Transaction in Own Shares

RNS Number : 0614N
Drax Group PLC
14 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:

14 January 2019

 

Aggregate number of ordinary shares purchased:

9,876

 

Lowest price paid per share:

389.40000

 

Highest price paid per share:

397.00000

 

Average price paid per share:

394.15016

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 13,600,934 shares at a cost (including dealing and associated costs) of £49,265,585.93.

 

Following the above transaction, the Company holds 13,600,934, of its ordinary shares in treasury and has 393,592,234 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:

9,876 (ISIN: GB00B1VNSX38)

 

Date of purchases:

14 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

394.15016

9,876

389.40000

397.00000

 


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Drax Group (DRX)
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