Transaction in Own Shares

Drax Group PLC

12 November 2024

 

12 November 2024

Drax Group plc

Transaction in own shares

Drax Group plc ("Drax Group") announces that, in accordance with the terms of its share buyback programme (the "Programme") announced on 7 August 2024, it has purchased the following number of its ordinary shares of 11 ¹⁶/₂₉ pence each ("Ordinary Shares") through RBC Europe Limited.

Date of Purchase	12 November 2024
Number of ordinary shares purchased	2,082
Weighted average price paid (p)	664.06
Highest price paid (p)	666.00
Lowest price paid (p)	660.50

Following the above transaction, Drax Group will have 427,736,480 Ordinary Shares in issue (including treasury shares). The total number of Ordinary Shares held in treasury is 52,247,214.

The total number of voting rights in Drax Group, excluding treasury shares as at 12 November 2024 is 375,489,266. 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 7 August 2024, Drax Group has purchased 12,160,017 Ordinary Shares in aggregate for treasury.

Contact at Drax Group
Mark Stafford, Head of Investor Relations Tel: [phone]

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made by RBC Europe Limited on behalf of Drax Group as part of the Programme is detailed below:

Aggregate information: 

Venue	Weighted Average Price (pence per share)	Aggregated Volume
CHIX	664.06	2,082
XLON	0.00	0
Aquis	0.00	0
BATE	0.00	0
TRQX	0.00	0

Individual transactions:

Transaction Time	Volume	Price	Platform	Transaction Reference
08:04:53	78	666.0	CHIX	00274009733TRLO0
08:04:53	168	666.0	CHIX	00274009734TRLO0
08:05:06	241	664.5	CHIX	00274009786TRLO0
08:07:41	239	666.0	CHIX	00274010291TRLO0
08:09:08	235	665.0	CHIX	00274011050TRLO0
08:09:11	213	663.5	CHIX	00274011100TRLO0
08:10:15	220	663.0	CHIX	00274011432TRLO0
08:11:10	215	660.5	CHIX	00274011631TRLO0
08:13:15	233	665.5	CHIX	00274012247TRLO0
08:13:29	240	662.0	CHIX	00274012298TRLO0

 

END