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:

02 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:

14,768,142

1.07%

15,129,319

1.10%

(2)

Cash-settled derivatives:

and/or controlled:

11,415,281

0.83%

12,793,160

0.93%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

26,183,423

1.90%

27,922,479

2.03%

(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

621,625

3.9593 GBP

10p ordinary

Purchase

584,872

3.9580 GBP

10p ordinary

Purchase

461,719

3.9769 GBP

10p ordinary

Purchase

249,529

4.0000 GBP

10p ordinary

Purchase

195,929

3.9692 GBP

10p ordinary

Purchase

160,093

3.9912 GBP

10p ordinary

Purchase

134,302

3.9670 GBP

10p ordinary

Purchase

129,725

3.9601 GBP

10p ordinary

Purchase

98,528

3.9723 GBP

10p ordinary

Purchase

57,931

3.9708 GBP

10p ordinary

Purchase

56,525

3.9603 GBP

10p ordinary

Purchase

50,236

3.9666 GBP

10p ordinary

Purchase

45,901

3.9923 GBP

10p ordinary

Purchase

38,136

3.9685 GBP

10p ordinary

Purchase

31,891

3.9612 GBP

10p ordinary

Purchase

29,086

3.9572 GBP

10p ordinary

Purchase

27,981

3.9700 GBP

10p ordinary

Purchase

27,147

3.9588 GBP

10p ordinary

Purchase

17,176

3.9777 GBP

10p ordinary

Purchase

14,497

3.9608 GBP

10p ordinary

Purchase

14,437

3.9653 GBP

10p ordinary

Purchase

14,034

3.9710 GBP

10p ordinary

Purchase

13,090

3.9727 GBP

10p ordinary

Purchase

11,241

3.9786 GBP

10p ordinary

Purchase

9,722

3.9772 GBP

10p ordinary

Purchase

9,364

3.9545 GBP

10p ordinary

Purchase

8,933

3.9995 GBP

10p ordinary

Purchase

7,970

3.9822 GBP

10p ordinary

Purchase

7,209

3.9644 GBP

10p ordinary

Purchase

7,208

3.9630 GBP

10p ordinary

Purchase

6,991

3.9591 GBP

10p ordinary

Purchase

6,790

3.9600 GBP

10p ordinary

Purchase

6,368

3.9731 GBP

10p ordinary

Purchase

5,833

3.9744 GBP

10p ordinary

Purchase

5,627

3.9746 GBP

10p ordinary

Purchase

5,571

3.9739 GBP

10p ordinary

Purchase

4,621

3.9737 GBP

10p ordinary

Purchase

4,191

3.9900 GBP

10p ordinary

Purchase

3,900

3.9662 GBP

10p ordinary

Purchase

3,850

3.9790 GBP

10p ordinary

Purchase

3,612

3.9592 GBP

10p ordinary

Purchase

3,558

3.9977 GBP

10p ordinary

Purchase

3,384

3.9624 GBP

10p ordinary

Purchase

2,813

3.9604 GBP

10p ordinary

Purchase

2,407

3.9650 GBP

10p ordinary

Purchase

2,327

3.9625 GBP

10p ordinary

Purchase

2,109

3.9530 GBP

10p ordinary

Purchase

2,075

3.9589 GBP

10p ordinary

Purchase

1,889

3.9450 GBP

10p ordinary

Purchase

1,843

3.9880 GBP

10p ordinary

Purchase

1,747

3.9590 GBP

10p ordinary

Purchase

1,731

3.9839 GBP

10p ordinary

Purchase

1,659

3.9820 GBP

10p ordinary

Purchase

1,456

3.9491 GBP

10p ordinary

Purchase

1,309

3.9661 GBP

10p ordinary

Purchase

1,117

3.9568 GBP

10p ordinary

Purchase

1,072

3.9627 GBP

10p ordinary

Purchase

1,049

3.9587 GBP

10p ordinary

Purchase

1,000

3.9878 GBP

10p ordinary

Purchase

890

3.9640 GBP

10p ordinary

Purchase

780

3.9540 GBP

10p ordinary

Purchase

769

3.9596 GBP

10p ordinary

Purchase

738

3.9720 GBP

10p ordinary

Purchase

695

3.9460 GBP

10p ordinary

Purchase

502

3.9800 GBP

10p ordinary

Purchase

303

3.9740 GBP

10p ordinary

Purchase

106

3.9680 GBP

10p ordinary

Purchase

2

3.9496 GBP

10p ordinary

Sale

561,016

3.9611 GBP

10p ordinary

Sale

475,226

3.9580 GBP

10p ordinary

Sale

342,920

3.9874 GBP

10p ordinary

Sale

182,546

3.9723 GBP

10p ordinary

Sale

158,197

3.9714 GBP

10p ordinary

Sale

135,718

3.9617 GBP

10p ordinary

Sale

125,523

3.9771 GBP

10p ordinary

Sale

106,881

3.9538 GBP

10p ordinary

Sale

50,796

3.9764 GBP

10p ordinary

Sale

47,073

3.9574 GBP

10p ordinary

Sale

42,430

3.9755 GBP

10p ordinary

Sale

41,993

3.9798 GBP

10p ordinary

Sale

34,471

3.9694 GBP

10p ordinary

