Drax Group PLC Additional Listing
March 25 2024 - 3:45AM
RNS Regulatory News
RNS Number : 9834H
Drax Group PLC
25 March 2024
25 March 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 2.6
million 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,
The Drax Group plc Sharesave Plan, The Drax Group plc Deferred
Share Plan and the Drax Group plc 2022 Employee Stock Purchase
Plan. The shares will be split 1 million, 1 million, 0.1 million
and 0.5 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 26 March 2024.
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