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:

15 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:

13,609,464

0.99%

18,289,920

1.33%

(2)

Cash-settled derivatives:

and/or controlled:

15,078,236

1.09%

11,866,737

0.86%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

28,687,700

2.08%

30,156,657

2.19%

(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

241,644

4.1002 GBP

10p ordinary

Purchase

220,474

4.1086 GBP

10p ordinary

Purchase

196,229

4.0960 GBP

10p ordinary

Purchase

182,594

4.1331 GBP

10p ordinary

Purchase

64,697

4.1237 GBP

10p ordinary

Purchase

59,262

4.1251 GBP

10p ordinary

Purchase

50,432

4.1175 GBP

10p ordinary

Purchase

37,419

4.0968 GBP

10p ordinary

Purchase

31,055

4.1130 GBP

10p ordinary

Purchase

30,793

4.1185 GBP

10p ordinary

Purchase

26,760

4.1192 GBP

10p ordinary

Purchase

24,454

4.1179 GBP

10p ordinary

Purchase

24,366

4.1166 GBP

10p ordinary

Purchase

18,228

4.1262 GBP

10p ordinary

Purchase

14,407

4.1150 GBP

10p ordinary

Purchase

10,834

4.1020 GBP

10p ordinary

Purchase

9,716

4.1022 GBP

10p ordinary

Purchase

9,651

4.1016 GBP

10p ordinary

Purchase

7,127

4.1030 GBP

10p ordinary

Purchase

6,357

4.1064 GBP

10p ordinary

Purchase

5,339

4.1102 GBP

10p ordinary

Purchase

4,629

4.1190 GBP

10p ordinary

Purchase

4,108

4.1015 GBP

10p ordinary

Purchase

3,970

4.1083 GBP

10p ordinary

Purchase

3,961

4.1125 GBP

10p ordinary

Purchase

3,682

4.1299 GBP

10p ordinary

Purchase

3,134

4.1231 GBP

10p ordinary

Purchase

2,927

4.1162 GBP

10p ordinary

Purchase

2,741

4.1014 GBP

10p ordinary

Purchase

2,734

4.1340 GBP

10p ordinary

Purchase

2,727

4.1300 GBP

10p ordinary

Purchase

2,419

4.1355 GBP

10p ordinary

Purchase

2,256

4.1170 GBP

10p ordinary

Purchase

2,217

4.1280 GBP

10p ordinary

Purchase

1,774

4.1000 GBP

10p ordinary

Purchase

1,469

4.1133 GBP

10p ordinary

Purchase

1,161

4.1352 GBP

10p ordinary

Purchase

1,122

4.1140 GBP

10p ordinary

Purchase

1,066

4.1360 GBP

10p ordinary

Purchase

978

4.1370 GBP

10p ordinary

Purchase

953

4.1040 GBP

10p ordinary

Purchase

759

4.1200 GBP

10p ordinary

Purchase

200

4.1063 GBP

10p ordinary

Purchase

40

4.0948 GBP

10p ordinary

Sale

158,897

4.0960 GBP

10p ordinary

Sale

101,285

4.1089 GBP

10p ordinary

Sale

66,414

4.1072 GBP

10p ordinary

Sale

39,092

4.1158 GBP

10p ordinary

Sale

36,965

4.1027 GBP

10p ordinary

Sale

22,588

4.0971 GBP

10p ordinary

Sale

21,590

4.1200 GBP

10p ordinary

Sale

19,958

4.1000 GBP

10p ordinary

Sale

18,082

4.0953 GBP

10p ordinary

Sale

16,928

4.1029 GBP

10p ordinary

Sale

15,670

4.0959 GBP

10p ordinary

Sale

15,653

4.0990 GBP

10p ordinary

Sale

10,906

4.1015 GBP

10p ordinary

Sale

10,256

4.1026 GBP

10p ordinary

Sale

9,393

4.1182 GBP

10p ordinary

Sale

8,071

4.1254 GBP

10p ordinary

Sale

7,982

4.1300 GBP

10p ordinary

Sale

7,933

4.1044 GBP

10p ordinary

Sale

6,479

4.1116 GBP

10p ordinary

Sale

5,173

4.0969 GBP

10p ordinary

Sale

4,461

4.1099 GBP

10p ordinary

Sale

4,026

4.1011 GBP

10p ordinary

Sale

2,755

4.1080 GBP

10p ordinary

Sale

2,528

4.1084 GBP

10p ordinary

Sale

2,288

