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Share Price: 518.50

Bid: 516.00

Ask: 517.50

Change: 2.50 (0.48%)

Spread: 1.50 (0.291%)

Open: 516.50

High: 525.00

Low: 515.00

Prev. Close: 516.00

Last checked at -

Result of audit tender

28 Jan 2022 12:25

RNS Number : 0189A

Drax Group PLC

28 January 2022

Drax Group plc

("Drax" or the "Company"; Symbol: DRX)

RESULT OF AUDIT TENDER

The Company announces that, following the conclusion of a formal competitive tender process led by its Audit Committee, the Board has approved the proposed appointment of PricewaterhouseCoopers LLP ("PwC") as its external auditor to take effect from, and including, the financial year ending 31 December 2024.

The appointment of PwC will be recommended to shareholders for approval at Drax's Annual General Meeting in 2024. Further disclosure on the formal competitive tender process conducted by the Audit Committee will be set out in Drax's Annual Report for the financial year ended 31 December 2021 due for publication in March 2022. Deloitte LLP ("Deloitte") did not participate in the tender due to the length of its current appointment.

Subject to shareholder approval at the respective Annual General Meetings, Deloitte will continue in its role as external auditor to Drax for the financial years ending 31 December 2022 and 31 December 2023.

Contact:

Brett Gladden,Group Company Secretary,Drax Group plc

Email: Brett.Gladden@drax.com

- - ENDS - -

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END

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Date		Source	Headline
19th Nov 2018	4:56 pm	RNS	Transaction in Own Shares
16th Nov 2018	5:42 pm	RNS	Transaction in Own Shares
13th Nov 2018	4:44 pm	RNS	Transaction in Own Shares
12th Nov 2018	4:43 pm	RNS	Transaction in Own Shares
9th Nov 2018	4:46 pm	RNS	Transaction in Own Shares
8th Nov 2018	4:44 pm	RNS	Transaction in Own Shares
7th Nov 2018	4:42 pm	RNS	Transaction in Own Shares
6th Nov 2018	4:50 pm	RNS	Transaction in Own Shares
6th Nov 2018	10:47 am	RNS	Holding(s) in Company
5th Nov 2018	4:44 pm	RNS	Transaction in Own Shares
2nd Nov 2018	5:19 pm	RNS	Holding(s) in Company
2nd Nov 2018	4:49 pm	RNS	Transaction in Own Shares
1st Nov 2018	5:02 pm	RNS	Transaction in Own Shares
31st Oct 2018	4:42 pm	RNS	Transaction in Own Shares
30th Oct 2018	4:43 pm	RNS	Transaction in Own Shares
29th Oct 2018	4:53 pm	RNS	Transaction in Own Shares
25th Oct 2018	4:47 pm	RNS	Transaction in Own Shares
25th Oct 2018	7:00 am	RNS	Directorate Change
24th Oct 2018	4:43 pm	RNS	Transaction in Own Shares
23rd Oct 2018	4:48 pm	RNS	Transaction in Own Shares
22nd Oct 2018	4:46 pm	RNS	Transaction in Own Shares
19th Oct 2018	4:45 pm	RNS	Transaction in Own Shares
19th Oct 2018	3:48 pm	RNS	Holding(s) in Company
19th Oct 2018	3:47 pm	RNS	Holding(s) in Company
18th Oct 2018	4:46 pm	RNS	Transaction in Own Shares
17th Oct 2018	4:53 pm	RNS	Transaction in Own Shares
16th Oct 2018	4:44 pm	RNS	Transaction in Own Shares
16th Oct 2018	7:00 am	RNS	Drax Acquisition of UK power generation portfolio
15th Oct 2018	5:29 pm	RNS	Transaction in Own Shares
12th Oct 2018	5:09 pm	RNS	Transaction in Own Shares
11th Oct 2018	4:52 pm	RNS	Transaction in Own Shares
10th Oct 2018	4:38 pm	RNS	Transaction in Own Shares
9th Oct 2018	4:41 pm	RNS	Transaction in Own Shares
8th Oct 2018	4:48 pm	RNS	Transaction in Own Shares
5th Oct 2018	5:08 pm	RNS	Transaction in Own Shares
4th Oct 2018	4:53 pm	RNS	Transaction in Own Shares
3rd Oct 2018	4:59 pm	RNS	Transaction in Own Shares
2nd Oct 2018	4:54 pm	RNS	Transaction in Own Shares
1st Oct 2018	4:48 pm	RNS	Transaction in Own Shares
1st Oct 2018	2:04 pm	RNS	Block listing Interim Review - Bonus Matching Plan
1st Oct 2018	1:59 pm	RNS	Block listing Interim Review - Sharesave scheme
1st Oct 2018	10:04 am	RNS	Total Voting Rights
28th Sep 2018	5:02 pm	RNS	Transaction in Own Shares
27th Sep 2018	4:53 pm	RNS	Transaction in Own Shares
27th Sep 2018	4:21 pm	RNS	Holding(s) in Company
26th Sep 2018	4:46 pm	RNS	Transaction in Own Shares
25th Sep 2018	4:47 pm	RNS	Transaction in Own Shares
24th Sep 2018	5:04 pm	RNS	Transaction in Own Shares
24th Sep 2018	7:00 am	RNS	Possible acquisition
21st Sep 2018	4:57 pm	RNS	Transaction in Own Shares

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