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<title>Drax Group Plc — News on 6ix</title>
<link>https://6ix.com/company/drax-group-plc</link>
<description>Latest news and press releases for Drax Group Plc on 6ix.</description>
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<title>Drax Group Plc</title>
<link>https://6ix.com/company/drax-group-plc</link>
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<item>
<title>Total Voting Rights and Issue of Shares</title>
<link>https://6ix.com/company/drax-group-plc/news/total-voting-rights-and-issue-of-shares-1</link>
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<pubDate>Fri, 01 May 2026 09:15:00 GMT</pubDate>
<description>Drax Group plc has announced its total voting rights as of April 30, 2026, with 432,526,196 ordinary shares issued, of which 96,310,800 are held in treasury, resulting in 336,215,396 voting rights. Additionally, the company issued 65,107 ordinary shares between March 31 and April 30, 2026, primarily for its employee share plans, including 58,853 shares under the Sharesave Plan and 6,254 shares under the Sharesave Plan 2024.
Disclaimer*</description>
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<title>Global Wood Pellets Market Outlook 2035: How Drax Group plc, Enviva Inc. & Graanul Invest Are Driving Renewable Energy Growth Across North America, Europe & Asia-Pacific</title>
<link>https://6ix.com/company/drax-group-plc/news/global-wood-pellets-market-outlook-2035-how-drax-group-plc-enviva-inc-and-graanul-invest-are-driving-renewable-energy-growth-across-north-america-europe-and-asia-pacific</link>
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<pubDate>Thu, 23 Apr 2026 06:34:00 GMT</pubDate>
<description>According to the latest market analysis by Future Market Insights, the global wood pellets market is experiencing strong growth as countries accelerate their transition toward renewable energy and carbon-neutral fuel solutions. The wood pellets market is valued at USD 12.1 billion in 2025 and is projected to reach USD 31.1 billion by 2035, expanding at a CAGR of 9.9%. Growth is fueled by increasing demand for sustainable heating, utility-scale biomass energy, and global decarbonization initiativ</description>
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<title>Application for block admission to trading</title>
<link>https://6ix.com/company/drax-group-plc/news/application-for-block-admission-to-trading</link>
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<pubDate>Wed, 15 Apr 2026 07:45:00 GMT</pubDate>
<description>Drax Group PLC has applied for the block admission of 210,000 ordinary shares of 1116/29 pence each to the London Stock Exchange Main Market, effective on 16 April 2026. These shares will be admitted in connection with the Company's Sharesave Plan and will be fungible with existing ordinary shares.
Disclaimer*</description>
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<title>Issue of Shares</title>
<link>https://6ix.com/company/drax-group-plc/news/issue-of-shares-35</link>
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<pubDate>Tue, 31 Mar 2026 11:09:00 GMT</pubDate>
<description>Drax Group PLC has issued and allotted 220,439 ordinary shares in connection with its employee share plans, including the Sharesave Plan, Sharesave Plan 2024, and Long Term Incentive Plan 2020. These shares were issued between January 19, 2026, and the announcement date and were previously admitted to trading on the London Stock Exchange.
Disclaimer*</description>
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<title>Notice of AGM and Annual Report and Accounts</title>
<link>https://6ix.com/company/drax-group-plc/news/notice-of-agm-and-annual-report-and-accounts-14</link>
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<pubDate>Wed, 25 Mar 2026 09:48:00 GMT</pubDate>
<description>Drax Group PLC has published its 2025 Annual Report and Accounts and the 2026 Notice of Annual General Meeting, making these documents available on its website and via the National Storage Mechanism. The Annual General Meeting will be held on April 30, 2026, at 10:00 AM, both in person and online. The company also announced amendments to the rules of The Drax Group plc Long Term Incentive Plan 2020.
Disclaimer*</description>
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<title>Transaction in Own Shares</title>
<link>https://6ix.com/company/drax-group-plc/news/transaction-in-own-shares-547</link>
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<pubDate>Wed, 25 Mar 2026 07:00:00 GMT</pubDate>
<description>Drax Group PLC has executed a share buyback, purchasing 75,351 ordinary shares on March 24, 2026, at a volume-weighted average price of 856.6818 pence per share, with prices ranging from 845.0000 to 867.0000 pence. Following this transaction, the company's total issued ordinary shares stand at 432,461,089, with 95,658,242 held in treasury, resulting in 336,802,847 voting rights excluding treasury shares. Since the program's inception on July 31, 2025, Drax Group has repurchased a total of 8,565,</description>
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<title>Holding(s) in Company</title>
<link>https://6ix.com/company/drax-group-plc/news/holdings-in-company-745</link>
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<pubDate>Tue, 24 Mar 2026 10:35:00 GMT</pubDate>
<description>BlackRock, Inc. has notified Drax Group PLC that as of March 20, 2026, its total holding of voting rights has reached 5.15%, representing 17,380,280 voting rights. This threshold was crossed through indirect holdings attached to shares, with no voting rights held through financial instruments. This notification signifies a change in major shareholding for Drax Group PLC.
