공시 • Apr 30
Drax Group plc to Report First Half, 2026 Results on Jul 30, 2026 Drax Group plc announced that they will report first half, 2026 results on Jul 30, 2026 공시 • Apr 03
Drax Group plc (LSE:DRX) acquired Flexitricity Limited from Quinbrook Infrastructure Partners Pty Ltd. for £42 million. Drax Group plc (LSE:DRX) has signed an agreement to acquire Flexitricity Limited from Quinbrook Infrastructure Partners Pty Ltd. for £42 million on January 21, 2026. The agreed sale price generates expected total sale proceeds of £42 million which represents an enterprise valuation of £36 million plus an estimated net working capital and cash adjustment of £6 million, which is subject to customary closing adjustments.
Flexitricity today employs over 85 people across operations, technology, engineering, finance, sales and trading.
Transaction is conditional on completion of regulatory approvals and processes. Completion is expected in Q1 2026.
Jefferies International Limited acted as financial advisor for Quinbrook Infrastructure Partners Pty Ltd. DLA Piper Group acted as legal advisor for Quinbrook Infrastructure Partners Pty Ltd.
Drax Group plc (LSE:DRX) completed the acquisition of Flexitricity Limited from Quinbrook Infrastructure Partners Pty Ltd. on April 1, 2026. 공시 • Mar 25
Drax Group plc, Annual General Meeting, Apr 30, 2026 Drax Group plc, Annual General Meeting, Apr 30, 2026. Location: 200 aldersgate, st pauls, ec1a 4hd, london United Kingdom 공시 • Mar 06
Drax Group plc Announces CFO Changes, Effective March 5, 2026 Drax Group plc announced that its Chief Financial Officer, Frank Lemmink, took a six-month leave of absence to support his recovery from a recent health issue, effective March 5, 2026. The Company's Board of Directors appointed Deputy Chief Financial Officer, Daniel Peacock, as interim Chief Financial Officer for the duration of Frank's leave. In this role, Daniel will report to Will Gardiner, Chief Executive Officer. Daniel is a Chartered Accountant and, prior to becoming Deputy Chief Financial Officer, was Director of Business Finance and FP&A since joining the Group in 2019. 공시 • Mar 03
Drax Group plc Announces Executive Changes, Effective March 2, 2026 Drax Group Plc announced that Rebecca Dunn has been appointed Group Company Secretary with effect from 2 March 2026. Rebecca replaces Hillary Berger, Group General Counsel, who had held the position on an interim basis since December 2025. Further to the appointment of Mark Clare as a non-executive director on 13 February 2026, the Board is pleased to confirm that Mark has been appointed a member of the Nomination, Audit and Remuneration Committees with effect from 2 March 2026. 공시 • Feb 26
Drax Group plc Proposes Final Dividend for the Year Ended 31 December 2025, Payable on May 15, 2026 Drax Group plc proposed final dividend of 17.4 pence for the year ended 31 December 2025, subject to approval at the 2026 Annual General Meeting, the final dividend will be paid on 15 May 2026. Ex-dividend date: 23 April 2026 and Record date: 24 April 2026. 공시 • Jan 22
Drax Group plc (LSE:DRX) has signed an agreement to acquire Flexitricity Limited from Quinbrook Infrastructure Partners Pty Ltd. for £42 million. Drax Group plc (LSE:DRX) has signed an agreement to acquire Flexitricity Limited from Quinbrook Infrastructure Partners Pty Ltd. for £42 million on January 21, 2026. The agreed sale price generates expected total sale proceeds of £42 million which represents an enterprise valuation of £36 million plus an estimated net working capital and cash adjustment of £6 million, which is subject to customary closing adjustments.
Flexitricity today employs over 85 people across operations, technology, engineering, finance, sales and trading.
Transaction is conditional on completion of regulatory approvals and processes. Completion is expected in Q1 2026.
