Drax Group plc (GB:DRX) has released an update.
Drax Group PLC has announced a significant change in its shareholder structure, with Bank of America Corporation crossing a legal entity level threshold. As of June 25, 2024, Bank of America’s total voting rights in Drax Group have decreased, now holding 9.273743% of the company’s voting rights through shares and financial instruments. This shift in ownership stakes is a notable development for investors tracking the UK-based energy company’s stock.
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