4.1222 GBP

10p ordinary

Sale

2,247

4.1180 GBP

10p ordinary

Sale

2,158

4.1073 GBP

10p ordinary

Sale

1,996

4.1178 GBP

10p ordinary

Sale

1,992

4.1294 GBP

10p ordinary

Sale

1,635

4.1146 GBP

10p ordinary

Sale

1,534

4.1296 GBP

10p ordinary

Sale

1,174

4.1010 GBP

10p ordinary

Sale

1,122

4.1140 GBP

10p ordinary

Sale

748

4.1240 GBP

10p ordinary

Sale

648

4.1090 GBP

10p ordinary

Sale

514

4.1284 GBP

10p ordinary

Sale

292

4.1304 GBP

10p ordinary

Sale

-240

4.0948 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

Decreasing Long

200

4.1063 GBP

10p ordinary

SWAP

Decreasing Long

1,161

4.1352 GBP

10p ordinary

SWAP

Decreasing Long

1,997

4.1279 GBP

10p ordinary

SWAP

Decreasing Long

2,419

4.1355 GBP

10p ordinary

SWAP

Decreasing Long

2,675

4.1267 GBP

10p ordinary

SWAP

Decreasing Long

2,758

4.1241 GBP

10p ordinary

SWAP

Decreasing Long

3,398

4.1207 GBP

10p ordinary

SWAP

Decreasing Long

4,629

4.1190 GBP

10p ordinary

SWAP

Decreasing Long

6,277

4.1020 GBP

10p ordinary

SWAP

Decreasing Long

6,357

4.1064 GBP

10p ordinary

SWAP

Decreasing Long

31,046

4.1069 GBP

10p ordinary

SWAP

Decreasing Long

38,886

4.0965 GBP

10p ordinary

SWAP

Decreasing Long

45,638

4.0960 GBP

10p ordinary

SWAP

Decreasing Long

65,371

4.1220 GBP

10p ordinary

SWAP

Decreasing Long

77,822

4.1375 GBP

10p ordinary

SWAP

Decreasing Long

100,100

4.1300 GBP

10p ordinary

SWAP

Decreasing Long

189,713

4.1219 GBP

10p ordinary

SWAP

Decreasing Long

220,474

4.1086 GBP

10p ordinary

SWAP

Decreasing Short

514

4.1284 GBP

10p ordinary

SWAP

Decreasing Short

1,249

4.1176 GBP

10p ordinary

SWAP

Decreasing Short

3,194

4.1175 GBP

10p ordinary

SWAP

Decreasing Short

9,454

4.1190 GBP

10p ordinary

CFD

Decreasing Short

21,590

4.1200 GBP

10p ordinary

SWAP

Decreasing Short

22,134

4.1178 GBP

10p ordinary

SWAP

Decreasing Short

34,700

4.0998 GBP

10p ordinary

CFD

Decreasing Short

40,384

4.0960 GBP

10p ordinary

SWAP

Decreasing Short

75,042

4.1117 GBP

10p ordinary

SWAP

Increasing Long

179

4.1000 GBP

10p ordinary

SWAP

Increasing Long

956

4.1319 GBP

10p ordinary

SWAP

Increasing Long

1,992

4.1294 GBP

10p ordinary

SWAP

Increasing Long

2,288

4.1222 GBP

10p ordinary

SWAP

Increasing Long

6,479

4.1116 GBP

10p ordinary

SWAP

Increasing Long

10,019

4.1038 GBP

10p ordinary

SWAP

Increasing Long

15,670

4.0959 GBP

10p ordinary

SWAP

Increasing Long

18,082

4.0953 GBP

10p ordinary

SWAP

Increasing Long

26,946

4.1023 GBP

10p ordinary

SWAP

Increasing Long

33,192

4.0998 GBP

10p ordinary

SWAP

Increasing Long

66,414

4.1072 GBP

10p ordinary

CFD

Increasing Short

23

4.1200 GBP

10p ordinary

CFD

Increasing Short

18,778

4.1365 GBP

10p ordinary

CFD

Increasing Short

39,034

4.1219 GBP

10p ordinary

SWAP

Increasing Short

39,549

4.1083 GBP

10p ordinary

CFD

Increasing Short

78,845

4.0998 GBP

10p ordinary

CFD

Increasing Short

125,564

4.0960 GBP

10p ordinary

SWAP

Opening Long

46,196

4.1106 GBP

10p ordinary

SWAP

Opening Short

1,711

4.1284 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:

16 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213