Drax Group PLC Holding(s) in Company (5092B)
02 June 2023 - 07:55PM
UK Regulatory (RNS & others)
TIDMDRX TIDM84JL
RNS Number : 5092B
Drax Group PLC
02 June 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
Full name of shareholder(s) if different from the person(s)
subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
31-May-2023
6. Date on which Issuer notified
01-Jun-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 2.742622 6.393323 9.135945 36500339
====================== ====================== ====================== ======================
Position of
previous
notification (if
applicable) 2.338218 6.457988 8.796206
====================== ====================== ====================== ======================
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 10957447 2.742622
====================== ====================== ====================== ======================
Sub Total 8.A 10957447 2.742622%
============================================== ==============================================
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 213083 0.053334
================ ========================== ======================== ==================
Sub Total 8.B1 213083 0.053334%
======================== ==================
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 862397 0.215856
================ ==================== ================== ================== ==================
Swaps 15/02/2028 N/A Cash 138966 0.034783
================ ==================== ================== ================== ==================
Swaps 01/03/2024 N/A Cash 4179450 1.046106
================ ==================== ================== ================== ==================
Swaps 18/03/2026 N/A Cash 1 0.000000
================ ==================== ================== ================== ==================
Swaps 30/08/2024 N/A Cash 37806 0.009463
================ ==================== ================== ================== ==================
Swaps 15/02/2024 N/A Cash 38275 0.009580
================ ==================== ================== ================== ==================
Swaps 17/04/2028 N/A Cash 1104 0.000276
================ ==================== ================== ================== ==================
Swaps 29/11/2024 N/A Cash 90787 0.022724
================ ==================== ================== ================== ==================
Swaps 21/07/2023 N/A Cash 6594046 1.650473
================ ==================== ================== ================== ==================
Swaps 04/09/2023 N/A Cash 3953052 0.989439
================ ==================== ================== ================== ==================
Swaps 19/07/2023 N/A Cash 1123144 0.281120
================ ==================== ================== ================== ==================
Swaps 23/10/2024 N/A Cash 822620 0.205900
================ ==================== ================== ================== ==================
Swaps 08/09/2025 N/A Cash 43728 0.010945
================ ==================== ================== ================== ==================
Swaps 02/08/2023 N/A Cash 1195385 0.299202
================ ==================== ================== ================== ==================
Swaps 30/01/2024 N/A Cash 581582 0.145569
================ ==================== ================== ================== ==================
Swaps 31/01/2024 N/A Cash 80368 0.020116
================ ==================== ================== ================== ==================
Swaps 02/07/2024 N/A Cash 13853 0.003467
================ ==================== ================== ================== ==================
Swaps 24/01/2025 N/A Cash 817266 0.204560
================ ==================== ================== ================== ==================
Swaps 07/11/2025 N/A Cash 365527 0.091491
================ ==================== ================== ================== ==================
Swaps 06/03/2026 N/A Cash 239346 0.059908
================ ==================== ================== ================== ==================
Swaps 18/09/2023 N/A Cash 606000 0.151680
================ ==================== ================== ================== ==================
Swaps 29/04/2024 N/A Cash 626415 0.156790
================ ==================== ================== ================== ==================
Swaps 17/05/2024 N/A Cash 2612945 0.654014
================ ==================== ================== ================== ==================
Swaps 24/06/2024 N/A Cash 10034 0.002511
================ ==================== ================== ================== ==================
Swaps 26/05/2026 N/A Cash 191362 0.047897
================ ==================== ================== ================== ==================
Swaps 29/09/2023 N/A Cash 38768 0.009704
================ ==================== ================== ================== ==================
Swaps 07/06/2023 N/A Cash 65582 0.016415
================ ==================== ================== ================== ==================
Sub Total 8.B2 25329809 6.339989%
================== ==================
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 higher through financial equals or is higher
than the notifiable instruments if it than the notifiable
threshold equals or is higher threshold
than the notifiable
threshold
Bank of America Bank of America, NA
Corporation
======================= ====================== ===================== =====================
Bank of America BofA Securities
Corporation Europe, SA
======================= ====================== ===================== =====================
Bank of America Managed Account
Corporation Advisors, LLC
======================= ====================== ===================== =====================
Bank of America
Corporation Merrill Lynch International 3.391673 6.132430%
=============================================== ===================== =====================
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
01-Jun-2023
13. Place Of Completion
United Kingdom
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END
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