Bank of America Corporation has acquired additional voting rights in DRAX GROUP PLC. The acquisition took place on September 8, 2023, and was notified to the issuer on September 11, 2023. The total positions of Bank of America Corporation now amount to 9.836708% of voting rights attached to shares, with 3.117646% through direct voting rights and 6.719062% through financial instruments.
The shareholder, Merrill Lynch International, holds a total of 12,020,240 direct voting rights, representing 3.117646% of the total voting rights. In addition, Bank of America Corporation holds financial instruments that may result in the acquisition of 25,505,459 voting rights, representing 6.615261% 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 6.650968% of voting rights if it equals or is higher than the notifiable threshold.
No information regarding proxy voting was provided in the notification. The completion date of the notification was September 11, 2023.