Director/PDMR Shareholding

RNS Number : 5337W

Drax Group PLC

22 December 2021

 

22 December 2021

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Will Gardiner, CEO and a PDMR, has notified the Company that on 22 December 2021 he sold 16,667 ordinary shares in the Company at an aggregate price of 595.0 pence per share. Following the transaction, Will Gardiner's total shareholding in the Company is 602,286 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. As at the date of announcement, there are 413,067,359 ordinary shares of 11 ¹⁶/₂₉ pence each, of which 13,841,295 ordinary shares are held in treasury. Treasury shares do not carry voting rights.

Details of PDMR / person closely associated with them ("PCA")
Name	Will Gardiner
Reason for the notification
Position / status	Group CEO
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	Sale of ordinary shares
Price(s) and volume(s)	Price(s) Volume(s) 595.0 pence per share 16,667
Aggregated information -  Aggregated volume -  Price	N/A (single transaction)
Date of the transaction	22 December 2021
Place of the transaction	London Stock Exchange

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