Form 8.3 - DS SMITH PLC

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 May 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:

22,153,301

1.61%

7,948,585

0.58%

(2)

Cash-settled derivatives:

and/or controlled:

8,562,177

0.62%

21,472,725

1.56%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

30,715,478

2.23%

29,421,310

2.13%

(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

783,851

3.5453 GBP

10p ordinary

Purchase

399,599

3.5622 GBP

10p ordinary

Purchase

201,063

3.5240 GBP

10p ordinary

Purchase

200,000

3.5200 GBP

10p ordinary

Purchase

167,411

3.5580 GBP

10p ordinary

Purchase

137,701

3.5578 GBP

10p ordinary

Purchase

103,531

3.5175 GBP

10p ordinary

Purchase

100,000

3.5205 GBP

10p ordinary

Purchase

100,000

3.5183 GBP

10p ordinary

Purchase

100,000

3.5251 GBP

10p ordinary

Purchase

100,000

3.5180 GBP

10p ordinary

Purchase

100,000

3.5203 GBP

10p ordinary

Purchase

100,000

3.5137 GBP

10p ordinary

Purchase

100,000

3.5283 GBP

10p ordinary

Purchase

100,000

3.5154 GBP

10p ordinary

Purchase

97,933

3.5687 GBP

10p ordinary

Purchase

93,765

3.5638 GBP

10p ordinary

Purchase

78,765

3.5529 GBP

10p ordinary

Purchase

73,322

3.5280 GBP

10p ordinary

Purchase

73,080

3.5491 GBP

10p ordinary

Purchase

66,773

3.5633 GBP

10p ordinary

Purchase

57,192

3.5560 GBP

10p ordinary

Purchase

49,634

3.5576 GBP

10p ordinary

Purchase

48,291

3.5368 GBP

10p ordinary

Purchase

41,872

3.5434 GBP

10p ordinary

Purchase

32,740

3.5428 GBP

10p ordinary

Purchase

31,423

3.5579 GBP

10p ordinary

Purchase

30,155

3.5700 GBP

10p ordinary

Purchase

29,507

3.5660 GBP

10p ordinary

Purchase

29,390

3.5326 GBP

10p ordinary

Purchase

28,363

3.5349 GBP

10p ordinary

Purchase

25,832

3.5430 GBP

10p ordinary

Purchase

25,599

3.5450 GBP

10p ordinary

Purchase

23,638

3.5382 GBP

10p ordinary

Purchase

21,919

3.5658 GBP

10p ordinary

Purchase

19,597

3.5484 GBP

10p ordinary

Purchase

18,103

3.5454 GBP

10p ordinary

Purchase

14,841

3.5413 GBP

10p ordinary

Purchase

14,829

3.5435 GBP

10p ordinary

Purchase

14,297

3.5550 GBP

10p ordinary

Purchase

9,659

3.5403 GBP

10p ordinary

Purchase

8,351

3.5507 GBP

10p ordinary

Purchase

7,930

3.5373 GBP

10p ordinary

Purchase

7,381

3.5626 GBP

10p ordinary

Purchase

6,559

3.5237 GBP

10p ordinary

Purchase

6,248

3.5494 GBP

10p ordinary

Purchase

6,000

3.5215 GBP

10p ordinary

Purchase

5,614

3.5348 GBP

10p ordinary

Purchase

4,937

3.5440 GBP

10p ordinary

Purchase

4,684

3.5505 GBP

10p ordinary

Purchase

4,600

3.5168 GBP

10p ordinary

Purchase

4,591

3.5277 GBP

10p ordinary

Purchase

3,647

3.5219 GBP

10p ordinary

Purchase

2,606

3.5210 GBP

10p ordinary

Purchase

2,588

3.5399 GBP

10p ordinary

Purchase

1,889

3.5360 GBP

10p ordinary

Purchase

