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:

18 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:

14,089,251

1.02%

7,340,851

0.53%

(2)

Cash-settled derivatives:

and/or controlled:

7,207,192

0.52%

14,370,088

1.04%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,296,443

1.55%

21,710,939

1.58%

(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

250,258

3.4084 GBP

10p ordinary

Purchase

216,960

3.3959 GBP

10p ordinary

Purchase

105,030

3.4157 GBP

10p ordinary

Purchase

104,781

3.3915 GBP

10p ordinary

Purchase

101,170

3.4213 GBP

10p ordinary

Purchase

100,267

3.3885 GBP

10p ordinary

Purchase

86,833

3.3930 GBP

10p ordinary

Purchase

79,982

3.4263 GBP

10p ordinary

Purchase

73,980

3.4097 GBP

10p ordinary

Purchase

61,652

3.4219 GBP

10p ordinary

Purchase

33,652

3.3901 GBP

10p ordinary

Purchase

28,629

3.4141 GBP

10p ordinary

Purchase

28,564

3.4088 GBP

10p ordinary

Purchase

25,538

3.3962 GBP

10p ordinary

Purchase

24,945

3.3986 GBP

10p ordinary

Purchase

23,544

3.4164 GBP

10p ordinary

Purchase

17,405

3.4300 GBP

10p ordinary

Purchase

14,401

3.4129 GBP

10p ordinary

Purchase

13,900

3.3844 GBP

10p ordinary

Purchase

13,854

3.4230 GBP

10p ordinary

Purchase

9,378

3.3994 GBP

10p ordinary

Purchase

8,995

3.4012 GBP

10p ordinary

Purchase

8,264

3.3880 GBP

10p ordinary

Purchase

6,081

3.4185 GBP

10p ordinary

Purchase

3,981

3.4023 GBP

10p ordinary

Purchase

3,236

3.3990 GBP

10p ordinary

Purchase

3,167

3.3952 GBP

10p ordinary

Purchase

2,497

3.4030 GBP

10p ordinary

Purchase

2,450

3.4286 GBP

10p ordinary

Purchase

2,371

3.4144 GBP

10p ordinary

Purchase

2,196

3.3960 GBP

10p ordinary

Purchase

1,809

3.4105 GBP

10p ordinary

Purchase

1,772

3.4180 GBP

10p ordinary

Purchase

1,740

3.4252 GBP

10p ordinary

Purchase

1,596

3.4139 GBP

10p ordinary

Purchase

1,544

3.3940 GBP

10p ordinary

Purchase

1,156

3.4020 GBP

10p ordinary

Purchase

1,152

3.4060 GBP

10p ordinary

Purchase

999

3.4050 GBP

10p ordinary

Purchase

904

3.3924 GBP

10p ordinary

Purchase

875

3.4260 GBP

10p ordinary

Purchase

850

3.3950 GBP

10p ordinary

Purchase

801

3.4110 GBP

10p ordinary

Purchase

65

3.3870 GBP

10p ordinary

Purchase

15

3.3911 GBP

10p ordinary

Purchase

3

3.3900 GBP

10p ordinary

Sale

389,274

3.3880 GBP

10p ordinary

Sale

360,516

3.4215 GBP

10p ordinary

Sale

197,769

3.4096 GBP

10p ordinary

Sale

114,597

3.3915 GBP

10p ordinary

Sale

62,467

3.4052 GBP

10p ordinary

Sale

52,603

3.3881 GBP

10p ordinary

Sale

45,107

3.3850 GBP

10p ordinary

Sale

44,812

3.4071 GBP

10p ordinary

Sale

33,652

3.3901 GBP

10p ordinary

Sale

32,880

3.3936 GBP

10p ordinary

Sale

23,431

3.4163 GBP

10p ordinary

Sale

17,053

3.4335 GBP

10p ordinary

Sale

10,118

3.3938 GBP

10p ordinary

Sale

6,476

