Additional Listing

RNS Number : 5201H
Drax Group PLC
28 November 2022
 

28 November 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 10 million 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, The Drax Group plc Sharesave Plan and The Drax Group plc Deferred Share Plan. The shares will be split 2.8 million, 7 million and 0.2 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 29 November 2022.

 

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