15th Feb 2007 15:02
Drax Group PLC15 February 2007 15 FEBRUARY 2007 Legal & General Group plc has today provided the following information inrespect of the Disclosure and Transitional Rules Provisions which apply to Rule5.8.3R 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 "Starting point" declaration under the DTR Source Book 3. Full name of person(s) subject to the notification obligation Legal & General Group plc (L&G) 4. Full name of the shareholder(s) (if different from 3 above) - 5. Date of the Transaction - 6. Date on which issuer notified 15 February 2007 7. Threshold(s) that is /are crossed or reached Above 3% 8. Notified Details (A) Voting Rights Attached to sharesNumber of Voting Rights (Direct) - 12,904,409% of Voting Rights (Direct) - 3.49% (B) Financial Instruments -Total (A)+(B)Total number of Voting Rights - 12,904,409Total % of Voting Rights - 3.49% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held Legal & General Group Plc (Direct and Indirect) (Group)Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct andIndirect)Legal & General Investment Management Limited (Indirect) (LGIM)Legal & General Group Plc (Direct) (L&G) (12,904,409-3.49% = LGAS, LGPL & PMC)Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)Legal & General Insurance Holdings Limited (Direct) (LGIH)Legal & General Assurance (Pensions Management) Limited (PMC)Legal & General Assurance Society Limited (LGAS & LGPL)Legal & General Pensions Limited (Direct) (LGPL) 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 L&G since the implementation ofthe Disclosure and Transparency rules in the UK The previous notification made by L&G in respect of its holding in Drax was on28 August 2006, at which point, the disclosable interest was 13,625,12 sharesrepresenting 3.34% of the issued share capital, where the ordinary shares were10 pence each All figures in boxes 7, 8 and 9 are based on shares in issue and voting rightsattached thereto of 368,921,151 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:
DraxLegal & General