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Drax Group PLC announced on 7 October 2024 an application for a block listing of 290,000 ordinary shares, each of 1116/29 pence. These shares are for issuance under The Drax Group plc Long Term Incentive Plan 2020 and The Drax Group plc Sharesave Plan, with an equal split between the two plans. Admission to the Official List and trading on the London Stock Exchange's main market is expected to be effective on 8 October 2024.
| Date | 7 Oct 2024 |
| Time | 08:45:00 |
| Category | Capital structure |
| ID | 0668H |
7 October 2024
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 290,000 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 amongst the aforementioned share plans. They will rank pari passu with the existing shares in issue.
Admission is expected to be effective on 8 October 2024.
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