28th Nov 2007 14:42
Drax Group PLC28 November 2007 28 November 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 and change in issued share capital 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) Boltro Nominees LtdLloyds Bank (PEP) Nominees LtdState Street Nominees Ltd 5. Date of the Transaction 27 November 2007 6. Date on which issuer notified 28 November 2007 7. Threshold(s) that is /are crossed or reached Fallen below 4% 8. Notified Details (A) Voting Rights Attached to sharesNumber of Voting Rights (Indirect) - 13,335,587% of Voting Rights (Indirect) - 3.915% (B) Financial Instruments- Total (A)+(B)Total number of Voting Rights - 13,335,587Total % of Voting Rights - 3.915% 9. Chain of controlled undertakings through which the voting rights and/orthe financial instruments are effectively held 2,260 Shares are held by Boltro Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc. 11,433 Shares are held by Lloyds Bank (Pep) Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc. 13,321,894 Shares are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly ownedsubsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds TSB Group Plc. 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 The previous notification made by Lloyds TSB Group Plc in respect of its holdingin Drax was on 1 November 2007, at which point, the disclosable interest andvoting rights represented 4.845% of the then issued share capital This notification is based on shares in issue and voting rights attached theretoof 340,604,804 ordinary shares of 11 16/29 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 Philip Hudson, Company Secretary --- ENDS --- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DraxLloyds