Director/PDMR Shareholding

Drax Group PLC

04 September 2024

 

4 September 2024

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

On Tuesday 3 September 2024, awards over shares were made under The Drax Group plc Long Term Incentive Plan 2020 (LTIP), as part of the normal annual cycle of grants. Consequently, the share interests of the under-noted persons discharging managerial responsibility (PDMRs) have changed following the granting of these awards.

Awards made under the LTIP

The awards, made for nil consideration under the LTIP, are conditional awards and will vest over a period of up to three years subject to continued employment and to the extent any applicable performance conditions are met.

PDMR	Number of shares over which LTIP award made
Lee Dawes	54,347
Paul Sheffield	59,006

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	Lee Dawes
Reason for the notification
Position / status	Chief Operations Officer
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	Award made pursuant to the Drax Group plc Long Term Incentive Plan 2020 ("LTIP")
Price(s) and volume(s)	Price(s) Volume(s) Nil 54,347
Aggregated information -     Aggregated volume -     Price	N/A
Date of the transaction	3 September 2024
Place of the transaction	XLON

Details of PDMR / person closely associated with them ("PCA")
Name	Paul Sheffield
Reason for the notification
Position / status	Chief Commercial Officer
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	Award made pursuant to the Drax Group plc Long Term Incentive Plan 2020 ("LTIP")
Price(s) and volume(s)	Price(s) Volume(s) Nil 59,006
Aggregated information -     Aggregated volume -     Price	N/A
Date of the transaction	3 September 2024
Place of the transaction	XLON

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