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:

19 Mar 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 PLC

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:

14,266,119

1.04%

7,609,719

0.55%

(2)

Cash-settled derivatives:

and/or controlled:

7,432,083

0.54%

14,508,655

1.05%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,698,202

1.58%

22,118,374

1.61%

(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

196,795

3.4196 GBP

10p ordinary

Purchase

180,572

3.3931 GBP

10p ordinary

Purchase

101,302

3.3828 GBP

10p ordinary

Purchase

90,043

3.3622 GBP

10p ordinary

Purchase

84,900

3.3918 GBP

10p ordinary

Purchase

76,754

3.4039 GBP

10p ordinary

Purchase

71,068

3.4215 GBP

10p ordinary

Purchase

64,412

3.4200 GBP

10p ordinary

Purchase

32,206

3.3968 GBP

10p ordinary

Purchase

30,657

3.4114 GBP

10p ordinary

Purchase

20,746

3.3633 GBP

10p ordinary

Purchase

20,005

3.4205 GBP

10p ordinary

Purchase

14,773

3.4119 GBP

10p ordinary

Purchase

14,250

3.3845 GBP

10p ordinary

Purchase

9,571

3.4042 GBP

10p ordinary

Purchase

8,129

3.3637 GBP

10p ordinary

Purchase

4,663

3.4040 GBP

10p ordinary

Purchase

3,498

3.3750 GBP

10p ordinary

Purchase

2,962

3.3981 GBP

10p ordinary

Purchase

2,733

3.4075 GBP

10p ordinary

Purchase

2,559

3.3600 GBP

10p ordinary

Purchase

2,220

3.3760 GBP

10p ordinary

Purchase

1,697

3.3645 GBP

10p ordinary

Purchase

1,436

3.3811 GBP

10p ordinary

Purchase

1,174

3.4070 GBP

10p ordinary

Purchase

1,112

3.4110 GBP

10p ordinary

Purchase

1,091

3.4055 GBP

10p ordinary

Purchase

1,057

3.4030 GBP

10p ordinary

Purchase

1,005

3.4080 GBP

10p ordinary

Purchase

967

3.4210 GBP

10p ordinary

Purchase

929

3.4180 GBP

10p ordinary

Purchase

818

3.4190 GBP

10p ordinary

Purchase

610

3.4245 GBP

10p ordinary

Purchase

461

3.4029 GBP

10p ordinary

Purchase

446

3.4220 GBP

10p ordinary

Purchase

299

3.3668 GBP

10p ordinary

Purchase

291

3.3890 GBP

10p ordinary

Purchase

212

3.4090 GBP

10p ordinary

Purchase

101

3.3584 GBP

10p ordinary

Purchase

50

3.4280 GBP

10p ordinary

Purchase

1

3.3650 GBP

10p ordinary

Sale

215,542

3.4143 GBP

10p ordinary

Sale

171,941

3.4155 GBP

10p ordinary

Sale

115,629

3.3854 GBP

10p ordinary

Sale

96,828

3.4201 GBP

10p ordinary

Sale

67,800

3.3887 GBP

10p ordinary

Sale

60,503

3.3736 GBP

10p ordinary

Sale

51,280

3.4125 GBP

10p ordinary

Sale

35,139

3.3998 GBP

10p ordinary

Sale

26,142

3.3841 GBP

10p ordinary

Sale

19,757

3.4084 GBP

10p ordinary

Sale

19,703

3.4111 GBP

10p ordinary

Sale

17,781

3.4124 GBP

10p ordinary

Sale

15,624

3.3754 GBP

10p ordinary

Sale

13,025

3.4170 GBP

10p ordinary

Sale

11,946

3.3875 GBP

10p ordinary

Sale

10,621

3.3840 GBP

10p ordinary

Sale

10,437

3.4200 GBP

10p ordinary

Sale

10,000

3.3990 GBP

10p ordinary

Sale

9,049

3.3926 GBP

10p ordinary

Sale

8,882

3.3778 GBP

10p ordinary

Sale

6,493

3.3615 GBP

10p ordinary

Sale

6,064

3.3696 GBP

10p ordinary

Sale

5,273

3.4050 GBP

10p ordinary

Sale

5,227

3.3865 GBP

10p ordinary

Sale

4,482

3.3658 GBP

10p ordinary

Sale

4,479

3.3733 GBP

10p ordinary

Sale

3,623

3.3760 GBP

10p ordinary

Sale

3,186

3.3979 GBP

10p ordinary

Sale

2,761

3.3607 GBP

10p ordinary

Sale

2,686

3.3750 GBP

10p ordinary

Sale

2,478

3.3836 GBP

10p ordinary

Sale

2,467

3.3715 GBP

10p ordinary

Sale

2,112

3.3620 GBP

10p ordinary

Sale

1,901

