Drax Group PLC Director/PDMR Shareholding (7742U)
July 31 2020 - 5:00AM
UK Regulatory
TIDMDRX
RNS Number : 7742U
Drax Group PLC
31 July 2020
31 July 2020
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected
Persons
Will Gardiner, a PDMR, has notified the Company that on 30 July
2020 he purchased an aggregate of 54,772 ordinary shares in the
Company at a price of 272.5 pence per share Following the
transaction, Will Gardiner's total shareholding in the Company is
467,114 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. As at the
date of announcement, there are 410,762,511 ordinary shares of 11
(16/29) pence each, of which 13,841,295 ordinary shares are held in
treasury. Treasury shares do not carry voting rights.
Details of PDMR / person closely associated with them ("PCA")
Name Will Gardiner
-------------------------------------
Reason for the notification
Position / status CEO
-------------------------------------
Initial notification Initial Notification
/ amendment
-------------------------------------
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 Ordinary shares of 11 16/29 pence
instrument GB00B1VNSX38
Identification code
-------------------------------------
Nature of the transaction Purchase of shares
-------------------------------------
Price(s) and volume(s) Price(s) Volume(s)
272.5 pence per share 54,772
----------
-------------------------------------
Aggregated information
* Aggregated volume N/A (single transaction)
* Price
-------------------------------------
Date of the transaction 2020.07.30
-------------------------------------
Place of the transaction London Stock Exchange
-------------------------------------
--ENDS--
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END
DSHRBMLTMTIJMIM
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