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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Drax Group Plc | LSE:DRX | London | Ordinary Share | GB00B1VNSX38 | ORD 11 16/29P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.50 | 0.28% | 545.50 | 546.50 | 548.50 | 549.00 | 539.00 | 544.00 | 1,057,900 | 16:35:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electric Services | 8.13B | 562.2M | 1.4615 | 3.74 | 2.1B |
TIDMDRX
RNS Number : 9026T
Drax Group PLC
11 January 2017
11 January 2017
Drax Group plc
(Symbol:DRX)
NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying Drax Group plc issuer of existing shares to which voting rights are attached: (ii) --------------------------------------------------------- ----------------- 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 No instruments which may result in the acquisition of shares already issued to which voting rights are attached ---------------------------------------------------------- ---------------- An acquisition or disposal of instruments with No similar economic effect to qualifying financial instruments ---------------------------------------------------------- ---------------- An event changing the breakdown of voting rights No ---------------------------------------------------------- ---------------- Other (please specify): No -------------------------------------------------------- ---------------- 3. Full name of person(s) subject to Invesco Limited the notification obligation: (iii) --------------------------------------------------------- ----------------- 4. Full name of shareholder(s) (if different from 3.):(iv) --------------------------------------------------------- ----------------- 5. Date of the transaction and date 09 January 2017 on which the threshold is crossed or reached: (v) --------------------------------------------------------- ----------------- 6. Date on which issuer notified: 10 January 2017 --------------------------------------------------------- ----------------- 7. Threshold(s) that is/are crossed or reached: (vi, vii) 21% --------------------------------------------------------- ----------------- 8. Notified details: -------------------------------------------------------------------------------------------------------------------------- A: Voting rights attached to shares (viii, ix) -------------------------------------------------------------------------------------------------------------------------- Class/type Situation previous Resulting situation after the of to the triggering triggering transaction shares transaction if possible using the ISIN CODE ------------- -------------------------------------------- ------------------------------------------------------------- Number Number Number Number of % of voting of of of voting rights (x) Shares Voting shares rights Rights ------------- -------------------------- ---------------- ---------- ---------------------- ------------------------- Direct Direct Indirect Direct Indirect (xi) (xii) ------------- --------- ----------- ------------ ---------- --------- ----------- ------------ ----------- Ordinary 11.55172p Shares GB00B1VNSX38 89,552,732 89,552,732 89,210,833 21.93% -------------------------- ---------------- ---------- --------- ----------- ------------ ----------- B: Qualifying Financial Instruments -------------------------------------------------------------------------------------------------------------------------- Resulting situation after the triggering transaction -------------------------------------------------------------------------------------------------------------------------- Type of Expiration Exercise/ Number of voting % of voting financial date Conversion rights that rights instrument (xiii) Period (xiv) may be acquired if the instrument is exercised/ converted. ----------------- ------------------------ ---------------------------- ------------------------ --------------------- C: Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv, xvi) -------------------------------------------------------------------------------------------------------------------------- Resulting situation after the triggering transaction -------------------------------------------------------------------------------------------------------------------------- Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date Conversion rights instrument rights (xix, instrument (xvii) period refers to xx) (xviii) --------------- ----------- --------------- -------------- ---------------------------------- ----------------------- Nominal Delta --------------- ----------- --------------- -------------- ---------------------------------- ------------ --------- Total (A+B+C) -------------------------------------------------------------------------------------------------------------------------- Number of voting rights Percentage of voting rights ------------------------------------------------------------- ----------------------------------------------------------- 89,210,833 21.93% ------------------------------------------------------------- ----------------------------------------------------------- 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: (xxi) ----------------------------------------------------------------------- Invesco Asset Management Limited - 88,988,904 Invesco PowerShares Capital Management LLC - 221,929 Proxy Voting: ----------------------------------------------------------------------- 10. Name of the proxy holder: Invesco Limited ------------------------------------------- -------------------------- 11. Number of voting rights proxy n/a holder will cease to hold: ------------------------------------------- -------------------------- 12. Date on which proxy holder will n/a cease to hold voting rights: ------------------------------------------- -------------------------- 13. Additional information: ------------------------------------------- -------------------------- 14. Contact name: Laura Dobson Deputy Company Secretary ------------------------------------------- -------------------------- 15. Contact telephone number: 01757 612778 ------------------------------------------- --------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 11, 2017 04:37 ET (09:37 GMT)
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