RNS Number : 9834H
Drax Group PLC
25 March 2024
 

25 March 2024

 

DRAX GROUP PLC

 

("Drax" or the "Company"; Symbol: DRX)

 

Application for block listing

 

The Company announces that an application has been made to the UK Listing Authority and the London Stock Exchange for the block listing of a total of 2.6 million ordinary shares of 1116/29 pence each in the capital of the Company to be admitted to the Official List and to be traded on the main market of the London Stock Exchange.

 

These shares will be issued in connection with The Drax Group plc Long Term Incentive Plan 2020, The Drax Group plc Sharesave Plan, The Drax Group plc Deferred Share Plan and the Drax Group plc 2022 Employee Stock Purchase Plan. The shares will be split 1 million, 1 million, 0.1 million and 0.5 million to the aforementioned share plans respectively. They will rank pari passu with the existing shares in issue.

 

Admission is expected to be effective on 26 March 2024.

 

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