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Drax Group Plc
Notification of Investigation by FCA
Business
Aug 28 2025
3 min read

Notification of Investigation by FCA

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

+44 (0) 7923 257 815

Media:

Drax External Communications:

Chris Mostyn

chris.mostyn@drax.com

+44 (0) 7743 963 483

Website: www.drax.com

END