Bank of America Corporation has notified Drax Group PLC of a major holdings acquisition, crossing the threshold on July 31, 2024. The total positions of Bank of America Corporation show a resulting situation of 3.498859% of voting rights through financial instruments, with a total of 13,548,518 voting rights held in the issuer. The details of the resulting situation on the date the threshold was crossed or reached include 0.000237% of voting rights attached to shares and 3.498622% of voting rights through financial instruments.
The financial instruments held by Bank of America Corporation include physical swaps with expiration dates ranging from April 2025 to July 2026, with a total of 1.896929% of voting rights. Additionally, there are swaps with similar economic effect, with a total of 1.601693% of voting rights. The ultimate controlling person is Bank of America Corporation, with Managed Account Advisors, LLC and Bank of America, National Association being the controlled undertakings through which the voting rights and/or the financial instruments are effectively held.
The completion date for this notification was August 1, 2024.