Drax Group plc (GB:DRX) has released an update.
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Drax Group plc has announced the issuance of long-term incentive plan (LTIP) awards to key managerial personnel, with Lee Dawes and Paul Sheffield receiving conditional shares that will vest over three years, subject to performance conditions and continuous employment. These awards were made for zero consideration and are part of the company’s normal annual grant cycle, indicating an investment in executive retention and possibly future performance.
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