Bank of America Corporation has acquired additional voting rights in Drax Group PLC, a UK-based company. The acquisition took place on October 17, 2023, and was notified to the issuer on October 18, 2023. The total positions of Bank of America Corporation in Drax Group PLC now amount to 11.788270% of voting rights, with 3.554181% attached to shares and 8.234089% through financial instruments.
The shareholder, Merrill Lynch International, holds a total of 3.554181% of voting rights attached to shares. In addition, Bank of America Corporation holds financial instruments that grant them voting rights. These include the right to recall, physical swaps, and swaps with cash settlement. The total voting rights through financial instruments amount to 8.234089%.
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 8.038597% of voting rights through financial instruments.
No information regarding proxy voting was provided in the notification.
This notification was completed on October 18, 2023, and the place of completion is not specified.