REG - Drax Group Plc - Additional Listing

DraxAnnouncement

25/03/2024 08:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240325:nRSY9834Ha&default-theme=true

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.

 

- - ENDS - -

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ALSQKBBPKBKDKNB