Director/PDMR Shareholding

RNS Number : 9004X

Drax Group PLC

02 May 2019

 

02 May 2019

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Jonathan Kini has notified the Company that on 01 May 2019 he exercised an option under the Drax Group plc Sharesave Plan to purchase 8,866 shares at a price of £2.03 per share. Following the transaction, Mr Kini's total shareholding in the Company is 37,299 ordinary shares.

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 407,951,676 shares in issue at the time of the dealing.

Details of PDMR / person closely associated with them ("PCA")
Name	Jonathan Kini
Reason for the notification
Position / status	CEO Drax Retail
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 GB00B1VNSX38
Nature of the transaction	Purchase of shares under the Drax Group plc Sharesave Plan
Price(s) and volume(s)	Price(s) Volume(s) 203 pence per share 8,866
Aggregated information -      Aggregated volume -      Price	8,866 £17,997.98
Date of the transaction	2019.05.01
Place of the transaction	Outside of a trading venue

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