RNS Number : 9523W
Drax Group PLC
13 November 2014
 



13 November 2014

 

Drax Group plc

(Symbol:DRX)

 

NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

Drax Group plc

 

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the notification obligation: iii

Legal & General Group Plc (L&G)

4. Full name of shareholder(s)
 (if different from 3.):iv

N/A

5. Date of the transaction and date on which the threshold is crossed or
reached: v

10 November 2014

6. Date on which issuer notified:

12 November 2014

7. Threshold(s) that is/are crossed or reached: vi, vii

L&G (Below 3%)

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

 

GB00B 0.1155172

 

14,478,741

 

(As on 19/07/2014)

Below 3%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date xiii

Exercise/
Conversion Period xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 






Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

Below 3%

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

Legal & General Group Plc (Direct and Indirect) (Group)

 

Legal & General Investment Management (Holdings) Limited (LGIMH)) (Direct and Indirect)

 

Legal & General Investment Management Limited (Indirect) (LGIM)

 

Legal & General Group Plc (Direct) (L&G) (Below 3%=LGAS, LGPL & PMC)

 

Legal & General Investment Management (Holdings) Limited       Legal & General Insurance Holdings Limited (Direct)

(Direct) (LGIMHD)                                                                    (LGIH)

 

Legal & General Assurance (Pensions Management) Limited      Legal &General Assurance Society Limited (LGAS &

(PMC)                                                                                    LGPL)

 

                                                                                             Legal & General Pensions Limited (Direct) (LGPL)

 


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A


13. Additional information:

Notification using the total voting rights figure of 404,818,378

 

14. Contact name:

Phil White

Deputy Company Secretary

15. Contact telephone number:

01757 612167

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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