![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
79.00 | 13.95% | 645.50 | 641.00 | 645.00 | 657.50 | 614.50 | 619.50 | 3,698,728 | 16:35:09 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electric Services | 8.13B | 562.2M | 1.4537 | 4.44 | 2.19B |
TIDMDRX TIDM51DV
RNS Number : 1094V
Drax Group PLC
29 November 2023
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00B1VNSX38
Issuer Name
DRAX GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Bank of America Corporation
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
Name City of registered office Country of registered office Merrill Lynch International London United Kingdom =========================== ==============================
5. Date on which the threshold was crossed or reached
27-Nov-2023
6. Date on which Issuer notified
28-Nov-2023
7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights Total of both in % Total number of attached to shares through financial (8.A + 8.B) voting rights held (total of 8.A) instruments (total in issuer of 8.B 1 + 8.B 2) Resulting situation on the date on which threshold was crossed or reached 3.687804 8.327775 12.015579 46208906 ====================== ====================== ====================== ====================== Position of previous notification (if applicable) 3.625553 8.338513 11.964066 ====================== ====================== ====================== ======================
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares Number of direct Number of indirect % of direct voting % of indirect voting ISIN code(if possible) voting rights (DTR5.1) voting rights rights (DTR5.1) rights (DTR5.2.1) (DTR5.2.1) GB00B1VNSX38 14182369 3.687804 ====================== ====================== ====================== ====================== Sub Total 8.A 14182369 3.687804% ============================================== ==============================================
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial Expiration date Exercise/conversion period Number of voting rights % of voting rights instrument that may be acquired if the instrument is exercised/converted Right to Recall N/A N/A 379743 0.098744 ================ ========================== ======================== ================== Physical Swap 16/05/2024 N/A 6770466 1.760506 ================ ========================== ======================== ================== Physical Swap 15/05/2024 N/A 1971918 0.512753 ================ ========================== ======================== ================== Sub Total 8.B1 9122127 2.372003% ======================== ==================
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial Expiration date Exercise/conversion Physical or cash Number of voting % of voting rights instrument period settlement rights Swaps 31/07/2024 N/A Cash 199540 0.051886 ================ ==================== ================== ================== ================== Swaps 01/03/2024 N/A Cash 4000000 1.040109 ================ ==================== ================== ================== ================== Swaps 30/08/2024 N/A Cash 1609529 0.418522 ================ ==================== ================== ================== ================== Swaps 08/09/2025 N/A Cash 43728 0.011370 ================ ==================== ================== ================== ================== Swaps 07/11/2025 N/A Cash 1248443 0.324629 ================ ==================== ================== ================== ================== Swaps 29/04/2024 N/A Cash 14521 0.003776 ================ ==================== ================== ================== ================== Swaps 17/05/2024 N/A Cash 3946322 1.026152 ================ ==================== ================== ================== ================== Swaps 26/05/2026 N/A Cash 2316544 0.602365 ================ ==================== ================== ================== ================== Swaps 28/06/2024 N/A Cash 230701 0.059989 ================ ==================== ================== ================== ================== Swaps 18/11/2024 N/A Cash 561152 0.145915 ================ ==================== ================== ================== ================== Swaps 24/04/2024 N/A Cash 13023 0.003386 ================ ==================== ================== ================== ================== Swaps 02/07/2024 N/A Cash 12100 0.003146 ================ ==================== ================== ================== ================== Swaps 23/10/2024 N/A Cash 1004939 0.261312 ================ ==================== ================== ================== ================== Swaps 18/04/2024 N/A Cash 5804998 1.509458 ================ ==================== ================== ================== ================== Swaps 15/02/2028 N/A Cash 822942 0.213987 ================ ==================== ================== ================== ================== Swaps 21/10/2024 N/A Cash 349141 0.090786 ================ ==================== ================== ================== ================== Swaps 30/09/2024 N/A Cash 498991 0.129751 ================ ==================== ================== ================== ================== Swaps 15/02/2024 N/A Cash 43391 0.011283 ================ ==================== ================== ================== ================== Swaps 31/10/2024 N/A Cash 55504 0.014433 ================ ==================== ================== ================== ================== Swaps 29/11/2024 N/A Cash 119465 0.031064 ================ ==================== ================== ================== ================== Swaps 27/05/2025 N/A Cash 4597 0.001195 ================ ==================== ================== ================== ================== Swaps 12/06/2025 N/A Cash 4839 0.001258 ================ ==================== ================== ================== ================== Sub Total 8.B2 22904410 5.955772% ================== ==================
9. Information in relation to the person subject to the notification obligation
2. 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 entities (please add additional rows as necessary)
Ultimate controlling Name of controlled % of voting rights if % of voting rights Total of both if it person undertaking it equals or is through financial equals or is higher higher than the instruments if it than the notifiable notifiable threshold equals or is higher threshold than the notifiable threshold Bank of America, Bank of America National Corporation Association 3.948122 3.948122% ======================= ===================== ===================== ====================== Bank of America BofA Securities Corporation Europe, SA ======================= ===================== ===================== ====================== Bank of America Managed Account Corporation Advisors, LLC ======================= ===================== ===================== ====================== Bank of America Merrill Lynch Corporation International 3.682925 4.375868 8.058793% ======================= ===================== ===================== ======================
10. In case of proxy voting
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
12. Date of Completion
28-Nov-2023
13. Place Of Completion
United Kingdom
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
HOLEKLFLXFLLFBE
(END) Dow Jones Newswires
November 29, 2023 10:28 ET (15:28 GMT)
1 Year Drax Chart |
1 Month Drax Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions