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Drax Group Plc (DRX)

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Wednesday 11 July, 2018

Drax Group Plc

Transaction in Own Shares

RNS Number : 3716U
Drax Group PLC
11 July 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:

11 July 2018

 

Aggregate number of ordinary shares purchased:

72,994

 

Lowest price paid per share:

355.20000

 

Highest price paid per share:

362.40000

 

Average price paid per share:

358.94105

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 4,534,877 shares at a cost (including dealing and associated costs) of £14,984,146.49.

 

Following the above transaction, the Company holds 4,534,877, of its ordinary shares in treasury and has 402,538,325 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:

72,994 (ISIN: GB00B1VNSX38)

 

Date of purchases:

11 July 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

358.94105

72,994

355.20000

362.40000

 


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