Bank of America Corporation has acquired additional voting rights in Drax Group PLC. The acquisition was notified on November 27, 2023, and the issuer was notified on November 28, 2023. The total positions of Bank of America Corporation in Drax Group PLC now amount to 12.015579% of voting rights, with 3.687804% attached to shares and 8.327775% through financial instruments.
The details of the resulting situation on the date the threshold was crossed or reached are as follows: Bank of America Corporation holds 14,182,369 direct voting rights, representing 3.687804% of voting rights attached to shares. In addition, through financial instruments, Bank of America Corporation holds 9,122,127 voting rights, representing 2.372003% of voting rights.
Bank of America Corporation's controlled undertakings that hold voting rights and/or financial instruments in Drax Group PLC include Bank of America, National Association, BofA Securities Europe, SA, Managed Account Advisors, LLC, and Merrill Lynch International. The ultimate controlling person is Bank of America Corporation.
No information regarding proxy voting was provided in the notification.
This notification was completed on November 28, 2023, and the place of completion was not specified.