Holding(s) in Company

RNS Number : 7183N
Drax Group PLC
10 May 2018
 

10 May 2018

Drax Group plc

(Symbol:DRX)

 

NOTIFICATION OF MAJOR INTEREST IN SHARES

 

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

Drax Group plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer


2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights


An acquisition or disposal of financial instruments


An event changing the breakdown of voting rights


Other (please specify)iii: Type 1 Disclosure as per the Transparency Directive II Regulation.

X

3. Details of person subject to the notification obligationiv

Name

Schroders plc

City and country of registered office (if applicable)

London, UK

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

Name


City and country of registered office (if applicable)


5. Date on which the threshold was crossed or reachedvi:

09.05.2018

6. Date on which issuer notified (DD/MM/YYYY):

10.05.2018

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 of issuervii

Resulting situation on the date on which threshold was crossed or reached

15.001%

N/A

15.001%

405,945,988

Position of previous notification (if

applicable)

14.993%

N/A

14.993%


 

 

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

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00B1VNSX38


60,895,267


15.001%











SUBTOTAL 8. A

60,895,267

15.001%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights


















SUBTOTAL 8. B 1



 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights






















SUBTOTAL 8.B.2



 

 

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii


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 entity
xiv (please add additional rows as necessary)

X

Namexv

% 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




Schroder Administration Limited




Schroder Wealth Holdings Limited




Schroder & Co. Limited








Schroders plc




Schroder Administration Limited




Schroder International Holdings Limited




Schroder Investment Management Limited

14.751%

N/A

14.751%


10. In case of proxy voting, please identify:

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:

 

Place of completion

London

Date of completion

10.05.2018

Contact name:

Laura Dobson

Deputy Company Secretary (Drax Group plc)

Contact telephone number:

01757 612778

 

 


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