Bank of America Corporation has notified Drax Group PLC of an acquisition of voting rights, crossing the threshold on April 11, 2024. The total positions of Bank of America Corporation show a resulting situation of 11.167953% of voting rights attached to shares, with 4.794261% through direct voting rights and 6.373692% through financial instruments. The total number of voting rights held in the issuer is 43,180,964.
The details of the resulting situation on the date the threshold was crossed or reached include 4.794261% of direct voting rights attached to shares and 2.286318% of voting rights through financial instruments. Additionally, Bank of America Corporation holds financial instruments with similar economic effect, amounting to 4.087374% of voting rights.
The notification also provides information on the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities. Bank of America Corporation's controlled undertakings, including BofA Securities Europe, SA, Managed Account Advisors, LLC, and Merrill Lynch International, collectively hold 8.785277% of voting rights.
The completion date of the notification was April 12, 2024.