Sale

24,600

3.9701 GBP

10p ordinary

Sale

17,176

3.9782 GBP

10p ordinary

Sale

15,545

3.9831 GBP

10p ordinary

Sale

15,371

3.9675 GBP

10p ordinary

Sale

13,351

3.9740 GBP

10p ordinary

Sale

12,938

3.9674 GBP

10p ordinary

Sale

10,081

3.9669 GBP

10p ordinary

Sale

5,844

3.9659 GBP

10p ordinary

Sale

5,571

3.9744 GBP

10p ordinary

Sale

5,141

3.9600 GBP

10p ordinary

Sale

5,092

3.9672 GBP

10p ordinary

Sale

4,886

3.9692 GBP

10p ordinary

Sale

4,621

3.9737 GBP

10p ordinary

Sale

4,449

3.9867 GBP

10p ordinary

Sale

4,191

3.9900 GBP

10p ordinary

Sale

3,525

3.9812 GBP

10p ordinary

Sale

3,421

3.9685 GBP

10p ordinary

Sale

2,696

3.9973 GBP

10p ordinary

Sale

2,663

3.9638 GBP

10p ordinary

Sale

2,662

3.9708 GBP

10p ordinary

Sale

1,843

3.9880 GBP

10p ordinary

Sale

1,758

3.9932 GBP

10p ordinary

Sale

1,740

3.9802 GBP

10p ordinary

Sale

1,730

3.9844 GBP

10p ordinary

Sale

1,605

3.9727 GBP

10p ordinary

Sale

1,496

3.9700 GBP

10p ordinary

Sale

1,478

3.9642 GBP

10p ordinary

Sale

1,465

3.9820 GBP

10p ordinary

Sale

1,119

3.9800 GBP

10p ordinary

Sale

1,052

3.9897 GBP

10p ordinary

Sale

956

3.9796 GBP

10p ordinary

Sale

800

3.9840 GBP

10p ordinary

Sale

744

3.9780 GBP

10p ordinary

Sale

695

3.9460 GBP

10p ordinary

Sale

529

3.9732 GBP

10p ordinary

Sale

410

3.9807 GBP

10p ordinary

Sale

1

3.9783 GBP

10p ordinary

Sale

1

3.9568 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

73,350

3.9578 GBP

10p ordinary

SWAP

Closing Long

80,221

3.9580 GBP

10p ordinary

SWAP

Decreasing Long

1,309

3.9661 GBP

10p ordinary

SWAP

Decreasing Long

3,900

3.9662 GBP

10p ordinary

SWAP

Decreasing Long

5,833

3.9744 GBP

10p ordinary

SWAP

Decreasing Long

8,933

3.9995 GBP

10p ordinary

SWAP

Decreasing Long

45,901

3.9923 GBP

10p ordinary

SWAP

Decreasing Long

78,120

3.9608 GBP

10p ordinary

SWAP

Decreasing Long

79,011

3.9883 GBP

10p ordinary

SWAP

Decreasing Long

81,082

3.9941 GBP

10p ordinary

SWAP

Decreasing Long

129,202

3.9580 GBP

10p ordinary

SWAP

Decreasing Long

134,302

3.9670 GBP

10p ordinary

SWAP

Decreasing Long

195,929

3.9692 GBP

10p ordinary

SWAP

Decreasing Long

220,599

3.9581 GBP

10p ordinary

CFD

Decreasing Short

4,621

3.9737 GBP

10p ordinary

CFD

Decreasing Short

5,237

3.9679 GBP

10p ordinary

CFD

Decreasing Short

10,081

3.9669 GBP

10p ordinary

CFD

Decreasing Short

41,993

3.9798 GBP

10p ordinary

CFD

Decreasing Short

449,323

3.9580 GBP

10p ordinary

SWAP

Increasing Long

744

3.9780 GBP

10p ordinary

SWAP

Increasing Long

971

3.9617 GBP

10p ordinary

SWAP

Increasing Long

1,554

3.9599 GBP

10p ordinary

SWAP

Increasing Long

2,663

3.9638 GBP

10p ordinary

SWAP

Increasing Long

3,525

3.9812 GBP

10p ordinary

SWAP

Increasing Long

5,322

3.9729 GBP

10p ordinary

SWAP

Increasing Long

13,351

3.9740 GBP

10p ordinary

SWAP

Increasing Long

27,588

3.9624 GBP

10p ordinary

SWAP

Increasing Long

37,108

3.9759 GBP

10p ordinary

SWAP

Increasing Long

39,917

3.9579 GBP

10p ordinary

SWAP

Increasing Long

47,073

3.9574 GBP

10p ordinary

SWAP

Increasing Long

158,197

3.9714 GBP

10p ordinary

SWAP

Increasing Long

182,546

3.9723 GBP

10p ordinary

SWAP

Increasing Short

2,053

3.9702 GBP

10p ordinary

SWAP

Increasing Short

4,655

3.9700 GBP

10p ordinary

SWAP

Increasing Short

6,368

3.9731 GBP

10p ordinary

SWAP

Increasing Short

11,241

3.9786 GBP

10p ordinary

CFD

Increasing Short

17,818

3.9580 GBP

10p ordinary

CFD

Increasing Short

34,300

3.9583 GBP

10p ordinary

SWAP

Increasing Short

461,719

3.9769 GBP

10p ordinary

SWAP

Opening Long

2,399

3.9765 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:

03 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213