Monday 29 June, 2009
Drax Group Plc
Holding(s) in Company
RNS Number : 7261U Drax Group PLC 29 June 2009
29 June 2009
Drax Group plc
(Symbol: DRX)
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are attached:
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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
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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.
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
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An event changing the breakdown of voting rights
(Total voting rights changed due to placing of new shares.)
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Yes
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Other (please specify):
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3. Full name of person(s) subject to the notification obligation:
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Legal & General Group Plc (L&G)
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4. Full name of shareholder(s)
(if different from 3.):
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Legal & General Assurance (Pensions Management) Limited (PMC)
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5. Date of the transaction and date on which the threshold is crossed or
reached:
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26 June 2009
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6. Date on which issuer notified:
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29 June 2009
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7. Threshold(s) that is/are crossed or
reached:
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From 4% - 3% (L&G)
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8. Notified details:
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A: Voting rights attached to shares
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Class/type of
shares
if possible using
the ISIN CODE
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Situation previous
to the triggering
transaction
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Resulting situation after the triggering transaction
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Number
of
Shares
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Number
of
Voting
Rights
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Number
of shares
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Number of voting
rights
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% of voting rights
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Direct
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Indirect
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Direct
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Indirect
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ORD
GBP 0.1155172
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15,648,225
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15,648,225
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13,827,458
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13,827,458
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3.78
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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
instrument
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Expiration
date
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Exercise/
Conversion Period
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Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
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% of voting
rights
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial
instrument
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Exercise price
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Expiration date
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Exercise/
Conversion period
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Number of voting rights instrument refers to
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% of voting rights
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Nominal
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Delta
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Total (A+B+C)
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Number of voting rights
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Percentage of voting rights
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13,827,458
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3.78
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9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
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Legal & General Group Plc (Direct and Indirect) (Group)
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Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)
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Legal & General Investment Management Limited (Indirect) (LGIM)
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Legal & General Group Plc (Direct) (L&G) (13,827,458 - 3.78% = LGAS, LGPL & PMC)
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Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (12,762,386 - 3.49% = PMC)
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Legal & General Insurance Holdings Limited (Direct) (LGIH)
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Legal & General Assurance (Pensions Management) Limited (PMC) (12,762,386 - 3.49% = PMC)
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Legal & General Assurance Society Limited (LGAS & LGPL)
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Legal & General Pensions Limited (Direct) (LGPL)
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Proxy Voting:
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10. Name of the proxy holder:
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N/A
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11. Number of voting rights proxy holder will cease
to hold:
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N/A
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12. Date on which proxy holder will cease to hold
voting rights:
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N/A
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13. Additional information:
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Notification using the total voting rights figure of 364,852,890
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14. Contact name:
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Phil White
Assistant Company Secretary
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15. Contact telephone number:
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01757 618381
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This information is provided by RNS
The company news service from the London Stock Exchange END HOLQKLFLKQBZBBD
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