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:

27 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 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:

13,133,763

0.95%

15,810,008

1.15%

(2)

Cash-settled derivatives:

and/or controlled:

12,156,535

0.88%

13,218,846

0.96%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

25,290,298

1.84%

29,028,854

2.11%

(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

780,966

3.8772 GBP

10p ordinary

Purchase

645,303

3.8692 GBP

10p ordinary

Purchase

608,058

3.9574 GBP

10p ordinary

Purchase

460,647

3.8955 GBP

10p ordinary

Purchase

387,227

3.9336 GBP

10p ordinary

Purchase

343,848

3.9301 GBP

10p ordinary

Purchase

309,714

3.9071 GBP

10p ordinary

Purchase

309,349

3.8890 GBP

10p ordinary

Purchase

291,726

3.9142 GBP

10p ordinary

Purchase

202,908

3.9159 GBP

10p ordinary

Purchase

147,517

3.8870 GBP

10p ordinary

Purchase

140,272

3.9095 GBP

10p ordinary

Purchase

134,055

3.9451 GBP

10p ordinary

Purchase

130,909

3.8942 GBP

10p ordinary

Purchase

128,708

3.8770 GBP

10p ordinary

Purchase

120,077

3.8631 GBP

10p ordinary

Purchase

112,321

3.9660 GBP

10p ordinary

Purchase

102,425

3.8634 GBP

10p ordinary

Purchase

101,862

3.9658 GBP

10p ordinary

Purchase

94,142

3.8793 GBP

10p ordinary

Purchase

91,923

3.8700 GBP

10p ordinary

Purchase

90,793

3.9379 GBP

10p ordinary

Purchase

85,815

3.8911 GBP

10p ordinary

Purchase

62,527

3.8758 GBP

10p ordinary

Purchase

58,475

3.9112 GBP

10p ordinary

Purchase

52,722

3.8837 GBP

10p ordinary

Purchase

50,352

3.9504 GBP

10p ordinary

Purchase

47,834

3.9000 GBP

10p ordinary

Purchase

45,593

3.8808 GBP

10p ordinary

Purchase

37,888

3.9476 GBP

10p ordinary

Purchase

33,648

3.8691 GBP

10p ordinary

Purchase

33,425

3.8871 GBP

10p ordinary

Purchase

32,003

3.9499 GBP

10p ordinary

Purchase

31,662

3.8967 GBP

10p ordinary

Purchase

29,548

3.9434 GBP

10p ordinary

Purchase

28,841

3.8923 GBP

10p ordinary

Purchase

24,100

3.8951 GBP

10p ordinary

Purchase

22,448

3.8712 GBP

10p ordinary

Purchase

19,478

3.9482 GBP

10p ordinary

Purchase

18,125

3.8786 GBP

10p ordinary

Purchase

13,559

3.9040 GBP

10p ordinary

Purchase

12,346

3.9315 GBP

10p ordinary

Purchase

11,782

3.9505 GBP

10p ordinary

Purchase

11,199

3.9103 GBP

10p ordinary

Purchase

10,933

3.9571 GBP

10p ordinary

Purchase

10,879

3.8600 GBP

10p ordinary

Purchase

10,319

3.9009 GBP

10p ordinary

Purchase

9,439

3.9617 GBP

10p ordinary

Purchase

8,259

3.8729 GBP

10p ordinary

Purchase

7,922

3.9078 GBP

10p ordinary

Purchase

7,560

3.9287 GBP

10p ordinary

Purchase

7,437

3.9079 GBP

10p ordinary

Purchase

6,938

3.8983 GBP

10p ordinary

Purchase

6,432

3.8930 GBP

10p ordinary

Purchase

5,618

3.8914 GBP

10p ordinary

Purchase

5,338

3.8670 GBP

10p ordinary

Purchase

5,220

3.8782 GBP

10p ordinary

Purchase

4,969

3.8853 GBP

10p ordinary

Purchase

4,752

3.9041 GBP

10p ordinary

Purchase

