RNS Announcement
12 May 2014
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
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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):
Change in Investment Manager. Proxy voting rights no longer owned by Invesco Limited. No market transaction completed.
x
3. Full name of person(s) subject to the notification obligation: iii
Invesco Limited
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed orreached: v
08 May 2014
6. Date on which issuer notified:
09 May 2014
7. Threshold(s) that is/are crossed or reached: vi, vii
23%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type ofshares
if possible usingthe ISIN CODE
Situation previousto the triggeringtransaction
Resulting situation after the triggering transaction
NumberofShares
NumberofVotingRights
Numberof shares
Number of votingrights
% of voting rights x
Direct
Direct xi
Indirect xii
Indirect
Ordinary
11.55172p Shares
GB00B1VNSX38
90,495,746
93,325,322
23.06%
B: Qualifying Financial Instruments
Type of financialinstrument
Expirationdate xiii
Exercise/Conversion Period xiv
Number of votingrights that may beacquired if theinstrument isexercised/ converted.
% of votingrights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Exercise price
Expiration date xvii
Exercise/Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi
Invesco Fund Managers Limited - 82,304,741
Invesco Asset Management Limited - 9,072,532
Invesco PowerShares Capital Management LLC - 37,204
Invesco Hong Kong Limited - 92,088
Invesco Global Asset Management Ltd - 1,818,757
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
Holding(s) in Company
11:03:43
Holding(s) in company
8316G
