REG - Drax Group Plc - Notification of Investigation by FCA

DraxAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250828:nRSb9506Wa&default-theme=true

RNS Number : 9506W  Drax Group PLC  28 August 2025

28 August 2025

 

 

 

Drax Group plc

("Drax", "The Company")

 

Notification of Investigation by the Financial Conduct Authority (FCA)

 

The Company was notified on 26 August 2025 that the Financial Conduct
Authority ("FCA") has commenced an investigation into the Company covering the
period January 2022 to March 2024 relating to certain historical statements
regarding Drax's biomass sourcing and the compliance of Drax's 2021, 2022 and
2023 Annual Reports with the Listing Rules and Disclosure Guidance and
Transparency Rules.

The Company will cooperate with the FCA as part of their investigation.

Enquiries:

Drax Investor Relations:

Chris Simpson

Chris.Simpson@drax.com (mailto:Chris.Simpson@drax.com)

+44 (0) 7923 257 815

Media:

Drax External Communications:

Chris Mostyn

chris.mostyn@drax.com (mailto:chris.mostyn@drax.com)

+44 (0) 7743 963 483

Website: www.drax.com (http://www.drax.com/)

END

 

 

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  MSCPRMLTMTJTBJA