Result of GM

RNS Number : 2803L

Drax Group PLC

21 December 2018

 

21 December 2018

DRAX GROUP PLC

(Symbol: DRX)

Result of General Meeting

Drax Group plc (the "Company") is pleased to announce the results of the resolution put to its General Meeting held today, Friday 21 December 2018.

No.	Brief Description	Votes For	%	Votes Against	%	Votes Total	Votes Withheld
1.	To approve the acquisition of the entire issued share capital of ScottishPower Generation Limited	268,580,494	85.75	44,619,027	14.25	313,199,521	21,841

The resolution was carried. Completion of the acquisition is expected to occur on 31 December 2018.

The number of shares in issue is 407,193,168 (of which 12,867,349 are held in treasury. Treasury shares don't carry voting rights).

Votes with held are not a vote in law and have not been counted in the calculation of the votes for and against the resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.

A copy of the resolution is available for inspection in the Circular, which was previously submitted to the UK Listing Authority's Document Viewing Facility, via the National Storage Mechanism at www.morningstar.co.uk/uk/NSM.

The Circular and the voting results are also available on the Company's website at www.drax.com.

Enquiries:

Drax Investor Relations

Mark Strafford

[phone]

[phone]

Media:

Drax External Communications

Matt Willey

[phone]

Website: www.drax.com

END

 

END

 

 

ROMBGBDDCUDBGIB