Result of GM
21 December 2018
DRAX GROUP PLC
(Symbol: DRX)
Result of General Meeting
Drax Group plc (the "Company") is pleased to announce the results of the resolution put to its General Meeting held today, Friday 21 December 2018.
|
No. |
Brief Description |
Votes For |
% |
Votes Against |
% |
Votes Total |
Votes Withheld |
|
1. |
To approve the acquisition of the entire issued share capital of ScottishPower Generation Limited |
268,580,494 |
85.75 |
44,619,027 |
14.25 |
313,199,521 |
21,841
|
The resolution was carried. Completion of the acquisition is expected to occur on 31 December 2018.
The number of shares in issue is 407,193,168 (of which 12,867,349 are held in treasury. Treasury shares don't carry voting rights).
Votes with held are not a vote in law and have not been counted in the calculation of the votes for and against the resolution, the total votes validly cast or the calculation of the proportion of issued share capital voted.
A copy of the resolution is available for inspection in the Circular, which was previously submitted to the UK Listing Authority's Document Viewing Facility, via the National Storage Mechanism at www.morningstar.co.uk/uk/NSM.
The Circular and the voting results are also available on the Company's website at www.drax.com.
Enquiries:
Drax Investor Relations
Mark Strafford
+44 (0) 1757 612 491
+44 (0) 7730 763 949
Media:
Drax External Communications
Matt Willey
+44 (0) 7711 376 087
Website: www.drax.com
END
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