Drax Group PLC Holding(s) in Company (8787I)
22 June 2017 - 8:04PM
UK Regulatory
TIDMDRX
RNS Number : 8787I
Drax Group PLC
22 June 2017
22 June 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
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
---------------------------------------------------------- ----------------------------
An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
---------------------------------------------------------- ----------------------------
An event changing the breakdown of voting rights
---------------------------------------------------------- ----------------------------
Other (please specify):
-------------------------------------------------------- ----------------------------
3. Full name of person(s) subject to Artemis Investment
the notification obligation: (iii) Management LLP
on behalf of discretionary
funds under management
--------------------------------------------------------- -----------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
--------------------------------------------------------- -----------------------------
5. Date of the transaction and date 20 June 2017
on which the threshold is crossed or
reached: (v)
--------------------------------------------------------- -----------------------------
6. Date on which issuer notified: 21 June 2017
--------------------------------------------------------- -----------------------------
7. Threshold(s) that is/are crossed
or reached: (vi, vii) 5%
--------------------------------------------------------- -----------------------------
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 shares voting rights (x)
Shares Voting rights
Rights
-------------- -------------------------- ---------------- ------------- ---------------------- -----------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
-------------- --------- ----------- ------------ ------------- --------- ----------- ---------- -----------
GB00B1VNSX38 20,394,492 20,394,492 20,329,815 0 20,329,815 0% 4.99%
-------------------------- ---------------- ------------- --------- ----------- ---------- -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(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
-------------------------------------------------------------- ------------------------------------------------------------
20,329,815 4.99%
-------------------------------------------------------------- ------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-----------------------------------------------------------------------------------------
Proxy Voting:
-----------------------------------------------------------------------------------------
10. Name of the proxy holder:
------------------------------------------------------------- --------------------------
11. Number of voting rights proxy
holder will cease to hold:
------------------------------------------------------------- --------------------------
12. Date on which proxy holder will
cease to hold voting rights:
------------------------------------------------------------- --------------------------
13. Additional information:
------------------------------------------------------------- --------------------------
14. Contact name: Laura Dobson
Deputy Company Secretary
------------------------------------------------------------- --------------------------
15. Contact telephone number: 01757 612778
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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