3.3606 GBP

10p ordinary

Sale

1,863

3.3758 GBP

10p ordinary

Sale

1,863

3.4180 GBP

10p ordinary

Sale

1,831

3.3581 GBP

10p ordinary

Sale

1,748

3.4083 GBP

10p ordinary

Sale

1,174

3.4070 GBP

10p ordinary

Sale

1,159

3.3450 GBP

10p ordinary

Sale

1,057

3.4030 GBP

10p ordinary

Sale

1,034

3.3610 GBP

10p ordinary

Sale

1,025

3.3810 GBP

10p ordinary

Sale

967

3.4210 GBP

10p ordinary

Sale

963

3.3730 GBP

10p ordinary

Sale

927

3.4020 GBP

10p ordinary

Sale

911

3.4080 GBP

10p ordinary

Sale

784

3.4105 GBP

10p ordinary

Sale

660

3.3570 GBP

10p ordinary

Sale

610

3.4245 GBP

10p ordinary

Sale

291

3.3890 GBP

10p ordinary

Sale

212

3.4090 GBP

10p ordinary

Sale

101

3.3587 GBP

10p ordinary

Sale

66

3.4203 GBP

10p ordinary

Sale

50

3.4283 GBP

10p ordinary

Sale

5

3.3640 GBP

10p ordinary

Sale

1

3.3650 GBP

10p ordinary

Sale

68

3.4190 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

36

3.3980 GBP

10p ordinary

SWAP

Decreasing Long

97

3.3650 GBP

10p ordinary

SWAP

Decreasing Long

772

3.3882 GBP

10p ordinary

SWAP

Decreasing Long

1,436

3.3811 GBP

10p ordinary

SWAP

Decreasing Long

1,697

3.3645 GBP

10p ordinary

SWAP

Decreasing Long

3,459

3.4031 GBP

10p ordinary

SWAP

Decreasing Long

3,950

3.4113 GBP

10p ordinary

SWAP

Decreasing Long

8,765

3.4200 GBP

10p ordinary

SWAP

Decreasing Long

16,773

3.3628 GBP

10p ordinary

SWAP

Decreasing Long

20,005

3.4205 GBP

10p ordinary

SWAP

Decreasing Long

20,746

3.3633 GBP

10p ordinary

SWAP

Decreasing Long

72,487

3.4041 GBP

10p ordinary

CFD

Decreasing Short

1,418

3.4197 GBP

10p ordinary

CFD

Decreasing Short

5,800

3.4200 GBP

10p ordinary

SWAP

Decreasing Short

10,000

3.3986 GBP

10p ordinary

CFD

Decreasing Short

12,860

3.4255 GBP

10p ordinary

SWAP

Decreasing Short

14,619

3.4120 GBP

10p ordinary

SWAP

Decreasing Short

17,781

3.4124 GBP

10p ordinary

CFD

Decreasing Short

18,070

3.3591 GBP

10p ordinary

CFD

Decreasing Short

35,100

3.4010 GBP

10p ordinary

SWAP

Decreasing Short

102,338

3.4200 GBP

10p ordinary

SWAP

Increasing Long

881

3.3789 GBP

10p ordinary

SWAP

Increasing Long

982

3.3729 GBP

10p ordinary

SWAP

Increasing Long

1,025

3.3810 GBP

10p ordinary

SWAP

Increasing Long

1,901

3.3606 GBP

10p ordinary

SWAP

Increasing Long

4,479

3.3733 GBP

10p ordinary

SWAP

Increasing Long

14,036

3.3981 GBP

10p ordinary

SWAP

Increasing Long

30,003

3.4015 GBP

10p ordinary

SWAP

Increasing Long

62,720

3.4200 GBP

10p ordinary

SWAP

Increasing Long

67,800

3.3887 GBP

10p ordinary

SWAP

Increasing Long

107,900

3.3959 GBP

10p ordinary

CFD

Increasing Short

1

3.3700 GBP

10p ordinary

CFD

Increasing Short

32

3.3581 GBP

10p ordinary

CFD

Increasing Short

623

3.3996 GBP

10p ordinary

SWAP

Increasing Short

1,002

3.3800 GBP

10p ordinary

CFD

Increasing Short

1,418

3.3652 GBP

10p ordinary

CFD

Increasing Short

2,220

3.3760 GBP

10p ordinary

SWAP

Increasing Short

2,493

3.3783 GBP

10p ordinary

SWAP

Increasing Short

4,780

3.3683 GBP

10p ordinary

SWAP

Increasing Short

6,271

3.3764 GBP

10p ordinary

CFD

Increasing Short

6,860

3.4200 GBP

10p ordinary

SWAP

Increasing Short

33,802

3.3770 GBP

10p ordinary

SWAP

Increasing Short

71,068

3.4215 GBP

10p ordinary

SWAP

Increasing Short

225,983

3.3937 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:

20 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213