Business
Result of Meeting
Result of Meeting.
About this update from Drax Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1936U\n Drax Group PLC\n 31 March 2021\n \n \n \n 31 March 2021\n \n Drax Group plc\n (\"Drax\", the \"Group\" or the \"Company\"; Symbol: DRX)\n \n \n Results of General Meeting\n \n \n Drax is pleased to announce the results of its General Meeting held today, Wednesday 31 March 2021.\n \n \n \n \n \n No.\n \n \n \n \n Resolution\n \n \n \n \n Votes For\n \n \n \n \n %\n \n \n \n \n Votes Against\n \n \n \n \n %\n \n \n \n \n Votes Total (not including withheld)\n \n \n \n \n Votes Withheld\n \n \n \n \n \n 1.\n \n \n To approve the acquisition of the entire issued share capital of Pinnacle Renewable Energy Inc.\n \n \n 318,727,664\n \n \n 99.99%\n \n \n 20,744\n \n \n 0.01%\n \n \n 318,748,408\n \n \n 95,895\n \n \n \n \n \n The resolution was passed.\n Completion of the acquisition is expected to occur in April 2021, subject to the satisfaction or waiver of the final outstanding conditions.\n The number of shares in issue is 411,732,605 (of which 13,841,295 are held in treasury. Treasury shares don't carry voting rights).\n Votes withheld 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.\n A copy of the resolution is available for inspection in the Circular, which was previously submitted to the Financial Conduct Authority's National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.\n The Circular and the voting results are also available on the Company's website at www.drax.com.\n Capitalised terms used but not defined in this announcement have the meanings given to them in the Circular.\n \n \n Enquiries:\n \n \n Drax Investor Relations: Mark Strafford\n \n \n +44 (0) 7730 763 949\n \n \n \n \n \n Media:\n \n \n Drax External Communications: Ali Lewis\n \n \n +44 (0) 7712 670 888\n \n \n \n \n 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 [email protected] or visit www.rns.com.RNS may use your IP ad...