Transaction in Own Shares

RNS Number : 5575N

Drax Group PLC

18 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:	18 January 2019
Aggregate number of ordinary shares purchased:	45,015
Lowest price paid per share:	407.80000
Highest price paid per share:	413.60000
Average price paid per share:	411.23235

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 13,797,377 shares at a cost (including dealing and associated costs) of £50,071,588.24.

Following the above transaction, the Company holds 13,797,377, of its ordinary shares in treasury and has 393,395,791 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:	45,015 (ISIN: GB00B1VNSX38)
Date of purchases:	18 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	411.23235	45,015	407.80000	413.60000

 

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