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Drax Group PLC announced on 23 August 2022 that it made an application to the UK Listing Authority and London Stock Exchange for a block listing. This application is for a total of 240,000 ordinary shares of 1116/29 pence each to be admitted to the Official List. These shares will be issued in connection with The Drax Group plc Long-Term Incentive Plan 2020 and The Drax Group plc Sharesave Plan, split equally between them, with admission expected on 24 August 2022.
| Date | 23 Aug 2022 |
| Time | 09:40:14 |
| Category | Capital structure |
| ID | 9189W |
23 August 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 240,000 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 Long-Term Incentive Plan 2020 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 24 August 2022.
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