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:

14 Feb 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:

7,904,322

0.57%

6,522,217

0.47%

(2)

Cash-settled derivatives:

and/or controlled:

6,067,389

0.44%

7,566,137

0.55%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

13,971,711

1.01%

14,088,354

1.02%

(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

894,064

3.1910 GBP

10p ordinary

Purchase

541,539

3.1912 GBP

10p ordinary

Purchase

161,053

3.1880 GBP

10p ordinary

Purchase

160,993

3.2070 GBP

10p ordinary

Purchase

113,643

3.1835 GBP

10p ordinary

Purchase

90,286

3.1757 GBP

10p ordinary

Purchase

51,193

3.1882 GBP

10p ordinary

Purchase

34,243

3.1914 GBP

10p ordinary

Purchase

27,837

3.1730 GBP

10p ordinary

Purchase

26,177

3.1785 GBP

10p ordinary

Purchase

23,800

3.1859 GBP

10p ordinary

Purchase

19,788

3.1794 GBP

10p ordinary

Purchase

16,292

3.1839 GBP

10p ordinary

Purchase

14,331

3.1888 GBP

10p ordinary

Purchase

14,304

3.1711 GBP

10p ordinary

Purchase

11,599

3.1776 GBP

10p ordinary

Purchase

9,355

3.1870 GBP

10p ordinary

Purchase

8,775

3.2090 GBP

10p ordinary

Purchase

7,124

3.1755 GBP

10p ordinary

Purchase

5,722

3.1893 GBP

10p ordinary

Purchase

5,386

3.1700 GBP

10p ordinary

Purchase

3,762

3.1876 GBP

10p ordinary

Purchase

3,042

3.1848 GBP

10p ordinary

Purchase

3,005

3.2029 GBP

10p ordinary

Purchase

2,053

3.1841 GBP

10p ordinary

Purchase

1,967

3.1810 GBP

10p ordinary

Purchase

1,410

3.1830 GBP

10p ordinary

Purchase

1,262

3.1780 GBP

10p ordinary

Purchase

1,132

3.1680 GBP

10p ordinary

Purchase

926

3.1824 GBP

10p ordinary

Purchase

915

3.1829 GBP

10p ordinary

Purchase

711

3.1871 GBP

10p ordinary

Purchase

571

3.1845 GBP

10p ordinary

Purchase

534

3.1720 GBP

10p ordinary

Purchase

358

3.1886 GBP

10p ordinary

Purchase

267

3.1670 GBP

10p ordinary

Purchase

135

3.1890 GBP

10p ordinary

Purchase

108

3.1805 GBP

10p ordinary

Purchase

94

3.1987 GBP

10p ordinary

Purchase

88

3.1791 GBP

10p ordinary

Purchase

86

3.1765 GBP

10p ordinary

Purchase

75

3.1770 GBP

10p ordinary

Purchase

60

3.1782 GBP

10p ordinary

Purchase

15

3.1913 GBP

10p ordinary

Purchase

7

3.2040 GBP

10p ordinary

Purchase

3

3.2020 GBP

10p ordinary

Purchase

3

3.1796 GBP

10p ordinary

Purchase

2

3.2160 GBP

10p ordinary

Sale

805,371

3.1940 GBP

10p ordinary

Sale

573,340

3.1910 GBP

10p ordinary

Sale

160,993

3.2070 GBP

10p ordinary

Sale

113,366

3.1926 GBP

10p ordinary

Sale

98,900

3.1816 GBP

10p ordinary

Sale

79,279

3.1758 GBP

10p ordinary

Sale

71,834

3.1871 GBP

10p ordinary

Sale

51,891

3.1889 GBP

10p ordinary

Sale

26,457

3.1731 GBP

10p ordinary

Sale

17,388

3.1794 GBP

10p ordinary

Sale

14,091

3.1707 GBP

10p ordinary

Sale

12,843

3.1824 GBP

10p ordinary

Sale

10,958

3.1749 GBP

10p ordinary

Sale

7,590

3.1798 GBP

10p ordinary

Sale

3,898

3.1801 GBP

10p ordinary

Sale

3,124

3.1820 GBP

10p ordinary

Sale

2,985

3.1723 GBP

10p ordinary

Sale

2,533

3.1997 GBP

10p ordinary

Sale

2,415

3.1980 GBP

10p ordinary

Sale

2,313

3.1772 GBP

10p ordinary

Sale

2,030

3.1660 GBP

10p ordinary

Sale

2,003

3.2090 GBP

10p ordinary

Sale

1,889

3.2030 GBP

10p ordinary

Sale

1,807

3.1751 GBP

10p ordinary

Sale

1,410

3.1830 GBP

10p ordinary

Sale

1,380

3.1704 GBP

10p ordinary

Sale

1,328

3.1896 GBP

10p ordinary

Sale

1,262

3.1780 GBP

10p ordinary

Sale

