Holding(s) in Company

RNS Number : 9502D

Drax Group PLC

22 September 2008

 



TR-1: Notifications of Major Interests in Shares

1. 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

Yes

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:

Legal & General Group Plc (Group) Legal & General Investment Management Limited (LGIM)

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

Legal & General Assurance (Pensions Management) Limited (PMC) Legal & General Group Plc (L&G)

5. Date of transaction (and date on which the threshold is crossed or reached if different):

18 September 2008

6. Date on which issuer notified:

19 September 2008

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

Below 5% (Group) Below 5% (LGIM)

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

ORD GBP 0.1155172

18,228,767

18,228,767

Below 5%

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

Below 5%

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

Legal & General Group Plc (Direct and Indirect) (Group) (Below 5%)  Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (Below 5%) Legal & General Investment Management Limited (Indirect) (LGIM) (Below 5%) Legal & General Group Plc (Direct) (L&G) (15,648,225 - 4.61 % = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (13,029,728 - 3.83 % = PMC)   Legal & General Insurance Holdings Limited (Direct) (LGIH)  Legal & General Assurance (Pensions Management) Limited (PMC) (13,029,728 - 3.83 % = PMC)   Legal & General Assurance Society Limited (LGAS & LGPL)  Legal & General Pensions Limited (Direct) (LGPL)

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:	Notification using the total voting rights figure of 339,397,000
14 Contact name:	Phil White - Assistant Company Secretary
15. Contact telephone name:	[phone]

 

END

 

 

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