Holding(s) in Company

RNS Number : 6182X
Drax Group PLC
26 June 2008
 



TR-1: Notifications of Major Interests in Shares



1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Drax Group Plc


2. Reason for notification (yes/no)


An acquisition or disposal of voting rights

Yes


An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 



An event changing the breakdown of voting rights



Other (please specify): 



3. Full name of person(s) subject to notification obligation:

Lloyds TSB Group Plc


4. Full name of shareholder(s) (if different from 3):

Boltro Nominees Ltd

Lloyds Bank (PEP) Nominees Ltd

State Street Nominees Ltd


5. Date of transaction (and date on which the threshold is crossed or reached if different):

25th June 2008


6. Date on which issuer notified:

26th June 2008


7. Threshold(s) that is/are crossed or reached:

Fallen Below 4%


8: Notified Details

A: Voting rights attached to shares


Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights


Direct


Indirect


Direct


Indirect

B1VNSX3 

Ord

GBP0.1155172

13,597,817

13,597,817

13,418,045


13,418,045


3.953




B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights









Total (A+B)


Number of voting rights

Percentage of voting rights

13,418,045

3.953


9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:


4,377 Shares are held by Boltro Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.


7,464 Shares are held by Lloyds Bank (Pep) Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc. 


13,406,204 Shares are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds TSB Group Plc.



Proxy Voting:


10. Name of 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:


Phil White - Assistant Company Secretary

15. Contact telephone name:


+44 (0) 1757 618381



This information is provided by RNS
The company news service from the London Stock Exchange
 
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