2 May 2019 11:02
02 May 2019
Â
Â
Drax Group plc
("Drax" or "the Company")
Â
Symbol: DRX
Â
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
Â
Jonathan Kini has notified the Company that on 01 May 2019 he exercised an option under the Drax Group plc Sharesave Plan to purchase 8,866 shares at a price of £2.03 per share. Following the transaction, Mr Kini's total shareholding in the Company is 37,299 ordinary shares.
Â
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 407,951,676 shares in issue at the time of the dealing.
Â
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Jonathan Kini | ||||
Reason for the notification | |||||
Position / status | CEO Drax Retail | ||||
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 GB00B1VNSX38 | ||||
Nature of the transaction | Purchase of shares under the Drax Group plc Sharesave Plan | ||||
Price(s) and volume(s) |
  | ||||
Aggregated information - Aggregated volume - Price |  8,866  £17,997.98 | ||||
Date of the transaction | 2019.05.01 | ||||
Place of the transaction | Outside of a trading venue |
Â
Â
--ENDS--
Â