Drax Group plc (GB:DRX) has released an update.
Drax Group PLC announces that Bank of America Corporation has crossed a notable threshold in shareholding, now possessing a combined total of 13.52% in voting rights through direct shares and financial instruments as of May 10, 2024. This change was officially notified to Drax Group on May 13, with Bank of America’s acquisition notably involving Merrill Lynch International, contributing to their increased stake in the UK-based energy company.
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