Disclaimer*</description>
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<title>Director/PDMR Shareholding</title>
<link>https://6ix.com/company/drax-group-plc/news/directorpdmr-shareholding-677</link>
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<pubDate>Tue, 17 Mar 2026 16:43:00 GMT</pubDate>
<description>Drax Group PLC announced on March 17, 2026, that its Chief Executive Officer, Will Gardiner, received a deferred share award of 39,474 ordinary shares under the Deferred Share Plan, and its Chief Financial Officer, Frank Lemmink, received an award of 7,708 ordinary shares. These awards, granted on March 13, 2026, for nil consideration, represent the deferred element of the 2025 financial year annual bonus and are subject to a three-year vesting period contingent on continued employment.
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<title>Global Power Solutions Appoints Pete Medved as President & Chief Executive Officer to Lead Innovation</title>
<link>https://6ix.com/company/drax-group-plc/news/global-power-solutions-appoints-pete-medved-as-president-and-chief-executive-officer-to-lead-innovation-1</link>
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<pubDate>Thu, 12 Mar 2026 07:05:00 GMT</pubDate>
<description>Vancouver, BC, Canada, March 12, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSXV: PWER) (FSE: NJA) (“Global Power” or the “Company”) is pleased to announce the appointment of Pete Medved as President & Chief Executive Officer (“CEO”) of the Company, effective immediately. Mr. Medved brings more than two decades of experience in enterprise technology sales, strategic account leadership, and large-scale digital infrastructure projects across both the public and private sectors. He has</description>
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<title>Capacity Market Agreements</title>
<link>https://6ix.com/company/drax-group-plc/news/capacity-market-agreements</link>
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<pubDate>Wed, 11 Mar 2026 07:00:00 GMT</pubDate>
<description>Drax Group plc has provisionally secured agreements from the T-4 capacity market auction to provide 434MW of capacity, de-rated to 399MW, primarily from its pumped storage and hydro assets for the delivery period October 2029 to September 2030. This will generate approximately £11 million in income at a provisional clearing price of £27/kW/year, adding to existing agreements extending to September 2029.
Disclaimer*</description>
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<title>Appointment of Interim CFO</title>
<link>https://6ix.com/company/drax-group-plc/news/appointment-of-interim-cfo-4</link>
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<pubDate>Thu, 05 Mar 2026 07:00:00 GMT</pubDate>
<description>Drax Group plc announced that its Chief Financial Officer, Frank Lemmink, is taking a six-month leave of absence due to health reasons, effective immediately. Daniel Peacock, the Deputy Chief Financial Officer, has been appointed interim Chief Financial Officer and will report to CEO Will Gardiner. Peacock, a Chartered Accountant, joined Drax in 2019 and previously served as Director of Business Finance and FP&A. The company expressed well wishes for Lemmink's recovery and confidence in Peacock'</description>
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<title>Directorate Change & Company Secretary Appointment</title>
<link>https://6ix.com/company/drax-group-plc/news/directorate-change-and-company-secretary-appointment-1</link>
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<pubDate>Mon, 02 Mar 2026 11:41:00 GMT</pubDate>
<description>Drax Group plc announced changes to its board committee appointments and the appointment of a new Company Secretary. Effective March 2, 2026, Mark Clare, a non-executive director appointed on February 13, 2026, has joined the Nomination, Audit, and Remuneration Committees. Additionally, Rebecca Dunn has been appointed Group Company Secretary, succeeding Hillary Berger who served in an interim capacity since December 2025.
Disclaimer*</description>
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<title>Total Voting Rights</title>
<link>https://6ix.com/company/drax-group-plc/news/total-voting-rights-187</link>
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<pubDate>Mon, 02 Mar 2026 11:39:00 GMT</pubDate>
<description>Drax Group plc has announced its total voting rights and share capital as of 28 February 2026. The company's issued share capital comprises 432,264,003 ordinary shares, with 94,472,024 held in treasury and thus not carrying voting rights. Consequently, the total number of voting rights available to shareholders is 337,791,979, which shareholders should use for notification purposes under the FCA's Disclosure and Transparency Rules.
