Last checked at 1 Apr 2020 09:00
1 April 2020
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
Will Gardiner and Andy Skelton, each a PDMR, have notified the Company that they have purchased ordinary shares in the Company.
Will Gardiner has notified the Company that on 31 March 2020 he purchased 97,500 ordinary shares in the Company at a price of 153.07 pence per share. Following the transaction, Will Gardiner's total shareholding in the Company is 389,046 shares.
Andy Skelton has notified the Company that on 31 March 2020 he purchased 50,824 ordinary shares in the Company at a price of 156.62 pence per share. Following the transaction, Andy Skelton's total shareholding in the Company is 82,074 shares.
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. As at the date of announcement, there are 410,571,755 ordinary shares of 11 16/29 pence each, of which 13,841,295 ordinary shares are held in treasury. Treasury shares do not carry voting rights.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Will Gardiner | ||||
Reason for the notification | |||||
Position / status | Group CEO | ||||
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 | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
Date of the transaction | 2020.03.31 | ||||
Place of the transaction | London Stock Exchange | ||||
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Andy Skelton | ||||
Reason for the notification | |||||
Position / status | CFO | ||||
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 | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A (single transaction) | ||||
Date of the transaction | 2020.03.31 | ||||
Place of the transaction | London Stock Exchange | ||||
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