Director/PDMR Shareholding - Grant of SAYE options

RNS Number : 0549G

Drax Group PLC

01 May 2014

 



1 May 2014

DRAX GROUP PLC

(Symbol: DRX)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

The notifications below are all in accordance with DTR 3.1.4 R(1)(a) and DTR 3.1.4 R(1)(b).

On 30 April 2014, Grants of Options were made through the Drax Group plc Approved Savings-Related Share Option Plan (the "Plan").  The options are in respect of ordinary shares of 11 ¹⁶/₂₉ pence each in the share capital of Drax Group plc of which there were 404,699,059 shares in issue at the time of the grant.

The interests of the under-noted directors and persons discharging managerial responsibility have changed following each one being granted an option under the Plan.

The grants were made at nil consideration.

Director/PDMR	Number of Share Options Granted	Option Price (per share)	Period during which options will mature and become exercisable
Philip Hudson	1,483	606.5 pence	1 June 2017 - 30 November 2017
Tony Quinlan	1,483	606.5 pence	1 June 2017 - 30 November 2017
Matthew Rivers	1,483	606.5 pence	1 June 2017 - 30 November 2017
Dorothy Thompson	2,473	606.5 pence	1 June 2019 - 30 November 2019

Philip Hudson

Company Secretary

 

END

 

 

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