Business
Holding(s) in Company
BlackRock, Inc. has notified Drax Group PLC that as of March 20, 2026, its total holding of voting rights has reached 5.15%, representing 17,380,280 voting rights. This threshold was crossed through indirect holdings attached to shares, with no voting rights held through financial instruments. This notification signifies a change in major shareholding for Drax Group PLC. Disclaimer*
About this update from Drax Group Plc
[{"type":"text","content":"\n\nTR-1: Standard form for notification of major holdings\n\n1. Issuer Details\n\n\n\nISIN\n\n\nGB00B1VNSX38\n\n\nIssuer Name\n\n\nDRAX GROUP PLC\n\n\nUK or Non-UK Issuer\n\n\nUK\n\n\n\n2. Reason for Notification\n\n\nAn acquisition or disposal of voting rights\n\n\n3. Details of person subject to the notification obligation\n\n\n\nName\n\n\nBlackRock, Inc.\n\n\nCity of registered office (if applicable)\n\n\nWilmington\n\n\nCountry of registered office (if applicable)\n\n\nUSA\n\n\n\n4. Details of the shareholder\n\n\n\nFull name of shareholder(s) if different from the person(s) subject to the notification obligation, above\n\n\n \n\n\nCity of registered office (if applicable)\n\n\n \n\n\nCountry of registered office (if applicable)\n\n\n \n\n\n\n5. Date on which the threshold was crossed or reached\n\n\n20-Mar-2026\n\n\n6. Date on which Issuer notified\n\n\n23-Mar-2026\n\n\n7. Total positions of person(s) subject to the notification obligation\n\n\n\n\n\n\n\n\n% of voting rights attached to shares (total of 8.A)\n\n\n% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)\n\n\nTotal of both in % (8.A + 8.B)\n\n\nTotal number of voting rights held in issuer\n\n\n\n\nResulting situation on the date on which threshold was crossed or reached\n\n\n5.150000\n\n\n0.000000\n\n\n5.150000\n\n\n17380280\n\n\n\n\nPosition of previous notification (if applicable)\n\n\nBelow 5%\n\n\nBelow 5%\n\n\nBelow 5%\n\n\n\n\n\n\n\n\n8. Notified details of the resulting situation on the date on which the threshold was crossed or reached\n\n\n8A. Voting rights attached to shares\n\n\n\n\n\n\nClass/Type of shares ISIN code(if possible)\n\n\nNumber of direct voting rights (DTR5.1)\n\n\nNumber of indirect voting rights (DTR5.2.1)\n\n\n% of direct voting rights (DTR5.1)\n\n\n% of indirect voting rights (DTR5.2.1)\n\n\n\n\nGB00B1VNSX38\n\n\n\n\n\n17365203\n\n\n\n\n\n5.150000\n\n\n\n\nSub Total 8.A\n\n\n17365203\n\n\n5.150000%\n\n\n\n\n\n\n8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))\n\n\n\n\n\n\nType of financial instrument\n\n\nExpiration date\n\n\nExercise/conversion period\n\n\nNumber of voting rights that may be acquired if the instrument is exercised/converted\n\n\n% of voting rights\n\n\n\n\nSecurities Lending\n\n\n\n\n\n\n\n\n10234\n\n\n0.000000\n\n\n\n\nSub Total 8.B1\n\n\n\n\n\n10234\n\n\n0.000000%\n\n...