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Regulatory News


Transaction in Own Shares

Fri, 11th Jan 2019 16:48


RNS Number : 9293M
Drax Group PLC
11 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:

11 January 2019

Aggregate number of ordinary shares purchased:

28,844

Lowest price paid per share:

389.00000

Highest price paid per share:

390.80000

Average price paid per share:

390.08342

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 13,591,058 shares at a cost (including dealing and associated costs) of 49,226,464.03.

Following the above transaction, the Company holds 13,591,058, of its ordinary shares in treasury and has 393,602,110 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:

28,844 (ISIN: GB00B1VNSX38)

Date of purchases:

11 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

390.08342

28,844

389.00000

390.80000


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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Related Shares:
Drax Group (DRX)



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