Bank of America Corporation has notified Drax Group PLC of a legal entity level crossing, resulting in a total of 11.797921% of voting rights held in the issuer. The threshold was crossed on April 4, 2024, and the issuer was notified on April 5, 2024. The total positions of the person subject to the notification obligation include 5.065720% of voting rights attached to shares and 6.732201% of voting rights through financial instruments.
The shareholder, Merrill Lynch International, holds 5.065720% of direct voting rights and 2.281628% of voting rights through financial instruments. Additionally, Bank of America Corporation's controlled undertakings, including BofA Securities Europe, SA and Managed Account Advisors, LLC, contribute to a total of 9.074608% of voting rights through financial instruments.
The financial instruments held by Bank of America Corporation include physical swaps with various expiration dates, contributing to a total of 4.450573% of voting rights. The notification also includes details of the person subject to the notification obligation, such as the full chain of controlled undertakings and their respective percentages of voting rights.
This notification provides comprehensive information about Bank of America Corporation's holdings in Drax Group PLC, including voting rights attached to shares and financial instruments, as well as the controlled undertakings contributing to the total voting rights.