21 Dec 2018 14:29
21 December 2018
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
David Nussbaum has notified the Company that on 21 December 2018 he sold 7,500 ordinary shares in Drax at a price of 358.1 pence per share.
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 407,193,168 shares in issue at the time of the dealing.
Details of PDMR / person closely associated with them ("PCA") | |||||
Name | David Nussbaum | ||||
Reason for the notification | |||||
Position / status | Independent Non-Executive Director | ||||
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 | Sale of shares | ||||
Price(s) and volume(s) |
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Aggregated information - Aggregated volume - Price |
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Date of the transaction | 2018.12.21 | ||||
Place of the transaction | London Stock Exchange | ||||
David McCallum
Company Secretary
--ENDS--
Drax (DRX)