An update from Drax Group plc ( (GB:DRX) ) is now available.
Drax Group plc has applied for a block listing of 2,000,000 ordinary shares on the London Stock Exchange, related to its Long Term Incentive Plan 2020. This move is expected to enhance the company’s financial flexibility and support its strategic initiatives, with the shares set to be admitted on March 5, 2025.
More about Drax Group plc
Drax Group plc operates in the energy sector, primarily focusing on renewable energy and power generation. The company is known for its efforts in transitioning from coal to biomass and other sustainable energy sources, aiming to contribute significantly to the reduction of carbon emissions in the energy market.
YTD Price Performance: -5.86%
Average Trading Volume: 1,312,646
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.22B
See more data about DRX stock on TipRanks’ Stock Analysis page.