Drax Group PLC
27 March 2008
27 March 2008
DRAX GROUP PLC
('Drax' or the 'Company')
Symbol: DRX
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Name of Issuer
Drax Group plc
2. Reason for notification
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation
Legal & General Group Plc (L&G)
4. Full name of the shareholder(s) (if different from 3 above)
Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the Transaction
26 March 2008
6. Date on which issuer notified
27 March 2008
7. Threshold(s) that is /are crossed or reached
From 5% to 6% (L&G)
8. Notified Details
(A) Voting Rights Attached to shares
Number of Voting Rights (Direct) - 20,535,862
% of Voting Rights (Direct) - 6.05%
(B) Financial Instruments
-
Total (A)+(B)
Total number of Voting Rights - 20,535,862
Total % of Voting Rights - 6.05%
9. Chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held
Legal & General Group Plc (Direct and Indirect) (Group) - (22,889,658 - 6.74% =
Total Position)
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and
Indirect) - (22,889,658 - 6.74% = Total Position)
Legal & General Investment Management Limited (Indirect) (LGIM) - 22,889,658 -
6.74% = Total Position)
Legal & General Group Plc (Direct) (L&G) (20,535,862 - 6.05% = LGAS, LGPL & PMC)
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)
(13,485,365 - 3.97% = PMC)
Legal & General Insurance Holdings Limited (Direct) (LGIH)
Legal & General Assurance (Pensions Management) Limited (PMC) (13,485,365 -
3.97% = PMC)
Legal & General Assurance Society Limited (LGAS & LGPL)
Legal & General Pensions Limited (Direct) (LGPL)
Proxy Voting
10. Name of Proxy holder
N/A
11. Number of voting rights proxy holder will cease to hold
N/A
12. Date on which proxy holder will cease to hold voting rights
N/A
13. Any additional information
This notification is based on shares in issue and voting rights attached
thereto of 339,397,000 ordinary shares of 11 16/29 pence each.
14. Name of contact and telephone number for queries
Phil White (01757 612167)
15. Name and signature of authorised company official responsible for making
this notification
Philip Hudson, Company Secretary
--- ENDS ---
This information is provided by RNS
The company news service from the London Stock Exchange
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