28 May 2009
Drax Group plc
(Symbol: DRX)
TR-1: Notifications of Major Interests in Shares |
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1. Identity of the issuer or the underlying issuer of existing |
Drax Group plc |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to notification obligation: |
AXA S.A, 25 Avenue Matignon, 75008 Paris and its group of companies
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4. Full name of shareholder(s) (if different from 3): |
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
26/05/2009
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6. Date on which issuer notified: |
27/05/2009
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7. Threshold(s) that is/are crossed or reached: |
11%
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8. Notified Details
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A: Voting rights attached to shares |
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Class/type of shares If possible use ISIN code |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Number of shares |
Number of voting rights |
Percentage of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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GB00B1VNSX38 |
39,357,615 |
39,357,615 |
1,866,000 |
1,866,000 |
37,108,115 |
0.55 |
1.93 |
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B: Financial Instruments |
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Resulting situation after the triggering transaction |
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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 |
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Total (A+B) |
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Number of voting rights |
Percentage of voting rights |
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38,974,115 |
11.48 |
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9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
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Proxy Voting: |
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10. Name of proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
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14. Contact name: |
Philip Hudson -Company Secretary |
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15. Contact telephone name: |
+44 (0) 1757 618381 |