Transaction in Own Shares

RNS Number : 3073N

Drax Group PLC

16 January 2019

 

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:	16 January 2019
Aggregate number of ordinary shares purchased:	72,401
Lowest price paid per share:	402.20000
Highest price paid per share:	411.60000
Average price paid per share:	408.35223

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 13,692,362 shares at a cost (including dealing and associated costs) of £49,637,853.87.

Following the above transaction, the Company holds 13,692,362, of its ordinary shares in treasury and has 393,500,806 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:	72,401 (ISIN: GB00B1VNSX38)
Date of purchases:	16 January 2019
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	408.35223	72,401	402.20000	411.60000

 

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