Holding(s) in Company

RNS Number : 6629T

Drax Group PLC

10 June 2009

 



10 June 2009

Drax Group plc

(Symbol: DRX)

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

X

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:

AXA S.A, 25 Avenue Matignon, 75008 Paris and its group of companies

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

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

08/06/2009

6. Date on which issuer notified:

09/06/2009

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

Passed below 11%

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

GB00B1VNSX38

38,662,495

38,662,495

1,607,000

1,607,000

34,718,648

0.47

10.23

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

36,325,648

10.70

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

Name of the Company / Fund Number of Shares % of issued share capital Alliance Capital Management (Direct) 689,400 0.20312 AXA (Direct) 667,329 0.19662 AXA Financial, Inc (Indirect) 34,557,864 10.18208 AXA IM UK (Direct) 12,432 0.00366 AXA IM UK (Indirect) 1,298 0.000382441 AXA Rosenberg (Direct) 56,047 0.02 AXA Rosenberg (Indirect) 159,486 0.046990714 AXA Winterthur (Direct)     181,792 0.053562921 Total Direct 1,607,000 0.47348 Total Indirect 34,718,648 10.22945 TOTAL     36,325,648 10.70293

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:

[phone]

 

END

 

 

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