1,132

3.1680 GBP

10p ordinary

Sale

1,024

3.1775 GBP

10p ordinary

Sale

1,002

3.1770 GBP

10p ordinary

Sale

914

3.1786 GBP

10p ordinary

Sale

892

3.1700 GBP

10p ordinary

Sale

717

3.1765 GBP

10p ordinary

Sale

668

3.1895 GBP

10p ordinary

Sale

534

3.1720 GBP

10p ordinary

Sale

380

3.1921 GBP

10p ordinary

Sale

284

3.1898 GBP

10p ordinary

Sale

267

3.1670 GBP

10p ordinary

Sale

213

3.2010 GBP

10p ordinary

Sale

94

3.1990 GBP

10p ordinary

Sale

7

3.2040 GBP

10p ordinary

Sale

3

3.2020 GBP

10p ordinary

Sale

3

3.1799 GBP

10p ordinary

Sale

2

3.2160 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

358

3.1887 GBP

10p ordinary

SWAP

Closing Long

424

3.1871 GBP

10p ordinary

SWAP

Closing Long

926

3.1824 GBP

10p ordinary

SWAP

Closing Long

3,435

3.2070 GBP

10p ordinary

SWAP

Closing Long

4,748

3.1910 GBP

10p ordinary

SWAP

Closing Long

9,355

3.1870 GBP

10p ordinary

SWAP

Closing Short

4,494

3.1700 GBP

10p ordinary

SWAP

Decreasing Long

287

3.1871 GBP

10p ordinary

SWAP

Decreasing Long

1,312

3.1751 GBP

10p ordinary

SWAP

Decreasing Long

1,780

3.1892 GBP

10p ordinary

SWAP

Decreasing Long

2,713

3.2070 GBP

10p ordinary

SWAP

Decreasing Long

5,722

3.1893 GBP

10p ordinary

SWAP

Decreasing Long

6,772

3.2090 GBP

10p ordinary

SWAP

Decreasing Long

9,497

3.2070 GBP

10p ordinary

SWAP

Decreasing Long

12,056

3.1735 GBP

10p ordinary

SWAP

Decreasing Long

17,839

3.1823 GBP

10p ordinary

SWAP

Decreasing Long

34,243

3.1914 GBP

10p ordinary

SWAP

Decreasing Long

109,815

3.1897 GBP

10p ordinary

SWAP

Decreasing Long

113,643

3.1835 GBP

10p ordinary

SWAP

Decreasing Long

133,722

3.1910 GBP

10p ordinary

SWAP

Decreasing Long

161,053

3.1880 GBP

10p ordinary

SWAP

Decreasing Short

2,533

3.1997 GBP

10p ordinary

CFD

Decreasing Short

5,684

3.1907 GBP

10p ordinary

CFD

Decreasing Short

8,001

3.1927 GBP

10p ordinary

CFD

Decreasing Short

15,815

3.2067 GBP

10p ordinary

CFD

Decreasing Short

29,815

3.1788 GBP

10p ordinary

CFD

Decreasing Short

67,885

3.1909 GBP

10p ordinary

CFD

Decreasing Short

160,993

3.2069 GBP

10p ordinary

SWAP

Increasing Long

711

3.2015 GBP

10p ordinary

SWAP

Increasing Long

1,328

3.1896 GBP

10p ordinary

SWAP

Increasing Long

2,415

3.1980 GBP

10p ordinary

SWAP

Increasing Long

3,447

3.1748 GBP

10p ordinary

SWAP

Increasing Long

6,148

3.2070 GBP

10p ordinary

SWAP

Increasing Long

24,154

3.1926 GBP

10p ordinary

SWAP

Increasing Long

32,610

3.1910 GBP

10p ordinary

SWAP

Increasing Long

71,123

3.1870 GBP

10p ordinary

SWAP

Increasing Long

98,900

3.1816 GBP

10p ordinary

SWAP

Increasing Long

288,803

3.1909 GBP

10p ordinary

SWAP

Increasing Short

237

3.1917 GBP

10p ordinary

SWAP

Increasing Short

237

3.1920 GBP

10p ordinary

SWAP

Increasing Short

3,372

3.1821 GBP

10p ordinary

CFD

Increasing Short

3,448

3.1838 GBP

10p ordinary

SWAP

Increasing Short

10,485

3.1908 GBP

10p ordinary

CFD

Increasing Short

15,815

3.1912 GBP

10p ordinary

CFD

Increasing Short

104,137

3.1910 GBP

10p ordinary

SWAP

Increasing Short

138,673

3.1910 GBP

10p ordinary

CFD

Increasing Short

404,434

3.1909 GBP

10p ordinary

SWAP

Opening Long

89,212

3.1926 GBP

10p ordinary

SWAP

Opening Long

266,131

3.1907 GBP

10p ordinary

SWAP

Opening Short

26,019

3.1905 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 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213