Sign In
Last checked at 
17 Apr 2020 09:00
17 April 2020
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
On 15 April 2020, Grants of Options were made through the Drax Group plc Sharesave Plan ('the Sharesave Plan'). The interests of the under-noted Director and Persons Discharging Managerial Responsibility have changed following each one being granted an option under the Sharesave Plan.
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 Chief Executive | ||||
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 | Grant of share options under the Drax Group plc Sharesave Plan (5 year contract)* | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A
N/A | ||||
Date of the transaction | 2020.04.15 | ||||
Place of the transaction | Outside a trading venue | ||||
* Note, Will Gardiner cancelled a 2016 5 year Sharesave contract on the 30th March 2020.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Andrew Skelton | ||||
Reason for the notification | |||||
Position / status | Chief Financial Officer | ||||
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 | Grant of share options under the Drax Group plc Sharesave Plan (5 year contract)* | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A
N/A | ||||
Date of the transaction | 2020.04.15 | ||||
Place of the transaction | Outside a trading venue | ||||
*Note, Andy Skelton cancelled a 2019 5 year Sharesave contract on the 31st March 2020.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Clare Harbord | ||||
Reason for the notification | |||||
Position / status | Group Director of Corporate Affairs | ||||
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 | Grant of share options under the Drax Group plc Sharesave Plan (3 year contract)* | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A
N/A | ||||
Date of the transaction | 2020.04.15 | ||||
Place of the transaction | Outside a trading venue | ||||
*Note, Clare Harbord cancelled a 2019 5 year Sharesave contract on the 31st March 2020.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Jason Shipstone | ||||
Reason for the notification | |||||
Position / status | Chief Innovation Officer | ||||
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 | Grant of share options under the Drax Group plc Sharesave Plan (5 year contract)* | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A
N/A | ||||
Date of the transaction | 2020.04.15 | ||||
Place of the transaction | Outside a trading venue | ||||
* Note, Jason Shipstone cancelled a 2019 5 year Sharesave contract on the 30th March 2020.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Penny Small | ||||
Reason for the notification | |||||
Position / status | Chief Transformation Officer | ||||
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 | Grant of share options under the Drax Group plc Sharesave Plan (3 year contract)* | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A
N/A | ||||
Date of the transaction | 2020.04.15 | ||||
Place of the transaction | Outside a trading venue | ||||
*Note, Penny Small cancelled a 2019 3 year Sharesave contract on the 24th March 2020.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Paul Sheffield | ||||
Reason for the notification | |||||
Position / status | Managing Director, Customers | ||||
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 | Grant of share options under the Drax Group plc Sharesave Plan (5 year contract)* | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A
N/A | ||||
Date of the transaction | 2020.04.15 | ||||
Place of the transaction | Outside a trading venue | ||||
*Note, Paul Sheffield cancelled a 2018 3 year Sharesave contract on the 26th March 2020.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Esa Heiskanen | ||||
Reason for the notification | |||||
Position / status | EVP Capital Projects | ||||
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 | Grant of share options under the Drax Group plc Sharesave Plan (5 year contract) | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
N/A
N/A | ||||
Date of the transaction | 2020.04.15 | ||||
Place of the transaction | Outside a trading venue | ||||
--ENDS--
Follow the stocks
