1st Mar 2007 14:12
Drax Group PLC01 March 2007 01 MARCH 2007 DRAX GROUP PLC ("Drax" or the "Company") Symbol: DRX NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of Issuer Drax Group plc 2. Reason for notification An acquisition or disposal of voting rights 3. Full name of person(s) subject to the notification obligation Lloyds TSB Group plc 4. Full name of the shareholder(s) (if different from 3 above) - 5. Date of the Transaction 28 February 2007 6. Date on which issuer notified 01 March 2007 7. Threshold(s) that is /are crossed or reached Fallen Below 5% 8. Notified Details (A) Voting Rights Attached to sharesNumber of Voting Rights (Direct) - 18,047,027% of Voting Rights (Direct) - 4.892% Number of Voting rights (Indirect) - 10,869% of Voting Rights (Indirect) - 0.003% (B) Financial Instruments - Total (A)+(B)Total number of Voting Rights - 18,057,896Total % of Voting Rights - 4.895% 9. Chain of controlled undertakings through which the voting rights and/orthe financial instruments are effectively held- Proxy Voting 10. Name of 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. Any additional information This is the first disclosure made on behalf of Lloyds TSB Group plc since theimplementation of the Disclosure and Transparency rules in the UK The previous notification made by Lloyds TSB Group plc in respect of its holdingin Drax was on 08 January 2007 (pre implementation of the Disclosure andTransparency rules), at which point, the disclosable interest was 11,206,833shares representing 3.038% of the issued share capital All figures are based on shares in issue and voting rights attached thereto of368,921,151 ordinary shares of 11 1/29 pence each. 14. Name of contact and telephone number for queries Phil White (01757 612167) 15. Name and signature of authorised company official responsible for makingthis notification Peter Rothwell, Company Secretary ---ENDS--- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DraxLloyds