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Pin to quick picksDrax Regulatory News (DRX)

Share Price Information for Drax (DRX)

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Share Price: 492.20
Bid: 487.60
Ask: 488.40
Change: -7.80 (-1.56%)
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Open: 490.60
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Holding(s) in Company

18 Jun 2010 09:00

RNS Number : 8517N
Drax Group PLC
18 June 2010
 



18 June 2010

Drax Group plc

(Symbol:DRX)

 

 

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

 

Drax Group PLC

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

 

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.

 

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify):

 

3. Full name of person(s) subject to the notification obligation:

Legal & General Group Plc (L&G)

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

Legal & General Assurance (Pensions Management) Limited (PMC)

 

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

 

16 June 2010

6. Date on which issuer notified:

17 June 2010

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

 

L&G (From 3% to 4%)

 

8. Notified details:

 

A: Voting rights attached to shares

Class/type of shares

if possible using the 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

% of voting rights

Direct

Indirect

Direct

Indirect

GBP 0.1155172

13,827,458

 

(As on 29/06/2009)

 15,234,929

 15,234,929

4.17%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

 

 

Exercise price

 

Expiration date

 

Exercise/ Conversion period

 

Number of voting rights instrument refers to

 

 

% of voting rights

 

 

 

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 15,234,929

4.17%

 

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)

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)

Legal & General Investment Management Limited (Indirect) (LGIM)

Legal & General Group Plc (Direct) (L&G) ( 15,234,929 - 4.17%= LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) ( 11,606,077 - 3.18%= PMC)

Legal & General Insurance Holdings Limited (Direct) (LGIH)

Legal & General Assurance (Pensions Management) Limited (PMC) ( 11,606,077 - 3.18%= PMC)

Legal & General Assurance Society Limited (LGAS & LGPL)

Legal & General Pensions Limited (Direct) (LGPL)

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Notification using the total voting rights figure of  364,853,890

 

14. Contact name:

Phil White

Assistant Company Secretary

01757 612167

 

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