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:

03 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:

15,175,696

1.10%

16,464,321

1.19%

(2)

Cash-settled derivatives:

and/or controlled:

12,647,270

0.92%

13,141,323

0.95%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

27,822,966

2.02%

29,605,644

2.15%

(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

1,095,928

4.0062 GBP

10p ordinary

Purchase

482,281

4.0260 GBP

10p ordinary

Purchase

404,980

4.0124 GBP

10p ordinary

Purchase

214,800

4.0069 GBP

10p ordinary

Purchase

136,157

3.9994 GBP

10p ordinary

Purchase

133,601

4.0268 GBP

10p ordinary

Purchase

119,326

4.0167 GBP

10p ordinary

Purchase

118,300

4.0028 GBP

10p ordinary

Purchase

101,201

3.9798 GBP

10p ordinary

Purchase

100,000

3.9889 GBP

10p ordinary

Purchase

74,485

3.9839 GBP

10p ordinary

Purchase

71,105

3.9908 GBP

10p ordinary

Purchase

60,000

4.0031 GBP

10p ordinary

Purchase

35,631

3.9828 GBP

10p ordinary

Purchase

29,954

3.9907 GBP

10p ordinary

Purchase

29,473

4.0245 GBP

10p ordinary

Purchase

26,731

3.9989 GBP

10p ordinary

Purchase

17,777

4.0035 GBP

10p ordinary

Purchase

16,433

3.9734 GBP

10p ordinary

Purchase

16,031

3.9580 GBP

10p ordinary

Purchase

14,229

3.9640 GBP

10p ordinary

Purchase

8,719

3.9707 GBP

10p ordinary

Purchase

8,534

4.0179 GBP

10p ordinary

Purchase

8,017

3.9717 GBP

10p ordinary

Purchase

6,938

3.9971 GBP

10p ordinary

Purchase

6,659

3.9792 GBP

10p ordinary

Purchase

5,948

3.9969 GBP

10p ordinary

Purchase

5,892

3.9740 GBP

10p ordinary

Purchase

5,533

4.0000 GBP

10p ordinary

Purchase

4,783

3.9743 GBP

10p ordinary

Purchase

4,680

3.9819 GBP

10p ordinary

Purchase

4,220

4.0006 GBP

10p ordinary

Purchase

3,984

3.9742 GBP

10p ordinary

Purchase

3,976

3.9766 GBP

10p ordinary

Purchase

3,936

3.9818 GBP

10p ordinary

Purchase

3,467

3.9720 GBP

10p ordinary

Purchase

3,370

3.9923 GBP

10p ordinary

Purchase

3,298

3.9730 GBP

10p ordinary

Purchase

2,705

4.0019 GBP

10p ordinary

Purchase

2,520

3.9770 GBP

10p ordinary

Purchase

2,438

3.9729 GBP

10p ordinary

Purchase

2,067

4.0016 GBP

10p ordinary

Purchase

2,031

3.9748 GBP

10p ordinary

Purchase

1,914

4.0120 GBP

10p ordinary

Purchase

1,895

3.9961 GBP

10p ordinary

Purchase

1,631

3.9979 GBP

10p ordinary

Purchase

1,394

3.9700 GBP

10p ordinary

Purchase

1,217

3.9840 GBP

10p ordinary

Purchase

820

3.9670 GBP

10p ordinary

Purchase

817

3.9910 GBP

10p ordinary

Purchase

791

4.0248 GBP

10p ordinary

Purchase

769

3.9680 GBP

10p ordinary

Purchase

632

3.9560 GBP

10p ordinary

Purchase

149

3.9596 GBP

10p ordinary

Sale

701,075

4.0260 GBP

10p ordinary

Sale

693,747

4.0031 GBP

10p ordinary

Sale

514,436

4.0206 GBP

10p ordinary

Sale

407,819

4.0054 GBP

10p ordinary

Sale

280,957

4.0131 GBP

10p ordinary

Sale

212,496

4.0000 GBP

10p ordinary

Sale

192,668

4.0076 GBP

10p ordinary

Sale

171,000

4.0053 GBP

10p ordinary

Sale

165,819

4.0113 GBP

10p ordinary

Sale

145,188

3.9972 GBP

10p ordinary

Sale

101,743

4.0097 GBP

10p ordinary

Sale

97,252

3.9923 GBP

10p ordinary

Sale

80,315

4.0259 GBP

10p ordinary

Sale

67,077

4.0059 GBP

10p ordinary

Sale

63,812

4.0127 GBP

10p ordinary

Sale

35,972

4.0099 GBP

10p ordinary

Sale

32,465

4.0096 GBP

10p ordinary

Sale

30,489

4.0073 GBP

10p ordinary

Sale

30,319

3.9796 GBP

10p ordinary

Sale

30,181

4.0002 GBP

10p ordinary

Sale

28,500

4.0216 GBP

10p ordinary

Sale

25,606

3.9695 GBP

10p ordinary

Sale

23,949

4.0001 GBP

10p ordinary

Sale

22,143

4.0064 GBP

10p ordinary

Sale

20,681

4.0030 GBP

10p ordinary

Sale

19,562

