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DRX Drax Group Plc

515.50
2.00 (0.39%)
Last Updated: 10:56:21
Delayed by 15 minutes
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
  2.00 0.39% 515.50 515.00 516.00 527.50 515.50 520.00 353,956 10:56:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 8.13B 562.2M 1.4615 3.55 2B

Drax Group PLC Holding(s) in Company (4151Z)

17/05/2019 10:53am

UK Regulatory


TIDMDRX TIDMSDR

RNS Number : 4151Z

Drax Group PLC

17 May 2019

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                             Drax Group plc 
  underlying issuer of existing shares 
  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) : Type 1 & Type 3 Disclosure as per                                         X 
  the Transparency Directive II Regulation 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                                           Schroders plc 
 City and country of registered office                                           London, UK 
  (if applicable) 
 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                                              15.05.2019 
  crossed or reached(vi) : 
                                                          -------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):                                  16.05.2019 
                                                          -------------------------------------------------------- 
 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                             10.112%                 0.015%            10.128%          394,110,381 
                                 -----------------------  -------------------  ---------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                            10.226%                 0.015%            10.241% 
                                 -----------------------  -------------------  ---------------  ------------------ 
 
 
 
  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                                  39,854,204                                                      10.112% 
                    --------------------  ---------------------  -------------------------------------  ----------------------- 
 
 
  SUBTOTAL 8. A                      39,854,204                                              10.112% 
                    -------------------------------------------  -------------------------------------------------------------- 
 
  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              rights that may 
  instrument                               Period(xi)              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) 
                   ---------------------  ---------------------  ----------------  ------------------- 
        CFD                 N/A                    N/A                 CASH               60,842                 0.015% 
                   ---------------------  ---------------------  ----------------  ------------------- 
 
 
                                                                  SUBTOTAL 8.B.2          60,842                 0.015% 
                                                                 ----------------  ------------------- 
 
 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                   Total of both 
                                   if it equals or                    rights                       if it equals 
                                 is higher than the                   through                      or is higher 
                                notifiable threshold                 financial                 than the notifiable 
                                                                  instruments if                    threshold 
                                                                        it 
                                                                   equals or is 
                                                                      higher 
                                                                     than the 
                                                                    notifiable 
                                                                     threshold 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 Schroders plc 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 Schroder 
 Administration 
 Limited 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 Schroder Wealth 
 Holdings 
 Limited 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 Schroder & Co. 
 Limited 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 
 Schroders plc 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 Schroder 
 Administration 
 Limited 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 Schroder 
 International 
 Holdings Limited 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 Schroder 
  Investment 
  Management 
  Limited                              9.917%                           N/A                          9.917% 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 Schroder 
  Investment 
  Management 
  Limited 
  North America 
  Limited 
                    -------------------------------------------  ----------------  ------------------------------------------ 
 
 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 information(xvi) 
 This disclosure is being made due to a legal entity, Schroder Investment 
  Management Limited ,crossing back below the 10% threshold. 
 
 
 
 Place of completion   London 
 Date of completion    16.05.2019 
                      ----------- 
 

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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May 17, 2019 05:53 ET (09:53 GMT)

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