Transaction in Own Shares

RNS Number : 5758N

Drax Group PLC

09 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:	9 May 2018
Aggregate number of ordinary shares purchased:	80,880
Lowest price paid per share:	316.40000
Highest price paid per share:	332.60000
Average price paid per share:	323.93538

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 1,093,587 shares at a cost (including dealing and associated costs) of £3,427,714.42.

Following the above transaction, the Company holds 1,093,587, of its ordinary shares in treasury and has 405,945,988 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:	80,880 (ISIN: GB00B1VNSX38)
Date of purchases:	9 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	323.93538	80,880	316.40000	332.60000

 

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