Director/PDMR Shareholding
14 March 2011
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) and the dealings were in respect of ordinary shares of 11 16/29 pence each in the share capital of Drax Group plc of which there were 364,859,988 shares in issue at the time of the dealings.
On 7 March 2011, share awards were made through the Drax Bonus Matching Plan (the "Plan").
The share interests of the under-noted directors and persons discharging managerial responsibility have changed following each one receiving Matching Awards and Deferred Awards under the Plan.
The awards were made at nil consideration.
Performance for the 2011 Plan awards will be measured over the three financial years from 1 January 2011, with potential vesting in March 2014.
|
Director/PDMR |
Number of Matching Shares Awarded |
Number of Deferred Shares Awarded |
|
Peter Emery |
125,660 |
20,943 |
|
Tony Quinlan |
152,588 |
25,431 |
|
Dorothy Thompson |
243,093 |
40,515 |
Philip Hudson
Company Secretary
--ENDS--
This information is provided by RNS