3.3886 GBP

10p ordinary

Sale

5,386

3.4050 GBP

10p ordinary

Sale

4,841

3.4076 GBP

10p ordinary

Sale

4,386

3.4149 GBP

10p ordinary

Sale

4,056

3.3975 GBP

10p ordinary

Sale

3,927

3.4036 GBP

10p ordinary

Sale

3,369

3.3940 GBP

10p ordinary

Sale

3,186

3.3953 GBP

10p ordinary

Sale

2,117

3.3960 GBP

10p ordinary

Sale

1,733

3.4147 GBP

10p ordinary

Sale

1,525

3.3860 GBP

10p ordinary

Sale

1,156

3.4020 GBP

10p ordinary

Sale

1,152

3.4060 GBP

10p ordinary

Sale

953

3.4180 GBP

10p ordinary

Sale

426

3.3943 GBP

10p ordinary

Sale

259

3.3930 GBP

10p ordinary

Sale

6

3.3920 GBP

10p ordinary

Sale

3

3.3900 GBP

10p ordinary

Sale

279

3.3870 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 Short

361,060

3.3880 GBP

10p ordinary

SWAP

Decreasing Long

267

3.3885 GBP

10p ordinary

SWAP

Decreasing Long

801

3.4110 GBP

10p ordinary

SWAP

Decreasing Long

2,196

3.3960 GBP

10p ordinary

SWAP

Decreasing Long

2,371

3.4144 GBP

10p ordinary

SWAP

Decreasing Long

2,450

3.4286 GBP

10p ordinary

SWAP

Decreasing Long

4,545

3.4086 GBP

10p ordinary

SWAP

Decreasing Long

10,203

3.3921 GBP

10p ordinary

SWAP

Decreasing Long

25,538

3.3962 GBP

10p ordinary

SWAP

Decreasing Long

128,298

3.3880 GBP

10p ordinary

CFD

Decreasing Short

23

3.3878 GBP

10p ordinary

SWAP

Decreasing Short

460

3.4052 GBP

10p ordinary

CFD

Decreasing Short

1,955

3.3880 GBP

10p ordinary

CFD

Decreasing Short

2,749

3.3877 GBP

10p ordinary

CFD

Decreasing Short

13,530

3.4199 GBP

10p ordinary

SWAP

Decreasing Short

26,076

3.4086 GBP

10p ordinary

CFD

Decreasing Short

33,652

3.3901 GBP

10p ordinary

SWAP

Decreasing Short

44,812

3.4071 GBP

10p ordinary

SWAP

Increasing Long

543

3.4060 GBP

10p ordinary

SWAP

Increasing Long

1,034

3.3940 GBP

10p ordinary

SWAP

Increasing Long

8,075

3.4215 GBP

10p ordinary

SWAP

Increasing Long

23,431

3.4164 GBP

10p ordinary

SWAP

Increasing Long

75,541

3.3885 GBP

10p ordinary

CFD

Increasing Short

23

3.3878 GBP

10p ordinary

SWAP

Increasing Short

230

3.4052 GBP

10p ordinary

SWAP

Increasing Short

892

3.4058 GBP

10p ordinary

CFD

Increasing Short

904

3.3924 GBP

10p ordinary

CFD

Increasing Short

1,669

3.3880 GBP

10p ordinary

SWAP

Increasing Short

2,299

3.4067 GBP

10p ordinary

CFD

Increasing Short

2,749

3.4062 GBP

10p ordinary

CFD

Increasing Short

3,544

3.3954 GBP

10p ordinary

SWAP

Increasing Short

7,058

3.3880 GBP

10p ordinary

SWAP

Increasing Short

7,151

3.4105 GBP

10p ordinary

CFD

Increasing Short

13,580

3.4300 GBP

10p ordinary

SWAP

Increasing Short

43,654

3.4057 GBP

10p ordinary

SWAP

Increasing Short

45,204

3.4093 GBP

10p ordinary

SWAP

Increasing Short

250,258

3.4084 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:

19 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213