1 Jun 2023 16:53
1 June 2023
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Drax Group plc
("Drax" or "the Company")
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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
OnΒ 15 April 2020, options were granted under theΒ Drax GroupΒ plc Sharesave Plan ('the Sharesave Plan').Β The 2020 three-year Sharesave Plan options matured on 1 June 2023. Penelope Small, Group Generation Director and a Person Discharging Managerial Responsibility, has notified the Company that on 1 June 2023 she exercised her options to acquire 14,162 ordinary shares at a price of 127.1 pence per share following the maturity of the Sharesave Plan.
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The information below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Penelope Small | ||||
Reason for the notification | |||||
Position / status | Group Generation Director | ||||
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 | Exercise of share options under the Drax Group plc Sharesave Plan (three-year contract) | ||||
Price(s) and volume(s) |
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Aggregated information - Aggregated volume - Price | Β N/A N/A | ||||
Date of the transaction | 1 June 2023 | ||||
Place of the transaction | XLON | ||||
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--ENDS--
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