Bank of America Corporation has acquired additional voting rights in Drax Group PLC. The acquisition took place on August 24, 2023, and was notified to the issuer on August 25, 2023. The total positions of Bank of America Corporation in Drax Group PLC now amount to 9.281842% of voting rights. This is a slight decrease from the previous position of 9.290969% held by the shareholder.
The voting rights attached to shares held by Bank of America Corporation amount to 2.981913% of the total voting rights in Drax Group PLC. In addition, the shareholder holds financial instruments that could result in the acquisition of voting rights. These financial instruments include swaps with various expiration dates and cash settlements, totaling 6.166493% of voting rights.
Bank of America Corporation holds these voting rights and financial instruments through its controlled undertakings, including Bank of America, NA, BofA Securities Europe, SA, Managed Account Advisors, LLC, and Merrill Lynch International.
No information is provided regarding proxy voting or the date until which the voting rights will be held.
This notification of major holdings provides an update on the voting rights held by Bank of America Corporation in Drax Group PLC.