Transaction in Own Shares

RNS Number : 9480M

Drax Group PLC

02 May 2018

 

Transactions in own shares

Drax Group plc (the Company) announces today it has purchased the following number of its ordinary shares of 11 16/29 pence each through J.P. Morgan Securities plc.

Date of purchase:	2 May 2018
Aggregate number of ordinary shares purchased:	82,660
Lowest price paid per share:	314.40000
Highest price paid per share:	320.00000
Average price paid per share:	316.95879

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 764,041 shares at a cost (including dealing and associated costs) of £2,374,476.70.

Following the above transaction, the Company holds 764,041, of its ordinary shares in treasury and has 406,275,534 ordinary shares in issue (excluding treasury shares).

The table below contains detailed information about the purchases made as part of the buyback programme.

Schedule of Purchases

Shares purchased:	82,660 (ISIN: GB00B1VNSX38)
Date of purchases:	2 May 2018
Investment firm:	J.P. Morgan Securities plc

Aggregate information:

Venue	Volume-weighted average price (GBp)	Aggregated volume	Lowest price per share (GBp)	Highest price per share (GBp)
London Stock Exchange	316.95879	82,660	314.40000	320.00000

 

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