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Drax Group announces AGM and proposed dividend details

Published 28/03/2025, 09:04
Drax Group announces AGM and proposed dividend details
DRX
-0.80%

LONDON - Drax Group PLC (Symbol: LON:DRX), a British electrical power generation company, has announced the distribution of its Annual Report and Accounts for the year 2024 to its registered shareholders. Alongside the annual financial documentation, the company has also sent out the Notice of the 2025 Annual General Meeting (AGM) and a Form of Proxy for shareholder voting.

The AGM is scheduled to take place at 10:00 am on Thursday, 1 May 2025, at 200 Aldersgate, St Paul’s, London EC1A 4HD. This meeting will offer shareholders the opportunity to discuss the company’s performance and future strategies.

In addition to the AGM details, the company has disclosed key dates regarding its proposed final dividend. Shareholders on record as of 25 April 2025 will be eligible for the dividend, which is set to be distributed on 16 May 2025. The proposed rate for the final dividend is 15.6 pence per share.

Drax has stated that the Annual Report and Accounts 2024, as well as the Notice of the 2025 AGM, will be made available on the company’s website and can also be obtained by writing to the Company Secretary at Drax Power Station in Selby, North Yorkshire.

The information regarding Drax’s AGM and dividend details was released in a statement on 28 March 2025 and is provided by RNS, the news service of the London Stock Exchange (LON:LSEG). RNS is recognized by the Financial Conduct Authority in the UK as a Primary Information Provider. The company’s compliance with the Listing Rule 6.4.1 will be maintained as the documents will be accessible for viewing on the National Storage Mechanism.

This announcement serves as a factual report based on the company’s press release statement and does not include any promotional content or subjective assessment. The details provided are intended to inform shareholders and the public about the upcoming AGM and dividend plans of Drax Group PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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