REG - Drax Group Plc Deutsche Bank AG - Holding(s) in Company <Origin Href="QuoteRef">DBKGn.DE</Origin> <Origin Href="QuoteRef">DRX.L</Origin>
RNS Number : 4882VDrax Group PLC18 April 201618 April 2016
Drax Group plc
(Symbol:DRX)
NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:ii
Drax Group plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
X
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
X
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:iii
Deutsche Bank AG
4. Full name of shareholder(s)
(if different from 3.):ivDeutsche Bank AG, London Branch
Deutsche Bank Securities Inc.
5. Date of the transaction and date on which the threshold is crossed or
reached:v13 April 2016
6. Date on which issuer notified:
15 April 2016
7. Threshold(s) that is/are crossed or reached: vi, vii
Below 6%
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares
if possible using
the ISIN CODESituation previous
to the triggering
transactionResulting situation after the triggering transaction
Number
of
SharesNumber
of
Voting
RightsNumber
of sharesNumber of voting
rights% of voting rights x
Direct
Direct xi
Indirect xii
Direct
Indirect
Ordinary
11.55172p Shares
GB00B1VNSX38
14,152,303
14,152,303
12,209,927
12,209,927
0
3.00%
0
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrumentExpiration
date xiiiExercise/
Conversion Period xivNumber of voting
rights that may be
acquired if the
instrument is
exercised/ converted.% of voting
rightsRight to Recall
1,258,733
0.31%
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrumentExercise price
Expiration date xvii
Exercise/
Conversion period xviiiNumber of voting rights instrument refers to
% of voting rights xix, xx
Swaps
24-Jul-17
10,293,378
Nominal
Delta
2.53%
2.53%
Total (A+B+C)
Number of voting rights
Percentage of voting rights
23,762,038
5.84%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxiDeutsche Bank AG, London Branch - 5.54%
Deutsche Bank Securities Inc. - 0.30%
Proxy Voting:
10. Name of the 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:
14. Contact name:
Phil White
Deputy Company Secretary
15. Contact telephone number:
01757 612167
This information is provided by RNSThe company news service from the London Stock ExchangeENDHOLKVLBFQZFBBBL
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