Holding(s) in Company

RNS Number : 6887U

Drax Group PLC

29 June 2009

 



29 June 2009

Drax Group plc

(Symbol: DRX)

TR-1: Notifications of Major Interests in Shares

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):

26/06/2009

6. Date on which issuer notified:

29/06/2009

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

Fallen below 10%

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

35,350,522

35,350,522

1,261,861

1,261,861

34,088,661

0.35

9.34

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

35,350,522

9.69

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) 503,700 0.13806 AXA (Direct) 667,329 0.18290 AXA Financial, Inc (Indirect) 33,939,858 9.30231 AXA IM UK (Direct) 34,785 0.00953 AXA IM UK (Indirect) 1,298 0.000355759 AXA Rosenberg (Direct) 56,047 0.02 AXA Rosenberg (Indirect) 147,505 0.040428512 Total Direct 1,261,861 0.34585 Total Indirect 34,088,661 9.34310 TOTAL     35,350,522 9.68895

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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