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Drax Group plc announced on 05 January 2022 that it has applied to the UK Listing Authority and the London Stock Exchange for a block listing. This application is for a total of 310,000 ordinary shares, each of 1116/29 pence, to be issued equally between The Drax Group plc Performance Share Plan and The Drax Group plc Sharesave Plan. Admission of these shares to the Official List and trading on the main market is expected to be effective on 06 January 2022.
| Date | 5 Jan 2022 |
| Time | 08:30:05 |
| Category | Capital structure |
| ID | 3723X |
05 January 2022
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 310,000 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 Performance Share Plan and The Drax Group plc Sharesave Plan. The shares will be split equally between the aforementioned share plans. They will rank pari passu with the existing shares in issue.
Admission is expected to be effective on 06 January 2022.
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