Director/PDMR Shareholding

RNS Number : 2140W

Drax Group PLC

30 July 2018

 

30 July 2018

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Andrew Koss has notified the Company that on 30 July 2018 he exercised his option over 5,633 ordinary shares in the Drax Group plc Sharesave Plan at an option price of £3.195 per share.

The total number of ordinary shares in which Andrew Koss has an interest following this acquisition is 57,746.

The information below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation 596/2014 notification and is in respect of ordinary shares of 11 ¹⁶/₂₉ pence each in the share capital of the Company of which there were 407,074,202 shares in issue at the time of the dealing.

Details of PDMR / person closely associated with them ("PCA")
Name	Andrew Koss
Reason for the notification
Position / status	Chief Executive, Drax Power
Initial notification / amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Drax Group plc
LEI	549300YPSNTXR4ZHSR98
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument Identification code	Ordinary shares of 11 16/29 pence GB00BIVNSX38
Nature of the transaction	Exercise of share options under the Drax Group plc sharesave plan
Price(s) and volume(s)	Price(s) Volume(s) £3.195 5,633
Aggregated information -      Aggregated volume -      Price
Date of the transaction	30/07/2018
Place of the transaction	Outside a trading venue

David McCallum

Company Secretary

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