Share Name Share Symbol Market Type Share ISIN Share Description
Drax Group 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
  +0.20p +0.06% 356.80p 355.60p 356.00p 362.60p 353.80p 356.40p 1,007,612 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 3,685.2 -183.2 -37.2 - 1,437.05

Drax Group PLC Holding(s) in Company

13/07/2018 4:12pm

UK Regulatory (RNS & others)


Drax (LSE:DRX)
Historical Stock Chart

1 Month : From Jun 2018 to Jul 2018

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TIDMDRX

RNS Number : 6495U

Drax Group PLC

13 July 2018

13 July 2018

Drax Group plc

(Symbol:DRX)

NOTIFICATION OF MAJOR INTEREST IN SHARES

 
 1a. Identity of the issuer or the                            Drax Group PLC 
  underlying issuer of existing shares                         LEI: 549300YPSNTXR4ZHSR98 
  to which voting rights are attached(ii) 
  : 
 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 
                                                                                                     ----- 
 An event changing the breakdown of voting rights 
                                                                                                     ----- 
 Other (please specify)(iii) : 
                                                                                                     ----- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                         Invesco Ltd 
 City and country of registered office                        1555 Peachtree Street NE, Suite 1800, 
  (if applicable)                                              Atlanta, GA 30309 United States 
 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                           12/07/2018 
  crossed or reached(vi) : 
                                                             --------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               13/07/2018 
                                                             --------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights     Total of both      Total number 
                            rights attached      through financial      in % (8.A +      of voting rights 
                            to shares (total        instruments             8.B)          of issuer(vii) 
                                of 8. A)           (total of 8.B 
                                                     1 + 8.B 2) 
                          ------------------  ----------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                    21.00%                   0                21.00%           402,467,388 
                          ------------------  ----------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)                   20.85%%                  0                20.85% 
                          ------------------  ----------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights(ix)                              % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                   ------------------------------------------------------- 
                            Direct                      Indirect                      Direct                  Indirect 
                      (Art 9 of Directive         (Art 10 of Directive          (Art 9 of Directive     (Art 10 of Directive 
                          2004/109/EC)                2004/109/EC)             2004/109/EC) (DTR5.1)        2004/109/EC) 
                            (DTR5.1)                   (DTR5.2.1)                                            (DTR5.2.1) 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 GB00B1VNSX38                                          84,518,898                                              21.00% 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. 
  A                                       84,518,898                                             21.00% 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                            Number of voting                  % of voting rights 
  financial          date(x)      Conversion Period(xi)                rights that may 
  instrument                                                           be acquired if 
                                                                       the instrument 
                                                                       is 
                                                                       exercised/converted. 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 
 
 
                                 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       Expiration        Exercise/               Physical or              Number of             % of voting rights 
  financial     date(x)           Conversion              cash                     voting rights 
  instrument                      Period (xi)             settlement(xii) 
              ----------------  ----------------------  -----------------------  -------------------- 
 
 
 
                                                         SUBTOTAL 8.B.2 
                                                        -----------------------  -------------------- 
 
 
 
 
 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) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights                           x 
  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) 
         Name(xv)            % of voting rights      % of voting rights        Total of both if 
                               if it equals or        through financial      it equals or is higher 
                              is higher than the      instruments if it       than the notifiable 
                             notifiable threshold    equals or is higher           threshold 
                                                     than the notifiable 
                                                          threshold 
                           ----------------------  ---------------------  -------------------------- 
 Invesco Asset 
  Management Limited               20.58%                    0                      20.58% 
                           ----------------------  ---------------------  -------------------------- 
 Invesco Asset 
  Management Deutschland 
  GmbH                              0.37%                    0                       0.37% 
                           ----------------------  ---------------------  -------------------------- 
 Invesco PowerShares 
  Capital Management 
  LLC                               0.05%                    0                       0.05% 
                           ----------------------  ---------------------  -------------------------- 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                                           Invesco (UK) Ltd 
                                                   ------------------------------------------------- 
 The number and % of voting rights                                        N/A 
  held 
                                                   ------------------------------------------------- 
 The date until which the voting rights                                   N/A 
  will be held 
                                                   ------------------------------------------------- 
 
 11. Additional information(xvi) 
 
 
 
 
 Place of completion   Henley-on-Thames 
 Date of completion    13/07/2018 
                      ----------------- 
 
 
 Contact name:                Laura Dobson 
                               Deputy Company Secretary (Drax 
                               Group plc) 
 Contact telephone number:    01757 612778 
                             -------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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