Holding(s) in Company

RNS Number : 8271U

Drax Group PLC

08 April 2021

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B1VNSX38

Issuer Name

DRAX GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Schroders Plc

City of registered office (if applicable)

London Wall, Barbican

Country of registered office (if applicable)

England

4. Details of the shareholder

Is the shareholder the same as the person subject to the notification obligation, above?

Yes

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

31-Mar-2021

6. Date on which Issuer notified

01-Apr-2021

7. Total positions of person(s) subject to the notification obligation

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	14.307000	0.001000	14.308000	56931979
Position of previous notification (if applicable)	14.529%	0.001%	14.530%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

CLASS/TYPE OF SHARES ISIN CODE(IF POSSIBLE)	NUMBER OF DIRECT VOTING RIGHTS (DTR5.1)	NUMBER OF INDIRECT VOTING RIGHTS (DTR5.2.1)	% OF DIRECT VOTING RIGHTS (DTR5.1)	% OF INDIRECT VOTING RIGHTS (DTR5.2.1)
GB00B1VNSX38		56927218		14.307000
Sub Total 8.A	56927218		14.307000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

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
CFD	N/A	N/A	4761	0.001000
Sub Total 8.B1			4761	0.001000%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

TYPE OF FINANCIAL INSTRUMENT	EXPIRATION DATE	EXERCISE/CONVERSION PERIOD	PHYSICAL OR CASH SETTLEMENT	NUMBER OF VOTING RIGHTS	% OF VOTING RIGHTS
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate Controlling Person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Schroders plc				0.000000
	Schroder Administration Limited			0.000000
	Schroder Wealth Holdings Limited			0.000000
	Schroder & Co. Limited			0.000000
Schroders plc				0.000000
	Schroder Administration Limited			0.000000
	Schroder Wealth International Holdings Limited			0.000000
	Schroders (C.I.) Limited			0.000000
Schroders plc				0.000000
	Schroder Administration Limited			0.000000
	Schroder International Holdings Limited			0.000000
	Schroder Investment Management Limited	13.845000	0.001000	13.846000
Schroders plc				0.000000
	Schroder Administration Limited			0.000000
	Schroder International Holdings Limited			0.000000
	Schroder Investment Management Limited			0.000000
	Schroder Investment Management North America Limited			0.000000
Schroders plc				0.000000
	Schroder Administration Limited			0.000000
	Schroder International Holdings Limited			0.000000
	Schroder Wealth Management (US) Limited			0.000000

10. In case of proxy voting

Is there proxy voting?

No

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

This disclosure is being made due to a legal entity, Schroder Investment Management Limited, crossing below the 14% threshold.

12. Date of Completion

01-Apr-2021

13. Place Of Completion

London

 

END

 

 

HOLKVLBBFZLBBBQ