Transaction in Own Shares

Drax Group PLC

15 September 2023

 

Transactions in own shares

Drax Group plc ("Drax Group") announces today that it has, in accordance with the terms of its share

buyback programme announced on 18 May 2023 (the "Programme") purchased the following number

of its ordinary shares of 0.115517 pence each (the "Ordinary Shares") through J.P. Morgan Securities

plc.

Date of purchase:	14 September 2023
Aggregate number of Ordinary Shares purchased:	3,370
Lowest price paid per share (p):	537.60000
Highest price paid per share (p):	540.00000
Volume weighted average price paid per share (p):	538.8969

The Company intends to hold the purchased Ordinary Shares in treasury.

Following the above transaction, Drax Group will have 424,791,087 Ordinary Shares in issue (including treasury shares). The total number of Ordinary Shares held in treasury is 40,029,392.

The total number of voting rights in Drax Group, excluding treasury shares as at 14 September 2023 is 384,761,695. This figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Drax Group under the FCA's Disclosure and Transparency Rules.

Since the announcement of the Programme on 18 May 2023, Drax Group has purchased 26,197,104 Ordinary Shares in aggregate for treasury.

For further information, please contact:

Drax Group

Mark Stafford, Head of Investor

Relations

Brett Gladden, Group Company Secretary

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market

Abuse Regulation), the table below contains a breakdown of the individual trades made by J.P. Morgan

Aggregate information:

Venue	Volume-weighted average price (GBp)	Aggregated volume	Lowest price per share (GBp)	Highest price per share (GBp)
London Stock Exchange	538.8969	3,370	537.60000	540.00000

Individual transactions:

Transaction Date and Time	Number of shares purchased	Transaction price per share (pence)	Venue	Transaction Reference Number
14-Sep-2023 08:10:39	218	540.0000	XLON	64002640000001047-E0FwSewyxwyg20230914
14-Sep-2023 08:49:02	201	539.8000	XLON	64002640000001976-E0FwSewyya0Y20230914
14-Sep-2023 09:06:32	311	539.8000	XLON	60002600000002816-E0FwSewyyoqO20230914
14-Sep-2023 09:06:32	192	539.6000	XLON	60002600000002780-E0FwSewyyoqf20230914
14-Sep-2023 09:06:32	178	539.4000	XLON	64002640000002590-E0FwSewyyoqo20230914
14-Sep-2023 09:06:32	4	539.4000	XLON	64002640000002590-E0FwSewyyor320230914
14-Sep-2023 09:15:38	101	539.0000	XLON	64002640000003081-E0FwSewyywW120230914
14-Sep-2023 09:15:38	117	539.0000	XLON	64002640000003081-E0FwSewyywVz20230914
14-Sep-2023 09:16:36	255	537.6000	XLON	60002600000002864-E0FwSewyyxIu20230914
14-Sep-2023 09:16:36	182	537.6000	XLON	64002640000002859-E0FwSewyyxIw20230914
14-Sep-2023 09:32:03	182	537.8000	XLON	64002640000003498-E0FwSewyzBGL20230914
14-Sep-2023 09:34:32	218	537.6000	XLON	60002600000003444-E0FwSewyzE1Z20230914
14-Sep-2023 09:36:39	183	538.4000	XLON	64002640000003671-E0FwSewyzFmm20230914
14-Sep-2023 09:37:30	190	538.0000	XLON	60002600000003683-E0FwSewyzGFT20230914
14-Sep-2023 09:41:59	201	538.0000	XLON	64002640000003778-E0FwSewyzKFq20230914
14-Sep-2023 09:50:46	273	539.4000	XLON	64002640000003977-E0FwSewyzT5P20230914
14-Sep-2023 09:53:07	182	540.0000	XLON	64002640000004054-E0FwSewyzVER20230914
14-Sep-2023 09:54:08	182	540.0000	XLON	64002640000004074-E0FwSewyzVyX20230914

 

END