Holding(s) in Company

RNS Number : 7624P
Drax Group PLC
22 February 2016
 

22 February 2016

 

Drax Group plc

(Symbol:DRX)

 

NOTIFICATION OF MAJOR INTEREST IN SHARES

 

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

 

Drax Group plc

 

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

 

An acquisition or disposal of voting rights


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

X

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: iii

 

The Goldman Sachs Group, Inc.

 

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

 

Goldman, Sachs & Co.

Goldman Sachs International

Goldman Sachs Asset Management, L.P.

 

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

17 February 2016

6. Date on which issuer notified:

 

19 February 2016

 

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

 

Below 4%

 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B1VNSX38

 

97,419

97,419



266,591


0.07%

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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

% of voting
rights

Stock Loan (Physical)

 

(Open)


15,418,523

3.79%

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 






Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

15,685,114

3.86%

 

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

 

The Goldman Sachs Group, Inc.; 15,685,114 shares; 3.86%

 

The Goldman, Sachs & Co. L.L.C. (Controlled by The Goldman Sachs Group, Inc.)

Goldman, Sachs & Co. (Controlled by The Goldman, Sachs & Co. L.L.C.)

 

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.): 12,975,066 shares: 3.19%

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.) 12,975,066 shares: 3.19%

Goldman Sachs International (Controlled by Goldman Sachs Group UK Limited) 12,975,066 shares: 3.19%

 

Goldman Sachs Asset Management, L.P. (Controlled by The Goldman Sachs Group, Inc.)

 


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:


14. Contact name:

Phil White

Deputy Company Secretary

15. Contact telephone number:

01757 612167

 


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