Drax Group PLC received a notification from Bank of America Corporation regarding an acquisition or disposal of voting rights. The notification, dated 26th January 2024, revealed that Bank of America Corporation's total positions resulted in 11.917571% of voting rights attached to shares, with 8.267036% through financial instruments. This change occurred on 25th January 2024. The details of the resulting situation on the date the threshold was crossed or reached were outlined, including the voting rights attached to shares and financial instruments with similar economic effect.
Bank of America Corporation's controlled undertakings, including Bank of America, National Association, BofA Securities Europe, SA, Managed Account Advisors, LLC, and Merrill Lynch International, were listed, with percentages of voting rights and financial instruments specified. The notification also included information on proxy voting and additional details. The completion date for the notification was 26th January 2024.
This notification provides insight into Bank of America Corporation's holdings and voting rights in Drax Group PLC, offering transparency and compliance with regulatory requirements.