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:

12 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:

13,564,585

0.98%

18,932,735

1.37%

(2)

Cash-settled derivatives:

and/or controlled:

15,650,744

1.14%

11,771,494

0.85%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

29,215,329

2.12%

30,704,229

2.23%

(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

647,209

4.1232 GBP

10p ordinary

Purchase

370,232

4.1349 GBP

10p ordinary

Purchase

224,409

4.1224 GBP

10p ordinary

Purchase

140,039

4.1220 GBP

10p ordinary

Purchase

137,518

4.1355 GBP

10p ordinary

Purchase

95,321

4.1339 GBP

10p ordinary

Purchase

61,015

4.1371 GBP

10p ordinary

Purchase

58,607

4.1365 GBP

10p ordinary

Purchase

37,043

4.1209 GBP

10p ordinary

Purchase

22,396

4.1212 GBP

10p ordinary

Purchase

20,664

4.1194 GBP

10p ordinary

Purchase

17,949

4.1206 GBP

10p ordinary

Purchase

16,422

4.1317 GBP

10p ordinary

Purchase

15,909

4.1375 GBP

10p ordinary

Purchase

10,038

4.1214 GBP

10p ordinary

Purchase

8,114

4.1195 GBP

10p ordinary

Purchase

7,652

4.1348 GBP

10p ordinary

Purchase

6,905

4.1252 GBP

10p ordinary

Purchase

6,756

4.1373 GBP

10p ordinary

Purchase

6,331

4.1386 GBP

10p ordinary

Purchase

6,151

4.1260 GBP

10p ordinary

Purchase

6,070

4.1215 GBP

10p ordinary

Purchase

5,812

4.1340 GBP

10p ordinary

Purchase

5,589

4.1318 GBP

10p ordinary

Purchase

5,523

4.1235 GBP

10p ordinary

Purchase

4,384

4.1300 GBP

10p ordinary

Purchase

4,177

4.1208 GBP

10p ordinary

Purchase

3,941

4.1354 GBP

10p ordinary

Purchase

3,855

4.1275 GBP

10p ordinary

Purchase

3,719

4.1283 GBP

10p ordinary

Purchase

3,697

4.1307 GBP

10p ordinary

Purchase

2,910

4.1200 GBP

10p ordinary

Purchase

2,777

4.1227 GBP

10p ordinary

Purchase

2,746

4.1376 GBP

10p ordinary

Purchase

2,732

4.1428 GBP

10p ordinary

Purchase

2,228

4.1303 GBP

10p ordinary

Purchase

2,058

4.1217 GBP

10p ordinary

Purchase

1,848

4.1352 GBP

10p ordinary

Purchase

1,790

4.1367 GBP

10p ordinary

Purchase

1,625

4.1287 GBP

10p ordinary

Purchase

1,210

4.1420 GBP

10p ordinary

Purchase

1,098

4.1400 GBP

10p ordinary

Purchase

993

4.1430 GBP

10p ordinary

Purchase

918

4.1190 GBP

10p ordinary

Purchase

713

4.1460 GBP

10p ordinary

Purchase

400

4.1282 GBP

10p ordinary

Purchase

264

4.1155 GBP

10p ordinary

Purchase

118

4.1295 GBP

10p ordinary

Purchase

37

4.1196 GBP

10p ordinary

Sale

524,508

4.1220 GBP

10p ordinary

Sale

389,337

4.1302 GBP

10p ordinary

Sale

224,409

4.1224 GBP

10p ordinary

Sale

93,092

4.1249 GBP

10p ordinary

Sale

90,575

4.1288 GBP

10p ordinary

Sale

84,778

4.1305 GBP

10p ordinary

Sale

63,079

4.1362 GBP

10p ordinary

Sale

50,626

4.1223 GBP

10p ordinary

Sale

30,654

4.1346 GBP

10p ordinary

Sale

24,323

4.1317 GBP

10p ordinary

Sale

23,372

4.1212 GBP

10p ordinary

Sale

16,745

4.1319 GBP

10p ordinary

Sale

13,189

4.1315 GBP

10p ordinary

Sale

8,850

4.1306 GBP

10p ordinary

Sale

8,729

4.1219 GBP

10p ordinary

Sale

7,652

4.1348 GBP

10p ordinary

Sale

6,756

4.1373 GBP

10p ordinary

Sale

6,125

4.1290 GBP

10p ordinary

Sale

5,882

4.1389 GBP

10p ordinary

Sale

5,226

4.1316 GBP

10p ordinary

Sale

4,188

4.1386 GBP

10p ordinary

Sale

2,291

4.1200 GBP

10p ordinary

Sale

1,848

4.1352 GBP

10p ordinary

Sale

1,471

4.1226 GBP

