29 January 2021
DRAX GROUP PLC
(Symbol: DRX)
Application for block listing
Drax Group plc 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 450,000 ordinary shares of 11 16 / 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 Deferred Share Plan and The Drax Group plc Performance Share Plan. The shares will be allocated to the aforementioned share plans 200,000 and 250,000 respectively. They will rank pari passu with the existing shares in issue.
Admission is expected to be effective on 01 February 2021.
- - ENDS - -