Drax Group plc (GB:DRX) has released an update.
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Drax Group PLC has announced that Bank of America Corporation has altered its stake in the company, crossing a significant threshold on April 25, 2024. The change resulted from both the acquisition and disposal of financial instruments, leading to Bank of America now holding a combined total of approximately 12.81% of voting rights. This regulatory notification underscores the dynamic nature of major shareholdings in publicly traded companies, which is of interest to investors monitoring market movements.
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