10p ordinary

Sale

1,394

4.1206 GBP

10p ordinary

Sale

1,389

4.1218 GBP

10p ordinary

Sale

1,280

4.1240 GBP

10p ordinary

Sale

1,177

4.1260 GBP

10p ordinary

Sale

986

4.1390 GBP

10p ordinary

Sale

891

4.1204 GBP

10p ordinary

Sale

713

4.1460 GBP

10p ordinary

Sale

503

4.1330 GBP

10p ordinary

Sale

264

4.1160 GBP

10p ordinary

Sale

38

4.1344 GBP

10p ordinary

Sale

19

4.1280 GBP

10p ordinary

Sale

-262

4.1196 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

400

4.1283 GBP

10p ordinary

SWAP

Decreasing Long

603

4.1500 GBP

10p ordinary

SWAP

Decreasing Long

638

4.1260 GBP

10p ordinary

SWAP

Decreasing Long

955

4.1378 GBP

10p ordinary

SWAP

Decreasing Long

1,790

4.1367 GBP

10p ordinary

SWAP

Decreasing Long

3,941

4.1354 GBP

10p ordinary

SWAP

Decreasing Long

5,963

4.1336 GBP

10p ordinary

SWAP

Decreasing Long

7,725

4.1395 GBP

10p ordinary

SWAP

Decreasing Long

13,745

4.1383 GBP

10p ordinary

SWAP

Decreasing Long

18,245

4.1289 GBP

10p ordinary

SWAP

Decreasing Long

61,015

4.1371 GBP

10p ordinary

SWAP

Decreasing Long

67,399

4.1339 GBP

10p ordinary

SWAP

Decreasing Long

134,027

4.1396 GBP

10p ordinary

SWAP

Decreasing Long

216,497

4.1318 GBP

10p ordinary

CFD

Decreasing Short

16

4.1418 GBP

10p ordinary

CFD

Decreasing Short

208

4.1420 GBP

10p ordinary

SWAP

Decreasing Short

299

4.1233 GBP

10p ordinary

CFD

Decreasing Short

303

4.1220 GBP

10p ordinary

SWAP

Decreasing Short

1,745

4.1302 GBP

10p ordinary

SWAP

Decreasing Short

11,682

4.1300 GBP

10p ordinary

CFD

Decreasing Short

12,069

4.1219 GBP

10p ordinary

SWAP

Decreasing Short

23,700

4.1215 GBP

10p ordinary

SWAP

Decreasing Short

295,835

4.1330 GBP

10p ordinary

SWAP

Increasing Long

581

4.1240 GBP

10p ordinary

SWAP

Increasing Long

1,234

4.1256 GBP

10p ordinary

SWAP

Increasing Long

1,425

4.1187 GBP

10p ordinary

SWAP

Increasing Long

2,689

4.1284 GBP

10p ordinary

SWAP

Increasing Long

4,636

4.1214 GBP

10p ordinary

SWAP

Increasing Long

6,125

4.1290 GBP

10p ordinary

SWAP

Increasing Long

31,752

4.1228 GBP

10p ordinary

SWAP

Increasing Long

34,780

4.1286 GBP

10p ordinary

SWAP

Increasing Long

84,778

4.1305 GBP

10p ordinary

SWAP

Increasing Long

93,092

4.1249 GBP

10p ordinary

SWAP

Increasing Long

99,369

4.1220 GBP

10p ordinary

CFD

Increasing Short

16

4.1418 GBP

10p ordinary

CFD

Increasing Short

208

4.1420 GBP

10p ordinary

CFD

Increasing Short

303

4.1220 GBP

10p ordinary

SWAP

Increasing Short

3,719

4.1283 GBP

10p ordinary

SWAP

Increasing Short

3,855

4.1275 GBP

10p ordinary

CFD

Increasing Short

4,177

4.1208 GBP

10p ordinary

CFD

Increasing Short

5,442

4.1219 GBP

10p ordinary

SWAP

Increasing Short

5,743

4.1301 GBP

10p ordinary

CFD

Increasing Short

10,700

4.1265 GBP

10p ordinary

SWAP

Increasing Short

17,949

4.1206 GBP

10p ordinary

CFD

Increasing Short

19,961

4.1202 GBP

10p ordinary

SWAP

Increasing Short

23,700

4.1222 GBP

10p ordinary

SWAP

Increasing Short

43,932

4.1220 GBP

10p ordinary

SWAP

Increasing Short

47,000

4.1223 GBP

10p ordinary

CFD

Increasing Short

147,179

4.1357 GBP

10p ordinary

CFD

Increasing Short

224,409

4.1224 GBP

10p ordinary

SWAP

Opening Long

46,801

4.1281 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:

15 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213