1,871

3.5495 GBP

10p ordinary

Purchase

1,568

3.5350 GBP

10p ordinary

Purchase

1,306

3.5370 GBP

10p ordinary

Purchase

1,216

3.5530 GBP

10p ordinary

Purchase

962

3.5600 GBP

10p ordinary

Purchase

896

3.5126 GBP

10p ordinary

Purchase

785

3.5100 GBP

10p ordinary

Purchase

785

3.5520 GBP

10p ordinary

Purchase

112

3.5554 GBP

10p ordinary

Sale

390,768

3.5617 GBP

10p ordinary

Sale

357,552

3.5580 GBP

10p ordinary

Sale

331,306

3.5214 GBP

10p ordinary

Sale

283,162

3.5208 GBP

10p ordinary

Sale

234,257

3.5526 GBP

10p ordinary

Sale

197,493

3.5197 GBP

10p ordinary

Sale

192,478

3.5572 GBP

10p ordinary

Sale

161,800

3.5348 GBP

10p ordinary

Sale

137,701

3.5578 GBP

10p ordinary

Sale

114,558

3.5605 GBP

10p ordinary

Sale

112,874

3.5416 GBP

10p ordinary

Sale

101,969

3.5604 GBP

10p ordinary

Sale

100,000

3.5200 GBP

10p ordinary

Sale

91,936

3.5246 GBP

10p ordinary

Sale

77,151

3.5701 GBP

10p ordinary

Sale

73,322

3.5280 GBP

10p ordinary

Sale

67,233

3.5183 GBP

10p ordinary

Sale

58,000

3.5442 GBP

10p ordinary

Sale

55,109

3.5189 GBP

10p ordinary

Sale

50,771

3.5571 GBP

10p ordinary

Sale

50,664

3.5596 GBP

10p ordinary

Sale

42,395

3.5352 GBP

10p ordinary

Sale

37,508

3.5394 GBP

10p ordinary

Sale

29,473

3.5560 GBP

10p ordinary

Sale

28,535

3.5171 GBP

10p ordinary

Sale

28,497

3.5678 GBP

10p ordinary

Sale

26,348

3.5576 GBP

10p ordinary

Sale

25,599

3.5454 GBP

10p ordinary

Sale

23,499

3.5592 GBP

10p ordinary

Sale

17,964

3.5610 GBP

10p ordinary

Sale

17,383

3.5589 GBP

10p ordinary

Sale

16,109

3.5750 GBP

10p ordinary

Sale

15,725

3.5564 GBP

10p ordinary

Sale

15,679

3.5477 GBP

10p ordinary

Sale

15,117

3.5448 GBP

10p ordinary

Sale

14,841

3.5413 GBP

10p ordinary

Sale

14,378

3.5466 GBP

10p ordinary

Sale

14,297

3.5550 GBP

10p ordinary

Sale

12,567

3.5488 GBP

10p ordinary

Sale

11,932

3.5583 GBP

10p ordinary

Sale

11,038

3.5577 GBP

10p ordinary

Sale

10,860

3.5425 GBP

10p ordinary

Sale

10,834

3.5741 GBP

10p ordinary

Sale

10,206

3.5230 GBP

10p ordinary

Sale

7,832

3.5535 GBP

10p ordinary

Sale

7,599

3.5360 GBP

10p ordinary

Sale

7,416

3.5209 GBP

10p ordinary

Sale

7,381

3.5629 GBP

10p ordinary

Sale

6,831

3.5529 GBP

10p ordinary

Sale

5,268

3.5540 GBP

10p ordinary

Sale

4,710

3.5720 GBP

10p ordinary

Sale

4,598

3.5579 GBP

10p ordinary

Sale

4,222

3.5188 GBP

10p ordinary

Sale

3,711

3.5104 GBP

10p ordinary

Sale

3,669

3.5218 GBP

10p ordinary

Sale

3,474

3.5758 GBP

10p ordinary

Sale

3,345

3.5503 GBP

10p ordinary

Sale

2,995

3.5281 GBP

10p ordinary

Sale

2,588

3.5403 GBP

10p ordinary

Sale

2,532

3.5600 GBP

10p ordinary

Sale

2,077

3.5349 GBP

10p ordinary

Sale

1,851

3.5530 GBP

10p ordinary

Sale

1,666

3.5494 GBP

