8 January 2015
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
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
No |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
No |
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An event changing the breakdown of voting rights |
No |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: iii |
Invesco Limited |
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4. Full name of shareholder(s) |
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5. Date of the transaction and date on which the threshold is crossed or |
7 January 2015 |
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6. Date on which issuer notified: |
8 January 2015 |
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7. Threshold(s) that is/are crossed or reached: vi, vii |
26% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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Ordinary 11.55172p Shares
GB00B1VNSX38
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103,110,731 |
103,110,731 |
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105,534,864 |
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26.06% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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105,534,864 |
26.06% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Invesco Asset Management Limited - 99,904,827 Invesco PowerShares Capital Management LLC - 19,552 Invesco Hong Kong Limited - 285,737 Invesco Global Asset Management Ltd - 13,523 Invesco GT Management - 5,311,225
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Proxy Voting: |
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10. Name of the proxy holder: |
Invesco Limited |
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11. Number of voting rights proxy holder will cease to hold: |
n/a |
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12. Date on which proxy holder will cease to hold voting rights: |
n/a |
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13. Additional information: |
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14. Contact name: |
Laura Dobson Assistant Company Secretary |
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15. Contact telephone number: |
01757 612778 |
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