Director/PDMR Shareholding

RNS Number : 6571J

Drax Group PLC

03 April 2018

 

3 April 2018

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

On 28 March 2018, Grants of Options were made through the Drax Group plc Sharesave Plan (the "Plan").  The interests of the under-noted director and PDMR have changed following each one being granted an option under the Plan.

The information below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation 596/2014 notification and is in respect of ordinary shares of 11 ¹⁶/₂₉ pence each in the share capital of the Company of which there were 407,034,896 shares in issue at the time of the dealing.

Details of PDMR / person closely associated with them ("PCA")
Name	Andrew Koss
Reason for the notification
Position / status	Chief Executive, Drax Power
Initial notification / amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Drax Group plc
LEI	549300YPSNTXR4ZHSR98
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument Identification code	Ordinary shares of 11 16/29 pence GB00BIVNSX38
Nature of the transaction	Grant of share options under the Drax Group plc Sharesave Plan
Price(s) and volume(s)	Price(s) Volume(s) 210.5 pence per share 8,551
Aggregated information -      Aggregated volume -      Price
Date of the transaction	2018.03.28
Place of the transaction	Outside a trading venue

Details of PDMR / person closely associated with them ("PCA")
Name	Clare Harbord
Reason for the notification
Position / status	Director of Corporate Affairs, Drax Group plc
Initial notification / amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Drax Group plc
LEI	549300YPSNTXR4ZHSR98
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument Identification code	Ordinary shares of 11 16/29 pence GB00BIVNSX38
Nature of the transaction	Grant of share options under the Drax Group plc Sharesave Plan
Price(s) and volume(s)	Price(s) Volume(s) 210.5 pence per share 14,251
Aggregated information -      Aggregated volume -      Price
Date of the transaction	2018.03.28
Place of the transaction	Outside a trading venue

David McCallum

Company Secretary

--ENDS--

 

END

 

 

DSHIJMTTMBMMBAP