Bank of America Corporation has acquired additional voting rights in Drax Group PLC. The acquisition took place on November 6, 2023, and was notified to the issuer on November 7, 2023. The total positions of Bank of America Corporation in Drax Group PLC now amount to 12.754073% of voting rights, with 4.021241% attached to shares and 8.732832% through financial instruments.
The shareholder, Merrill Lynch International, holds a total of 15,464,687 direct voting rights in Drax Group PLC, representing 4.021241% of the total voting rights. In addition, Merrill Lynch International holds financial instruments that could result in the acquisition of 9,117,181 voting rights, equivalent to 2.370716% of the total voting rights.
Bank of America Corporation is the ultimate controlling person, and its controlled undertakings, including Bank of America, National Association, BofA Securities Europe, SA, Managed Account Advisors, LLC, and Merrill Lynch International, collectively hold 8.535661% of voting rights in Drax Group PLC.
No information regarding proxy voting was provided in the notification.
This notification was completed on November 7, 2023, and the place of completion was not specified.