21 Dec 2018 14:29
21 December 2018
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Drax Group plc
("Drax" or "the Company")
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Symbol: DRX
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Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
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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.
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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.
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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 | Â Â Â | ||||
Date of the transaction | 2018.12.21 | ||||
Place of the transaction | London Stock Exchange |
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David McCallum
Company Secretary
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--ENDS--
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