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DRX Drax Group Plc

501.40
-1.40 (-0.28%)
28 Mar 2024 - Closed
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
  -1.40 -0.28% 501.40 499.80 500.60 507.40 492.30 492.30 628,805 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 8.13B 562.2M 1.4615 3.42 1.92B

Drax Group PLC Holding(s) in Company (1240C)

14/10/2020 5:29pm

UK Regulatory


TIDMDRX TIDMSDR

RNS Number : 1240C

Drax Group PLC

14 October 2020

TR-1: S tandard 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                                           09.10.2020 
  crossed or reached (vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):                               12.10.2020 
                                                             -------------------------------------------- 
 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                    10.124%                N/A               10.124%          396,928,605 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)                   9.982%                 N/A               9.982% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
      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                                        % of voting rights 
       shares               (ix) 
       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                                                    40,186,173                                                  10.124% 
                          --------------------------  ---------------------------------  -------------------------  -------------------------- 
 
 
  SUBTOTAL 8. A                                     40,186,173                                                  10.124% 
                          -------------------------------------------------------------  ----------------------------------------------------- 
 
      B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
       (DTR5.3.1.1 (a)) 
      Type of financial    Expiration       Exercise/                            Number of voting                    % of voting rights 
       instrument           date             Conversion Period                    rights that may 
                            (x)              (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) 
                   ----------------------  ----------------------  --------------------------  ------------------- 
 
 
 
                                                                    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 it equals or                      through financial                 if it equals 
                                             is higher than the                    instruments if it                 or is higher 
                                            notifiable threshold                  equals or is higher             than the notifiable 
                                                                                  than the notifiable                  threshold 
                                                                                       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                              9.905%                                  N/A                           9.905% 
                                 ----------------------------------------  --------------------------------  --------------------------- 
 
 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) 
 
 
 
 
 Place of completion   London 
 Date of completion    12.10.2020 
                      ----------- 
 

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END

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October 14, 2020 12:29 ET (16:29 GMT)

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