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RNS Number : 0875S
Drax Group PLC
28 September 2017
 

28 September 2017

 

Drax Group plc

(Symbol:DRX)

 

NOTIFICATION OF MAJOR INTEREST IN SHARES'

 

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

Drax Group Plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer


2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

X

An event changing the breakdown of voting rights


Other (please specify)iii:


3. Details of person subject to the notification obligationiv

Name

Old Mutual Plc

City and country of registered office (if applicable)

London, UK

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

Name


City and country of registered office (if applicable)


5. Date on which the threshold was crossed or reachedvi:

22 September 2017

6. Date on which issuer notified (DD/MM/YYYY):

27 September 2017

7. Total positions of person(s) subject to the notification obligation


% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

4.93%

0.06%

4.99%

406,862,155

Position of previous notification (if

applicable)

4.97%

0.07%

5.04%


 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00B1VNSX38


20,063,043


4.93%











SUBTOTAL 8. A

20,063,043

4.93%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights


















SUBTOTAL 8. B 1



 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

CFD



Cash

247,929

0.06%
















SUBTOTAL 8.B.2

247,929

0.06%

 

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii


Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv (please add additional rows as necessary)

x

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Old Mutual Plc

4.93%

0.06%

4.99%

Old Mutual Global Investors

4.69%

0.06%

4.69%





Old Mutual Plc

4.93%

0.06%

4.99%

Acadian Asset Management LLC

0.24%

0.00%

0.24%





Old Mutual Plc

4.93%

0.06%

4.99%

Quilter Cheviot Limited

0.00%

0.00%

0.00%





Old Mutual Plc

4.93%

0.06%

4.99%

Old Mutual International

0.00%

0.00%

0.00%


10. In case of proxy voting, please identify:

Name of the proxy holder


The number and % of voting rights held


The date until which the voting rights will be held



11. Additional informationxvi

 

Place of completion

London

Date of completion

27 September 2017

Contact name:

Laura Dobson

Deputy Company Secretary

Contact telephone number

01757 612778

 

 

 


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