasing Short

38,902

4.1042 GBP

10p ordinary

CFD

Increasing Short

48,908

4.0820 GBP

10p ordinary

CFD

Increasing Short

215,812

4.0994 GBP

10p ordinary

SWAP

Opening Long

84

4.0820 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:

08 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213