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Pin to quick picksDrax Regulatory News (DRX)

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Transaction in Own Shares

30 May 2018 17:14

RNS Number : 7451P
Drax Group PLC
30 May 2018
 

 

Transactions in own shares

 

Drax Group plc (the Company) announces today it has purchased the following number of its ordinary shares of 11 16/29 pence each through J.P. Morgan Securities plc.

 

Date of purchase:

30 May 2018

 

Aggregate number of ordinary shares purchased:

79,716

 

Lowest price paid per share:

326.80000

 

Highest price paid per share:

330.80000

 

Average price paid per share:

328.42468

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 2,166,491 shares at a cost (including dealing and associated costs) of £7,111,933.16.

 

Following the above transaction, the Company holds 2,166,491, of its ordinary shares in treasury and has 404,887,059 ordinary shares in issue (excluding treasury shares).

 

The table below contains detailed information about the purchases made as part of the buyback programme.

 

Schedule of Purchases

 

Shares purchased:

79,716 (ISIN: GB00B1VNSX38)

 

Date of purchases:

30 May 2018

 

Investment firm:

J.P. Morgan Securities plc

 

Aggregate information:

Venue

Volume-weighted average price (GBp)

Aggregated volume

Lowest price per share (GBp)

Highest price per share (GBp)

London Stock Exchange

328.42468

79,716

326.80000

330.80000

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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