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Pin to quick picksDrax Regulatory News (DRX)

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Director/PDMR Shareholding

16 Jun 2025 09:00

RNS Number : 8618M
Drax Group PLC
16 June 2025
 

16 June 2025

DRAX GROUP PLC

Symbol: DRX

 

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

 

Maturity of Sharesave options

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. Paul Sheffield, a Person Discharging Managerial Responsibility, has notified the Company that on 13 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.

 

The notification is in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Paul Sheffield

2.

Reason for the notification

a)

Position / status

Chief Commercial 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)

Price(s)

Volume(s)

127.1 pence per share

23,603

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

e)

Date of the transaction

13 June 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

--ENDS--

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