Drax Group plc (GB:DRX) has released an update.
Drax Group plc has announced the automatic vesting of Long-Term Incentive Plan (LTIP) shares to its management, with Laurie Fitzmaurice, President – Global BECCS, selling part of her awarded shares to cover tax liabilities. The transaction, which involved shares priced at 501 pence each, resulted in Fitzmaurice retaining a net amount of 10,710 shares in the company. This financial move reflects ongoing compensation and management incentives within Drax Group.
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