Last checked at 27 Sep 2017 13:27
27 September 2017
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
Andy Koss has notified the Company that on 26 September 2017 he purchased 15,000 ordinary shares in Drax at a price of 307.45 pence per share.
Following this transaction, Andy Koss has a beneficial interest in 52,113 shares in the Company.
Will Gardiner has notified the Company that on 26 September 2017 he purchased 16,046 ordinary shares in Drax at a price of 311.57 pence per share.
Following this transaction, Will Gardiner has a beneficial interest in 57,392 shares in the Company.
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 406,862,155 shares in issue at the time of the dealing.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Andy Koss | ||||
Reason for the notification | |||||
Position / status | Chief Executive, Drax Power Limited | ||||
Initial notification / amendment | Initial Notification | ||||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
Name | Drax Group plc | ||||
LEI | n/a | ||||
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 GB00BIVNSX38 | ||||
Nature of the transaction | Purchase of shares | ||||
Price(s) and volume(s) |
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Aggregated information - Aggregated volume - Price |
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Date of the transaction | 2017-09-26 | ||||
Place of the transaction | London Stock Exchange | ||||
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Will Gardiner | ||||
Reason for the notification | |||||
Position / status | Chief Financial Officer, Drax Group plc | ||||
Initial notification / amendment | Initial Notification | ||||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
Name | Drax Group plc | ||||
LEI | n/a | ||||
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 GB00BIVNSX38 | ||||
Nature of the transaction | Purchase of shares | ||||
Price(s) and volume(s) |
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Aggregated information - Aggregated volume - Price |
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Date of the transaction | 2017-09-26 | ||||
Place of the transaction | London Stock Exchange | ||||
David McCallum
Company Secretary
--ENDS--