4,592

3.9293 GBP

10p ordinary

Purchase

4,347

3.9061 GBP

10p ordinary

Purchase

3,922

3.9570 GBP

10p ordinary

Purchase

3,590

3.8550 GBP

10p ordinary

Purchase

3,477

3.9247 GBP

10p ordinary

Purchase

2,580

3.8620 GBP

10p ordinary

Purchase

2,553

3.8880 GBP

10p ordinary

Purchase

2,545

3.9200 GBP

10p ordinary

Purchase

2,541

3.9180 GBP

10p ordinary

Purchase

2,403

3.9560 GBP

10p ordinary

Purchase

2,319

3.8425 GBP

10p ordinary

Purchase

1,964

3.8630 GBP

10p ordinary

Purchase

1,943

3.8682 GBP

10p ordinary

Purchase

1,857

3.9263 GBP

10p ordinary

Purchase

1,500

3.8520 GBP

10p ordinary

Purchase

1,497

3.9500 GBP

10p ordinary

Purchase

1,388

3.8790 GBP

10p ordinary

Purchase

1,325

3.8640 GBP

10p ordinary

Purchase

1,323

3.9036 GBP

10p ordinary

Purchase

1,309

3.8814 GBP

10p ordinary

Purchase

1,255

3.8650 GBP

10p ordinary

Purchase

1,174

3.8830 GBP

10p ordinary

Purchase

1,142

3.8500 GBP

10p ordinary

Purchase

1,062

3.9410 GBP

10p ordinary

Purchase

1,006

3.9100 GBP

10p ordinary

Purchase

1,001

3.8720 GBP

10p ordinary

Purchase

970

3.9640 GBP

10p ordinary

Purchase

950

3.9130 GBP

10p ordinary

Purchase

940

3.8860 GBP

10p ordinary

Purchase

911

3.9595 GBP

10p ordinary

Purchase

858

3.9400 GBP

10p ordinary

Purchase

802

3.9310 GBP

10p ordinary

Purchase

680

3.8420 GBP

10p ordinary

Purchase

558

3.8585 GBP

10p ordinary

Purchase

109

3.8960 GBP

10p ordinary

Purchase

11

3.9626 GBP

10p ordinary

Sale

1,551,756

3.9076 GBP

10p ordinary

Sale

1,458,795

3.8907 GBP

10p ordinary

Sale

1,071,030

3.9167 GBP

10p ordinary

Sale

1,040,815

3.9509 GBP

10p ordinary

Sale

982,717

3.9153 GBP

10p ordinary

Sale

696,753

3.8855 GBP

10p ordinary

Sale

525,886

3.8603 GBP

10p ordinary

Sale

401,092

3.8675 GBP

10p ordinary

Sale

400,000

3.9609 GBP

10p ordinary

Sale

367,476

3.8856 GBP

10p ordinary

Sale

366,738

3.9431 GBP

10p ordinary

Sale

364,365

3.8790 GBP

10p ordinary

Sale

354,925

3.8896 GBP

10p ordinary

Sale

329,146

3.9028 GBP

10p ordinary

Sale

303,781

3.8631 GBP

10p ordinary

Sale

277,378

3.9136 GBP

10p ordinary

Sale

246,085

3.8974 GBP

10p ordinary

Sale

244,485

3.9106 GBP

10p ordinary

Sale

200,000

3.9654 GBP

10p ordinary

Sale

120,755

3.8899 GBP

10p ordinary

Sale

108,761

3.9420 GBP

10p ordinary

Sale

100,070

3.8769 GBP

10p ordinary

Sale

100,000

3.9100 GBP

10p ordinary

Sale

96,695

3.8700 GBP

10p ordinary

Sale

96,219

3.8594 GBP

10p ordinary

Sale

90,793

3.9379 GBP

10p ordinary

Sale

90,478

3.9249 GBP

10p ordinary

Sale

89,426

3.8980 GBP

10p ordinary

Sale

88,658

3.9660 GBP

10p ordinary

Sale

84,133

3.8825 GBP

10p ordinary

Sale

73,767

3.9259 GBP

10p ordinary

Sale

71,488

3.8880 GBP

10p ordinary

Sale

70,854

3.9129 GBP

10p ordinary

Sale

58,769

3.9035 GBP

10p ordinary

Sale

54,110

3.8865 GBP

10p ordinary

Sale

50,120

3.8730 GBP

10p ordinary

Sale

45,528

3.9017 GBP

10p ordinary

Sale

40,694