Jefferies International Limited acted as financial advisor for Quinbrook Infrastructure Partners Pty Ltd. DLA Piper Group acted as legal advisor for Quinbrook Infrastructure Partners Pty Ltd. 공시 • Dec 11
Drax Group plc to Report Fiscal Year 2025 Results on Feb 26, 2026 Drax Group plc announced that they will report fiscal year 2025 results on Feb 26, 2026 공시 • Jul 31
Drax Group plc Expects to Propose A Dividend for the 2025 Financial Year, Payable on 24 October 2025 Drax Group plc expects to propose a dividend for the 2025 financial year of 29.0 pence per ordinary share, an 11.5% increase (H1-24: 10.4 pence per share), consistent with policy to pay a dividend which is sustainable and expected to grow. As has been practice, 40% of the expected full year dividend, or 11.6 pence per ordinary share will be paid as an interim dividend. The interim dividend will be paid on 24 October 2025 with a record date of 26 September 2025. 공시 • May 02
Drax Group plc Approves the Final Dividend Drax Group plc approved the final dividend of 15.6 pence per share, at the AGM held on 1 May 2025. 공시 • Mar 26
Drax Group plc (LSE:DRX) reached an agreement to acquire Harmony Energy Income Trust Plc (LSE:HEIT) for £200 million. Drax Group plc (LSE:DRX) reached an agreement to acquire Harmony Energy Income Trust Plc (LSE:HEIT) for £200 million on March 25, 2025. A cash consideration valued at £0.88 per share will be paid by Drax Group plc. The conditions outlined for the Scheme and Acquisition are comprehensive and cover various aspects necessary for the successful completion of the transaction. Here's a summary of the key conditions, The acquisition is contingent upon the Scheme becoming unconditional and effective, subject to approval by HEIT Shareholders and the Court. The Consideration will be funded from existing cash on the balance sheet and does not impact Drax's ongoing £300 million share buyback programme announced on July 26, 2024, nor its planned dividend. It was in this context, and in order to explore opportunities to maximize value to HEIT Shareholders, that the HEIT Board engaged Jones Lang LaSalle in May 2024 with a mandate to seek offers for some or all of the HEIT portfolio. The aim of this process was to demonstrate to the market the true value of the HEIT portfolio and the continuing disconnect with the share price. At the time, HEIT Shares were trading at an approximately 50 per cent. discount to the published adjusted Net Asset Value per HEIT Share. The Scheme requires approval by a majority of HEIT Shareholders, representing at least 75% of the value of shares voted at the Court Meeting and General Meeting. The acquisition may require notification and approval by the Secretary of State under the NSI Act, and all necessary regulatory approvals must be obtained. The transaction is Subject to the satisfaction waiver of the Conditions, the Acquisition is expected to become Effective around the end of Q2 2025. Chris Clarke, Darren Vickers, Will King of Panmure Liberum Capital Limited acted as financial advisor for Harmony Energy Income Trust Plc. Robert Constant, James Robinson, Alia Malik, Rupert Budge of J.P. Morgan Securities plc acted as financial advisor for Drax Group plc. Pinsent Masons act as legal advisor for Drax Group plc, Gowling WLG (UK) LLP act as legal advisor for Harmony Energy Income Trust Plc, Computershare Investor Services PLC act as registrar for Harmony Energy Income Trust Plc. 공시 • Mar 01
Drax Group plc Proposes Final Dividend for Year 2024, Payable on May 16, 2025 Drax Group plc board proposes to pay a final dividend in respect of 2024 of £57 million, equivalent to 15.6 pence per share. This will make the full-year 2024 dividend £97 million (26.0 pence per share) (2023: £89 million, 23.1 pence per share). This represents a 12.6% increase on the dividend per share paid in respect of 2023. At the Annual General Meeting on 1 May 2025, the Board will seek shareholder approval to pay a final dividend for the year ended 31 December 2024 of 15.6 pence per share. If approved, the final dividend will be paid on 16 May 2025, with a record date of 25 April 2025. 공시 • Nov 12
Drax Group plc to Report Fiscal Year 2024 Results on Feb 27, 2025 Drax Group plc announced that they will report fiscal year 2024 results on Feb 27, 2025