Drax Group plc (GB:DRX) has released an update.
Drax Group PLC has announced a change in the calculation methodology for cash equity positions, which has impacted Bank of America Corporation’s reported holdings in the company. As of May 14, 2024, Bank of America now holds a total stake of 8.997526%, a notable decrease from the previous notification. This change is primarily due to the updated reporting on trading books for client facilitation purposes.
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