3.9272 GBP

10p ordinary

Sale

34,230

3.8946 GBP

10p ordinary

Sale

32,801

3.9663 GBP

10p ordinary

Sale

32,387

3.8510 GBP

10p ordinary

Sale

30,381

3.8658 GBP

10p ordinary

Sale

21,953

3.9355 GBP

10p ordinary

Sale

20,361

3.9058 GBP

10p ordinary

Sale

16,121

3.9009 GBP

10p ordinary

Sale

15,644

3.8826 GBP

10p ordinary

Sale

14,875

3.8744 GBP

10p ordinary

Sale

11,782

3.9505 GBP

10p ordinary

Sale

10,853

3.8633 GBP

10p ordinary

Sale

9,316

3.8954 GBP

10p ordinary

Sale

7,817

3.8620 GBP

10p ordinary

Sale

7,021

3.8604 GBP

10p ordinary

Sale

5,444

3.9547 GBP

10p ordinary

Sale

5,338

3.8670 GBP

10p ordinary

Sale

5,241

3.8630 GBP

10p ordinary

Sale

4,752

3.9041 GBP

10p ordinary

Sale

3,860

3.8600 GBP

10p ordinary

Sale

3,800

3.9555 GBP

10p ordinary

Sale

3,747

3.9140 GBP

10p ordinary

Sale

3,590

3.8550 GBP

10p ordinary

Sale

3,000

3.8710 GBP

10p ordinary

Sale

2,545

3.9200 GBP

10p ordinary

Sale

2,541

3.9180 GBP

10p ordinary

Sale

2,403

3.9560 GBP

10p ordinary

Sale

2,324

3.9040 GBP

10p ordinary

Sale

1,943

3.8682 GBP

10p ordinary

Sale

1,608

3.9045 GBP

10p ordinary

Sale

1,497

3.9500 GBP

10p ordinary

Sale

1,467

3.9215 GBP

10p ordinary

Sale

1,392

3.8890 GBP

10p ordinary

Sale

1,325

3.8640 GBP

10p ordinary

Sale

1,272

3.9130 GBP

10p ordinary

Sale

1,255

3.8650 GBP

10p ordinary

Sale

1,174

3.8830 GBP

10p ordinary

Sale

1,142

3.8500 GBP

10p ordinary

Sale

1,053

3.9570 GBP

10p ordinary

Sale

1,019

3.8720 GBP

10p ordinary

Sale

985

3.9135 GBP

10p ordinary

Sale

802

3.9310 GBP

10p ordinary

Sale

674

3.9240 GBP

10p ordinary

Sale

308

3.9418 GBP

10p ordinary

Sale

109

3.8960 GBP

10p ordinary

Sale

27

3.9626 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

101,936

3.9611 GBP

10p ordinary

SWAP

Closing Long

111,245

3.9660 GBP

10p ordinary

SWAP

Closing Short

9,147

3.8535 GBP

10p ordinary

SWAP

Closing Short

81,039

3.9660 GBP

10p ordinary

SWAP

Closing Short

83,369

3.8889 GBP

10p ordinary

SWAP

Closing Short

144,958

3.9159 GBP

10p ordinary

SWAP

Closing Short

241,126

3.9071 GBP

10p ordinary

SWAP

Decreasing Long

1,857

3.9263 GBP

10p ordinary

SWAP

Decreasing Long

3,287

3.8837 GBP

10p ordinary

SWAP

Decreasing Long

6,143

3.8687 GBP

10p ordinary

SWAP

Decreasing Long

12,466

3.9660 GBP

10p ordinary

SWAP

Decreasing Long

25,422

3.9386 GBP

10p ordinary

SWAP

Decreasing Long

26,143

3.8895 GBP

10p ordinary

SWAP

Decreasing Long

57,950

3.9159 GBP

10p ordinary

SWAP

Decreasing Long

68,588

3.9071 GBP

10p ordinary

SWAP

Decreasing Long

102,425

3.8634 GBP

10p ordinary

SWAP

Decreasing Long

104,766

3.8954 GBP

10p ordinary

SWAP

Decreasing Long

113,828

3.9292 GBP

10p ordinary

SWAP

Decreasing Long

291,726

3.9142 GBP

10p ordinary

CFD

Decreasing Short

1

3.8500 GBP

10p ordinary

CFD

Decreasing Short

1,400

3.8721 GBP

10p ordinary

SWAP

Decreasing Short

1,422

3.8949 GBP

10p ordinary

CFD

Decreasing Short

