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

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