Holding(s) in Company

RNS Number : 7060C
Drax Group PLC
18 November 2009
 



18 November 2009

Drax Group plc

(Symbol: DRX)


TR-1: NOTIFICATION OF MAJOR INTEREST 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 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

(Total voting rights changed due to placing of new shares.)



Other (please specify):

 



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

Barclays Global Investors

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

Barclays Global Fund Advisors

Barclays Global Investors Ltd

Barclays Global Investors, N.A.


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

 

17 November 2009

6. Date on which issuer notified:

18 November 2009

 

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

 

From 3% to 4%

  

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

Indirect

Direct

Indirect

Ordinary Shares of 

11 16 / 29 pence each


GB00B1VNSX38

12,754,956

12,754,956

13,129,912

0

13,129,912

0.00

3.60

 

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 

 

 

 

 

 


1,476,116

 


0.40

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights


14,606,028

 

4.00

 

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


Barclays Global Fund Advisors

Barclays Global Investors Ltd

Barclays Global Investors, N.A.

 

Proxy Voting:

 

10. Name of the 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. Additional information:

Notification using the total voting rights figure of  364,853,890

 

14. Contact name:

Phil White

Assistant Company Secretary

 

15. Contact telephone number:

01757 618381



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