1,585

3.8598 GBP

10p ordinary

CFD

Decreasing Short

4,999

3.8616 GBP

10p ordinary

CFD

Decreasing Short

5,000

3.8636 GBP

10p ordinary

CFD

Decreasing Short

5,308

3.9156 GBP

10p ordinary

CFD

Decreasing Short

6,095

3.9660 GBP

10p ordinary

CFD

Decreasing Short

9,001

3.8696 GBP

10p ordinary

CFD

Decreasing Short

9,999

3.8537 GBP

10p ordinary

CFD

Decreasing Short

11,782

3.9505 GBP

10p ordinary

CFD

Decreasing Short

12,500

3.8626 GBP

10p ordinary

SWAP

Decreasing Short

14,875

3.8744 GBP

10p ordinary

CFD

Decreasing Short

17,265

3.9437 GBP

10p ordinary

SWAP

Decreasing Short

27,500

3.8696 GBP

10p ordinary

CFD

Decreasing Short

35,665

3.8749 GBP

10p ordinary

SWAP

Decreasing Short

70,854

3.9129 GBP

10p ordinary

SWAP

Decreasing Short

88,200

3.9660 GBP

10p ordinary

SWAP

Decreasing Short

96,219

3.8594 GBP

10p ordinary

SWAP

Decreasing Short

200,000

3.9654 GBP

10p ordinary

SWAP

Decreasing Short

303,781

3.8631 GBP

10p ordinary

SWAP

Decreasing Short

329,146

3.9028 GBP

10p ordinary

SWAP

Decreasing Short

400,000

3.9609 GBP

10p ordinary

SWAP

Decreasing Short

785,125

3.8636 GBP

10p ordinary

SWAP

Increasing Long

674

3.9240 GBP

10p ordinary

SWAP

Increasing Long

1,805

3.9217 GBP

10p ordinary

SWAP

Increasing Long

3,883

3.9102 GBP

10p ordinary

SWAP

Increasing Long

4,040

3.9090 GBP

10p ordinary

SWAP

Increasing Long

15,319

3.9659 GBP

10p ordinary

SWAP

Increasing Long

166,690

3.8953 GBP

10p ordinary

SWAP

Increasing Long

217,600

3.9234 GBP

10p ordinary

SWAP

Increasing Long

333,541

3.8750 GBP

10p ordinary

SWAP

Increasing Long

397,209

3.8671 GBP

10p ordinary

SWAP

Increasing Long

543,042

3.9418 GBP

10p ordinary

SWAP

Increasing Long

674,408

3.9207 GBP

10p ordinary

SWAP

Increasing Long

1,551,756

3.9076 GBP

10p ordinary

SWAP

Increasing Short

711

3.8949 GBP

10p ordinary

SWAP

Increasing Short

2,492

3.9244 GBP

10p ordinary

SWAP

Increasing Short

6,739

3.9199 GBP

10p ordinary

CFD

Increasing Short

10,933

3.9571 GBP

10p ordinary

CFD

Increasing Short

11,199

3.9103 GBP

10p ordinary

CFD

Increasing Short

11,204

3.8657 GBP

10p ordinary

CFD

Increasing Short

11,218

3.8607 GBP

10p ordinary

CFD

Increasing Short

11,226

3.8807 GBP

10p ordinary

CFD

Increasing Short

11,235

3.9040 GBP

10p ordinary

SWAP

Increasing Short

11,319

3.9158 GBP

10p ordinary

SWAP

Increasing Short

44,033

3.8936 GBP

10p ordinary

CFD

Increasing Short

49,871

3.8725 GBP

10p ordinary

CFD

Increasing Short

89,334

3.8700 GBP

10p ordinary

SWAP

Increasing Short

294,781

3.8834 GBP

10p ordinary

SWAP

Increasing Short

608,058

3.9574 GBP

10p ordinary

SWAP

Opening Long

1,159

3.9185 GBP

10p ordinary

SWAP

Opening Long

316,955

3.9660 GBP

10p ordinary

SWAP

Opening Long

573,618

3.9182 GBP

10p ordinary

SWAP

Opening Long

982,717

3.9153 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:

28 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213