Bank of America Corporation has acquired additional voting rights in DRAX GROUP PLC. The acquisition took place on September 18, 2023, and was notified to the issuer on September 19, 2023. The total positions of Bank of America Corporation in DRAX GROUP PLC now amount to 9.897665% of voting rights, with 3.193955% attached to shares and 6.703710% through financial instruments.
The shareholder, Merrill Lynch International, holds a total of 12,281,795 direct voting rights, representing 3.193955% of the total voting rights. In addition, Merrill Lynch International holds financial instruments that may result in the acquisition of an additional 1,253,408 voting rights, representing 0.325992% 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 6.802667% of voting rights if it equals or is higher than the notifiable threshold.
No information regarding proxy voting was provided in the notification.
This notification was completed on September 19, 2023, and the place of completion was not specified.