3.9988 GBP

10p ordinary

Sale

17,164

3.9849 GBP

10p ordinary

Sale

12,934

4.0080 GBP

10p ordinary

Sale

12,206

4.0039 GBP

10p ordinary

Sale

11,299

3.9931 GBP

10p ordinary

Sale

11,269

4.0167 GBP

10p ordinary

Sale

10,273

4.0072 GBP

10p ordinary

Sale

10,187

4.0021 GBP

10p ordinary

Sale

7,169

4.0010 GBP

10p ordinary

Sale

5,532

4.0033 GBP

10p ordinary

Sale

4,394

4.0200 GBP

10p ordinary

Sale

4,378

3.9743 GBP

10p ordinary

Sale

4,036

4.0011 GBP

10p ordinary

Sale

2,948

3.9906 GBP

10p ordinary

Sale

2,721

3.9740 GBP

10p ordinary

Sale

2,553

4.0187 GBP

10p ordinary

Sale

2,533

3.9844 GBP

10p ordinary

Sale

2,475

4.0078 GBP

10p ordinary

Sale

2,382

3.9924 GBP

10p ordinary

Sale

2,311

3.9708 GBP

10p ordinary

Sale

2,311

3.9720 GBP

10p ordinary

Sale

2,220

3.9794 GBP

10p ordinary

Sale

2,169

3.9700 GBP

10p ordinary

Sale

1,454

4.0264 GBP

10p ordinary

Sale

1,258

3.9520 GBP

10p ordinary

Sale

983

3.9840 GBP

10p ordinary

Sale

978

3.9723 GBP

10p ordinary

Sale

842

3.9980 GBP

10p ordinary

Sale

769

3.9680 GBP

10p ordinary

Sale

766

3.9990 GBP

10p ordinary

Sale

717

3.9721 GBP

10p ordinary

Sale

704

4.0197 GBP

10p ordinary

Sale

632

3.9560 GBP

10p ordinary

Sale

478

4.0063 GBP

10p ordinary

Sale

149

3.9600 GBP

10p ordinary

Sale

-20

4.0248 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

249

3.9720 GBP

10p ordinary

SWAP

Decreasing Long

862

3.9719 GBP

10p ordinary

SWAP

Decreasing Long

1,211

3.9500 GBP

10p ordinary

SWAP

Decreasing Long

1,895

3.9961 GBP

10p ordinary

SWAP

Decreasing Long

4,220

4.0006 GBP

10p ordinary

SWAP

Decreasing Long

16,031

3.9580 GBP

10p ordinary

SWAP

Decreasing Long

59,571

4.0216 GBP

10p ordinary

SWAP

Decreasing Long

74,485

3.9839 GBP

10p ordinary

CFD

Decreasing Short

632

3.9559 GBP

10p ordinary

SWAP

Decreasing Short

796

4.0010 GBP

10p ordinary

CFD

Decreasing Short

1,258

3.9518 GBP

10p ordinary

CFD

Decreasing Short

4,162

4.0095 GBP

10p ordinary

CFD

Decreasing Short

11,269

4.0167 GBP

10p ordinary

CFD

Decreasing Short

355,531

4.0259 GBP

10p ordinary

SWAP

Increasing Long

972

4.0002 GBP

10p ordinary

SWAP

Increasing Long

1,555

3.9989 GBP

10p ordinary

SWAP

Increasing Long

2,220

3.9794 GBP

10p ordinary

SWAP

Increasing Long

2,533

3.9844 GBP

10p ordinary

SWAP

Increasing Long

3,025

4.0001 GBP

10p ordinary

SWAP

Increasing Long

6,353

4.0174 GBP

10p ordinary

SWAP

Increasing Long

15,329

4.0077 GBP

10p ordinary

SWAP

Increasing Long

25,606

3.9695 GBP

10p ordinary

SWAP

Increasing Long

77,036

4.0098 GBP

10p ordinary

SWAP

Increasing Long

82,518

4.0179 GBP

10p ordinary

SWAP

Increasing Long

159,174

4.0259 GBP

10p ordinary

SWAP

Increasing Long

192,668

4.0076 GBP

10p ordinary

SWAP

Increasing Long

333,390

4.0260 GBP

10p ordinary

SWAP

Increasing Long

407,819

4.0054 GBP

10p ordinary

SWAP

Increasing Short

398

4.0010 GBP

10p ordinary

SWAP

Increasing Short

1,087

3.9944 GBP

10p ordinary

SWAP

Increasing Short

2,632

3.9923 GBP

10p ordinary

SWAP

Increasing Short

6,965

3.9894 GBP

10p ordinary

CFD

Increasing Short

8,719

3.9707 GBP

10p ordinary

CFD

Increasing Short

14,229

3.9640 GBP

10p ordinary

SWAP

Increasing Short

24,141

3.9981 GBP

10p ordinary

CFD

Increasing Short

24,447

4.0259 GBP

10p ordinary

SWAP

Increasing Short

102,634

3.9799 GBP

10p ordinary

SWAP

Increasing Short

133,601

4.0268 GBP

10p ordinary

CFD

Increasing Short

263,167

4.0260 GBP

10p ordinary

SWAP

Opening Long

80,315

4.0259 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:

04 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213