The inaugural ceremony took place in London last night (2 October).
The plaque was unveiled earlier today (30 September) at the T. Rex musician's former home in Maida Vale.
The winner will be announced during the main ceremony on 12 November.
The prestigious award will be presented at a ceremony in Newcastle next month.
Eight albums will be shortlisted for the inaugural award, which will be handed out next year.
The pioneering band were celebrated during a special London event held at the site of their first ever gig.
The issue, available to read now, also delves into Robbie Williams' newly cemented 'Icon' status, the songwriting story behind 'Brat', Glastonbury and much more.
The latest additions to the Council were announced at the PRS 2025 AGM.
22 songwriters and composers picked up Ivor Novello Awards across 14 categories this year.
The shows will take place at Devonshire Square next month.
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