10p ordinary

Sale

1,568

3.5350 GBP

10p ordinary

Sale

1,485

3.5300 GBP

10p ordinary

Sale

1,439

3.5179 GBP

10p ordinary

Sale

1,306

3.5370 GBP

10p ordinary

Sale

1,259

3.5505 GBP

10p ordinary

Sale

1,106

3.5420 GBP

10p ordinary

Sale

1,070

3.5256 GBP

10p ordinary

Sale

896

3.5129 GBP

10p ordinary

Sale

824

3.5780 GBP

10p ordinary

Sale

785

3.5520 GBP

10p ordinary

Sale

785

3.5100 GBP

10p ordinary

Sale

487

3.5820 GBP

10p ordinary

Sale

283

3.5595 GBP

10p ordinary

Sale

47

3.5590 GBP

10p ordinary

Sale

18

3.5111 GBP

10p ordinary

Sale

-42

3.5554 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

133,601

3.5579 GBP

10p ordinary

SWAP

Decreasing Long

28,363

3.5349 GBP

10p ordinary

SWAP

Decreasing Long

30,155

3.5700 GBP

10p ordinary

SWAP

Decreasing Short

1,439

3.5180 GBP

10p ordinary

SWAP

Decreasing Short

1,666

3.5494 GBP

10p ordinary

CFD

Decreasing Short

1,757

3.5579 GBP

10p ordinary

SWAP

Decreasing Short

2,052

3.5670 GBP

10p ordinary

SWAP

Decreasing Short

5,116

3.5360 GBP

10p ordinary

SWAP

Decreasing Short

7,624

3.5510 GBP

10p ordinary

SWAP

Decreasing Short

10,925

3.5550 GBP

10p ordinary

SWAP

Decreasing Short

12,480

3.5580 GBP

10p ordinary

CFD

Decreasing Short

13,839

3.5521 GBP

10p ordinary

SWAP

Decreasing Short

14,625

3.5580 GBP

10p ordinary

SWAP

Decreasing Short

46,259

3.5569 GBP

10p ordinary

CFD

Decreasing Short

138,534

3.5580 GBP

10p ordinary

CFD

Decreasing Short

139,007

3.5583 GBP

10p ordinary

SWAP

Decreasing Short

234,257

3.5526 GBP

10p ordinary

SWAP

Increasing Long

18

3.5107 GBP

10p ordinary

SWAP

Increasing Long

283

3.5594 GBP

10p ordinary

SWAP

Increasing Long

1,070

3.5256 GBP

10p ordinary

SWAP

Increasing Long

2,242

3.5214 GBP

10p ordinary

SWAP

Increasing Long

14,173

3.5348 GBP

10p ordinary

SWAP

Increasing Long

28,497

3.5678 GBP

10p ordinary

SWAP

Increasing Short

1

3.5180 GBP

10p ordinary

SWAP

Increasing Short

2

3.5290 GBP

10p ordinary

CFD

Increasing Short

214

3.5580 GBP

10p ordinary

SWAP

Increasing Short

4,591

3.5277 GBP

10p ordinary

SWAP

Increasing Short

6,248

3.5494 GBP

10p ordinary

SWAP

Increasing Short

9,639

3.5492 GBP

10p ordinary

CFD

Increasing Short

16,823

3.5211 GBP

10p ordinary

SWAP

Increasing Short

25,832

3.5430 GBP

10p ordinary

SWAP

Increasing Short

29,507

3.5660 GBP

10p ordinary

SWAP

Increasing Short

57,192

3.5560 GBP

10p ordinary

SWAP

Increasing Short

93,765

3.5638 GBP

10p ordinary

SWAP

Increasing Short

115,974

3.5567 GBP

10p ordinary

CFD

Increasing Short

141,265

3.5579 GBP

10p ordinary

CFD

Increasing Short

392,834

3.5356 GBP

10p ordinary

SWAP

Opening Long

70,093

3.5486 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 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213