17 Jan 2019 16:48
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Transactions in own shares
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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.
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Date of purchase: | 17 January 2019 Â |
Aggregate number of ordinary shares purchased: | 60,000 Â |
Lowest price paid per share: | 408.60000 Â |
Highest price paid per share: | 414.80000 Â |
Average price paid per share: | 410.76376 Â |
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The Company intends to hold the purchased shares in treasury.
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Since 20 April 2018, the Company has purchased 13,752,362 shares at a cost (including dealing and associated costs) of £49,885,545.42.
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Following the above transaction, the Company holds 13,752,362, of its ordinary shares in treasury and has 393,440,806 ordinary shares in issue (excluding treasury shares).
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The table below contains detailed information about the purchases made as part of the buyback programme.
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Schedule of Purchases
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Shares purchased: | 60,000 (ISIN: GB00B1VNSX38) Â |
Date of purchases: | 17 January 2019 Â |
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 | 410.76376 | 60,000 | 408.60000 | 414.80000 |
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