In a notable example of internal investment, Edward Westropp, the Head of Business Development and Corporate Affairs at Amaroq Minerals, has been singled out for substantial recognition through the company’s financial assets. The London based executive has been granted a hefty package of Restricted Share Units (RSUs), in a high-significance corporate activity.
The generous grant came in accordance with the Company’s RSU Plan, a strategy of incentivizing, rewarding and thus retaining valuable leadership. The transaction in question was carried out on March 28, 2025, demonstrating the timely execution of the company’s incentive scheme.
The renowned energy giant Drax Group has taken a significant step towards bolstering shareholder value. In a considerable move, the group has announced the purchase of 366,669 of its own ordinary shares. The acquisition is in line with the company’s commitment to its Share Buyback Programme, which was announced in 2024.
Conducted through RBC Europe Limited, the average price paid for each share was 593.42 pence, with the maximum price paid being 597.00 pence per share and the minimum 590.50 pence. This dynamic investment reflects Drax Group’s robust strategic vision towards corporate financial health.
Following this large-scale transaction, Drax Group now holds 429,561,219 Ordinary Shares, inclusive of treasury shares. The total number of Ordinary Shares parked in treasury now stands at a striking 68,937,719. The total number of voting rights in Drax Group, excluding treasury shares, is now 360,623,500.