Director/PDMR Shareholding

Drax Group PLC

01 June 2023

 

1 June 2023

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Maturity of Sharesave options

On 15 April 2020, options were granted under the Drax Group plc Sharesave Plan ('the Sharesave Plan'). The 2020 three-year Sharesave Plan options matured on 1 June 2023. Penelope Small, Group Generation Director and a Person Discharging Managerial Responsibility, has notified the Company that on 1 June 2023 she exercised her options to acquire 14,162 ordinary shares at a price of 127.1 pence per share following the maturity of the Sharesave Plan.

The information below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

Details of PDMR / person closely associated with them ("PCA")
Name	Penelope Small
Reason for the notification
Position / status	Group Generation 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	Exercise of share options under the Drax Group plc Sharesave Plan (three-year contract)
Price(s) and volume(s)	Price(s) Volume(s) 127.1 pence per share 14,162
Aggregated information -     Aggregated volume -     Price	N/A N/A
Date of the transaction	1 June 2023
Place of the transaction	XLON

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