Transaction in Own Shares

RNS Number : 0938F

Drax Group PLC

24 October 2018

 

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:	24 October 2018
Aggregate number of ordinary shares purchased:	64,245
Lowest price paid per share:	402.20000
Highest price paid per share:	410.60000
Average price paid per share:	406.24458

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 9,731,986 shares at a cost (including dealing and associated costs) of £34,440,964.70.

Following the above transaction, the Company holds 9,731,986, of its ordinary shares in treasury and has 397,433,526 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:	64,245 (ISIN: GB00B1VNSX38)
Date of purchases:	24 October 2018
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	406.24458	64,245	402.20000	410.60000

 

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