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DRA - DRA Global

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DRA Global is a diversified multi-disciplinary global engineering, project management and operations management group in the mining services sector. DRA has expertise in mining and mineral and metals processing, specifically in respect of project development, engineering, delivery and commissioning, as well as ongoing advisory, operations and maintenance services. The Company also offers the design and implementation of associated non-process infrastructure as well as water and energy for projects.

Core activities include:
  • Project development services: Concept development, preliminary economic assessment, feasibility studies and front-end engineering design
  • Project delivery and execution services: Engineering design, project management, procurement, construction management and commissioning
  • Operations and maintenance (O&M) services: Operational readiness, asset integrity management, maintenance, process optimisation, outsourced operations and maintenance and systems/Advisory services: Technical specialists, early-stage project development, project economics, remote consulting, support and optimisation.
DRA is headquartered in Perth, Australia and has 20 offices across two regionally based segments:
  • Asia-Pacific, North and South America (APAC/AMER); and
  • Europe, Middle East and Africa (EMEA).
It is anticipated that DRA will list on the ASX during July 2021.

 
Listing date (?) June 2021 11:00AM AEST ##
Company contact detailshttps://www.draglobal.com/
Ph: 08 6163 5900
Principal ActivitiesDRA is headquartered in Perth, Australia, and has offices across three geographic regions: Europe, the Middle East and Africa (EMEA), Australia and the Asia Pacific (APAC) and North and South America (AMER). DRA manages its operations and reports of its results as two operating regions (i) EMEA and (ii) APAC/AMER.
GICS industry groupTBA
Issue Price$3.95
Issue TypeOrdinary Fully Paid Shares
Security codeDRA
Capital to be Raised$20,000,000
Expected offer close date24 June 2021
UnderwriterFully underwritten. Wilsons Corporate Finance Limited (Underwriter and Lead Manager)
 
DRA finally came to market, a bit late. Trading opened at $4.00 on Friday and has stayed above the IPO price since.
 
DRA Global Limited (DRA) was removed from the ASX's Official List at the close of trading on Monday, 6 January 2025 at the request of DRA, under Listing Rule 17.11, after security holders resolved to remove DRA from the Official List.
 
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