2 May 2019 11:02
02 May 2019
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
Jonathan Kini has notified the Company that on 01 May 2019 he exercised an option under the Drax Group plc Sharesave Plan to purchase 8,866 shares at a price of £2.03 per share. Following the transaction, Mr Kini's total shareholding in the Company is 37,299 ordinary shares.
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 of which there were 407,951,676 shares in issue at the time of the dealing.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | Jonathan Kini | ||||
Reason for the notification | |||||
Position / status | CEO Drax Retail | ||||
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 | Purchase of shares under the Drax Group plc Sharesave Plan | ||||
Price(s) and volume(s) |
| ||||
Aggregated information - Aggregated volume - Price |
8,866
£17,997.98 | ||||
Date of the transaction | 2019.05.01 | ||||
Place of the transaction | Outside of a trading venue | ||||
--ENDS--
Drax (DRX)