Holding(s) in Company

RNS Number : 8795H

Drax Group PLC

01 March 2010

 



1 March 2010 DRAX GROUP PLC (Symbol: DRX)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

Drax Group plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

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 the notification obligation: i

Invesco Limited

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

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

26 February 2010

6. Date on which issuer notified:

01 March 2010

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

29%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the 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

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary 11.55172p Shares

105,724,284

105,724,284

108,072,751

29.62%

GB00B1VNSX38

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise / Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

108,072,751

29.62%

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

ABN Amro Bank - 260,775 Brown Brothers Harriman, New Jersey - 77,900 Bank of Ireland, Dublin - 414,724 Bank of New York - 89,997,603 Banque Paribas, Frankfurt - 166,583 Bank of New York, London - 367,399 Boston Safe Deposit - 146,692 Credit Agricole Indosuez, Luxembourg - 83,105 Chase Bank, Hong Kong - 127,383 JP Morgan Chase - 258,128 Chase, Frankfurt - 55,026 Citibank - 254,899 SG Private Banking - 88,524 Erste Group Bank AG (Austria) - 19,906 HSBC Bank plc, London - 1,389,776 Japan Trustee Services Bank - 12,661 Landersbank Hessen-Thuringen Girozentrale - 24,422 Mellon Bank Pittsburgh - 636,923 B.Metzler seel.Sohn & Co. KG, Frankfurt - 30,608 Morgan Stanley, London - 13,221 National Cutody Services Aus - 66,752 State Street Trust & Banking Co, London - 12,034,095 Trust & Custody Services JP - 76,059 Northern Trust Company, London - 1,459,589 Vorarlberger Landes-und Hypothekenbk Akti - 999 Invesco PowerShares Capital Management Ireland - 2,380 Invesco PowerShares Capital Management LLC Limited - 6,619

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:

Phil White Assistant Company Secretary

15. Contact telephone number:

01757 612167

 

END

 

 

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