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Latest Share Chat

Transaction in Own Shares

1 Oct 2018 16:48

RNS Number : 5955C
Drax Group PLC
01 October 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:

1 October 2018

 

Aggregate number of ordinary shares purchased:

67,102

 

Lowest price paid per share:

385.00000

 

Highest price paid per share:

394.20000

 

Average price paid per share:

389.17342

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 8,586,885 shares at a cost (including dealing and associated costs) of £29,983,504.29.

 

Following the above transaction, the Company holds 8,586,885, of its ordinary shares in treasury and has 398,540,823 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:

67,102 (ISIN: GB00B1VNSX38)

 

Date of purchases:

1 October 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

389.17342

67,102

385.00000

394.20000

 

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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