07 February 2022
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 305,000 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 Long Term Incentive Plan 2020 and The Drax Group plc Performance Share Plan. The shares will be allocated to the aforementioned share plans 225,000 and 80,000 respectively. They will rank pari passu with the existing shares in issue.
Admission is expected to be effective on 08 February 2022.
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