Drax Group PLC — Director's Dealing 2015

Dec 31, 2015

National Storage Mechanism | Additional information

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RNS Number : 6244K

Drax Group PLC

31 December 2015

Drax Group plc

(Symbol DRX)

31 December 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Drax Group plc
2 Reason for the notification (please tDrax Group plc (Symbol DRX)ick the appropriate box or boxes):
An acquisition or disposal of voting rights				Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				Yes
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		The Goldman Sachs Group, Inc.
4. Full name of shareholder(s) (if different from 3.):iv		Goldman, Sachs & Co. Goldman Sachs International Goldman Sachs Asset Management, L.P.
5. Date of the transaction and date on which the threshold is crossed or reached: v		10 December 2015
6. Date on which issuer notified:		30 December 2015
7. Threshold(s) that is/are crossed or reached: vi, vii		Below 3%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE		Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of  voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
GB00B1VNSX38		1,859,404			1,859,404							Below 3%				Below 3%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii			Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
											Below 3%				Below 3%
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price			Expiration date xvii			Exercise/ Conversion period xviii		Number of voting rights instrument refers to					% of voting rights xix, xx
														Nominal			Delta
Total (A+B+C)
Number of voting rights									Percentage of voting rights
Below 3%									Below 3%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:
14. Contact name:	Phil White Deputy Company Secretary
15. Contact telephone number:	01757 612167

This information is provided by RNS

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