Director/PDMR Shareholding

RNS Number : 5532D

Drax Group PLC

27 June 2019

 

27 June 2019

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

John Baxter has notified the Company that on 26 June 2019 he purchased 7,000 ordinary shares in Drax at a price of 269 pence per share. Following the transaction, Mr Baxter's total shareholding in the Company is 10,000 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 410,013,656 shares in issue at the time of the dealing.

Details of PDMR / person closely associated with them ("PCA")
Name	John Baxter
Reason for the notification
Position / status	Non-Executive Director
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
Price(s) and volume(s)	Price(s) Volume(s) 269 pence per share 7,000
Aggregated information -      Aggregated volume -      Price	7,000 £18,830.00
Date of the transaction	26.06.2019
Place of the transaction	London Stock Exchange

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