Disclaimer*</description>
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<title>Dividend Declaration</title>
<link>https://6ix.com/company/drax-group-plc/news/dividend-declaration-320</link>
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<pubDate>Thu, 26 Feb 2026 15:25:00 GMT</pubDate>
<description>Drax Group plc has declared a final dividend of 17.4 pence per share for the year ended 31 December 2025, which is subject to shareholder approval at the 2026 Annual General Meeting. The ex-dividend date is set for 23 April 2026, with a record date of 24 April 2026, and the dividend payment is scheduled for 15 May 2026.
Disclaimer*</description>
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<title>Annual Financial Report</title>
<link>https://6ix.com/company/drax-group-plc/news/annual-financial-report-292</link>
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<pubDate>Thu, 26 Feb 2026 07:00:00 GMT</pubDate>
<description>Drax Group PLC reported full-year results for the twelve months ended 31 December 2025, with Adjusted EBITDA decreasing to £947 million from £1,064 million in 2024, primarily due to lower achieved power prices, though Adjusted basic EPS increased to 137.7 pence from 128.4 pence, supported by share buybacks and lower finance costs. The company generated record renewable generation, contributing 6% of UK power, and proposed a dividend per share of 29.0 pence, an 11.5% increase from 2024. Significa</description>
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<title>Tolling agreement for 200MW (800MWh) of BESS</title>
<link>https://6ix.com/company/drax-group-plc/news/tolling-agreement-for-200mw-800mwh-of-bess</link>
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<pubDate>Thu, 19 Feb 2026 07:00:00 GMT</pubDate>
<description>Drax Group plc has entered into a 15-year tolling agreement with Zenobē Coalburn Limited for 200MW (800MWh) of new Battery Energy Storage Systems capacity at Coalburn, Scotland, with no upfront capital cost to Drax, as Zenobē will manage construction, maintenance, and availability risks. Drax will have full operational control and dispatch rights, targeting a Commercial Operation Date in 2028, with expected returns significantly exceeding its Weighted Average Cost of Capital. This agreement alig</description>
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<title>Notice of Results</title>
<link>https://6ix.com/company/drax-group-plc/news/notice-of-results-240</link>
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<pubDate>Wed, 18 Feb 2026 10:13:00 GMT</pubDate>
<description>Drax Group plc has announced that its full-year financial results for the twelve months ending 31 December 2025 will be released on Thursday, 26 February 2026. Management will host a webcast presentation for analysts and investors at 9:00 AM GMT on the same day, with presentation materials available for download from 7:00 AM GMT.
Disclaimer*</description>
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<title>Directorate change</title>
<link>https://6ix.com/company/drax-group-plc/news/directorate-change-581</link>
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<pubDate>Fri, 13 Feb 2026 07:00:00 GMT</pubDate>
<description>Drax Group PLC has announced the appointment of Mark Clare as a non-executive director, effective February 13, 2026. Clare brings extensive experience from public listed companies in consumer services, property, and energy sectors, including previous executive roles as CEO of Barratt Developments plc from 2006 to 2015 and CFO of Centrica plc from 1997 to 2006. His appointment is considered valuable for the Group as it focuses on energy security and the energy transition through investments in re</description>
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<title>Tolling agreement for 250MW (500MWh) of BESS</title>
<link>https://6ix.com/company/drax-group-plc/news/tolling-agreement-for-250mw-500mwh-of-bess</link>
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<pubDate>Fri, 30 Jan 2026 07:00:00 GMT</pubDate>
<description>Drax Group plc has entered into a 10-year tolling agreement with West Burton C Limited for 250MW (500MWh) of new Battery Energy Storage Systems (BESS) capacity, with construction, maintenance, and availability risks borne by the developer, Fidra Energy. This capital-light arrangement provides Drax with full operational control and dispatch rights, retaining all revenues except Capacity Market revenues, and is expected to yield returns significantly above its Weighted Average Cost of Capital. The</description>
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<title>Acquisition of Asset Optimisation Platform</title>
<link>https://6ix.com/company/drax-group-plc/news/acquisition-of-asset-optimisation-platform</link>
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<pubDate>Wed, 21 Jan 2026 07:00:00 GMT</pubDate>
<description>Drax Group plc has announced its agreement to acquire Flexitricity Limited, a UK-based asset optimisation platform, for £36 million, subject to closing adjustments and regulatory approvals expected in Q1 2026. This acquisition is anticipated to generate returns significantly exceeding Drax's WACC and will bolster its FlexGen business, supporting plans for a GW-scale battery energy storage system pipeline by integrating Flexitricity's proprietary technology and AI capabilities. Flexitricity curre</description>
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