30 Jun 2025 09:00
30 June 2025
DRAX GROUP PLC
Symbol: DRX
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Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
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Maturity of Sharesave options
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On 15 April 2020, options were granted under the Drax Group plc Sharesave Plan (the 'Sharesave Plan'). The 2020 five-year Sharesave Plan options matured on 1 June 2025. Andy Skelton, a Person Discharging Managerial Responsibility, has notified the Company that on 27 June 2025 he exercised his option to acquire 23,603 ordinary shares at a price of 127.1 pence per share following the maturity of the Sharesave Plan.
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The notification is in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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1. | Details of PDMR / person closely associated with them ("PCA") | |||||
a) | Name | Andy Skelton | ||||
2. | Reason for the notification | |||||
a) | Position / status | Chief Financial Officer | ||||
b) | Initial notification / amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Drax Group plc | ||||
b) | LEI | 549300YPSNTXR4ZHSR98 | ||||
4. | 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 | |||||
a) | Description of the financial instrument Identification code | Ordinary shares of 11 16/29 pence GB00BIVNSX38 | ||||
b) | Nature of the transaction | Maturity of options pursuant to the Drax Group plc Sharesave Plan Rules | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Ā N/A | ||||
e) | Date of the transaction | 27 June 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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