ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

DRX Drax Group Plc

501.00
6.40 (1.29%)
Last Updated: 10:32:13
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Drax Group Plc LSE:DRX London Ordinary Share GB00B1VNSX38 ORD 11 16/29P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.40 1.29% 501.00 500.00 501.00 505.50 496.00 499.20 154,572 10:32:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 8.13B 562.2M 1.4615 3.43 1.93B

Drax Group PLC Director/PDMR Shareholding (4612F)

17/05/2017 4:10pm

UK Regulatory


Drax (LSE:DRX)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Drax Charts.

TIDMDRX

RNS Number : 4612F

Drax Group PLC

17 May 2017

17 May 2017

DRAX GROUP PLC

Symbol: DRX

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

The notifications below are all in accordance with the requirements of Article 19 (3) of the EU Market Abuse Regulation 596/2014 and the dealings were in respect of ordinary shares of 11 (16) /(29) pence each in the share capital of Drax Group plc.

On 15 May 2017, Awards over shares were made under the Drax Group plc Performance Share Plan (the "Plan"), consequently, the share interests of the under-noted directors and persons discharging managerial responsibility have changed following the making of the Awards.

The Awards, made for nil consideration, are conditional awards and vesting is subject to performance conditions (relative total shareholder return (50% of each Award) and average corporate balanced scorecard (50% of each Award)) established in accordance with the rules of the Plan and measured over a three year period commencing on 1 January 2017.

 
 Director/PDMR           Number of 
                      shares over which 
                         Awards made 
------------------  ------------------- 
 Will Gardiner            213,326 
------------------  ------------------- 
 Clare Harbord             76,235 
------------------  ------------------- 
 Jonathan Kini             70,136 
------------------  ------------------- 
 Andy Koss                169,567 
------------------  ------------------- 
 Pete Madden               90,443 
------------------  ------------------- 
 Dorothy Thompson         313,956 
------------------  ------------------- 
 

There were 406,851,207 shares in issue at the time of this notification.

The information below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------ 
 a)   Name                            Will Gardiner 
---  ------------------------------  ---------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------ 
 a)   Position                        Group Chief Financial Officer 
       / status 
---  ------------------------------  ---------------------------------- 
 b)   Initial notification            Initial Notification 
       / amendment 
---  ------------------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                            Drax Group plc 
---  ------------------------------  ---------------------------------- 
 b)   LEI                             n/a 
---  ------------------------------  ---------------------------------- 
 4.   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 
---  ------------------------------------------------------------------ 
 a)   Description                     Ordinary shares of 11 16/29 
       of the financial                pence 
       instrument                      GB00BIVNSX38 
       Identification 
       code 
---  ------------------------------  ---------------------------------- 
 b)   Nature of                       Awards made pursuant to the 
       the transaction                 Drax Group plc Performance Share 
                                       Plan ("PSP") 
---  ------------------------------  ---------------------------------- 
 c)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        nil         213,326 
                                       ----------  ---------- 
---  ------------------------------  ---------------------------------- 
 d)        Aggregated 
            information 
             *    Aggregated volume     213,326 
 
 
             *    Price                 nil 
---  ------------------------------  ---------------------------------- 
 e)   Date of the                     2017-05-15 
       transaction 
---  ------------------------------  ---------------------------------- 
 f)   Place of                        Outside a trading venue 
       the transaction 
---  ------------------------------  ---------------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------ 
 a)   Name                            Clare Harbord 
---  ------------------------------  ---------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------ 
 a)   Position                        Director of Corporate Affairs 
       / status 
---  ------------------------------  ---------------------------------- 
 b)   Initial notification            Initial Notification 
       / amendment 
---  ------------------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                            Drax Group plc 
---  ------------------------------  ---------------------------------- 
 b)   LEI                             n/a 
---  ------------------------------  ---------------------------------- 
 4.   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 
---  ------------------------------------------------------------------ 
 a)   Description                     Ordinary shares of 11 16/29 
       of the financial                pence 
       instrument                      GB00BIVNSX38 
       Identification 
       code 
---  ------------------------------  ---------------------------------- 
 b)   Nature of                       Awards made pursuant to the 
       the transaction                 Drax Group plc Performance Share 
                                       Plan ("PSP") 
---  ------------------------------  ---------------------------------- 
 c)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        nil         76,235 
                                       ----------  ---------- 
---  ------------------------------  ---------------------------------- 
 d)        Aggregated 
            information 
             *    Aggregated volume     76,235 
                                        Nil 
 
             *    Price 
---  ------------------------------  ---------------------------------- 
 e)   Date of the                     2017-05-15 
       transaction 
---  ------------------------------  ---------------------------------- 
 f)   Place of                        Outside a trading venue 
       the transaction 
---  ------------------------------  ---------------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------ 
 a)   Name                            Jonathan Kini 
---  ------------------------------  ---------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------ 
 a)   Position                        Chief Executive, Drax Retail 
       / status 
---  ------------------------------  ---------------------------------- 
 b)   Initial notification            Initial Notification 
       / amendment 
---  ------------------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                            Drax Group plc 
---  ------------------------------  ---------------------------------- 
 b)   LEI                             n/a 
---  ------------------------------  ---------------------------------- 
 4.   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 
---  ------------------------------------------------------------------ 
 a)   Description                     Ordinary shares of 11 16/29 
       of the financial                pence 
       instrument                      GB00BIVNSX38 
       Identification 
       code 
---  ------------------------------  ---------------------------------- 
 b)   Nature of                       Awards made pursuant to the 
       the transaction                 Drax Group plc Performance Share 
                                       Plan ("PSP") 
---  ------------------------------  ---------------------------------- 
 c)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        nil         70,136 
                                       ----------  ---------- 
---  ------------------------------  ---------------------------------- 
 d)        Aggregated 
            information 
             *    Aggregated volume     70,136 
                                        nil 
 
             *    Price 
---  ------------------------------  ---------------------------------- 
 e)   Date of the                     2017-05-15 
       transaction 
---  ------------------------------  ---------------------------------- 
 f)   Place of                        Outside a trading venue 
       the transaction 
---  ------------------------------  ---------------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------ 
 a)   Name                            Andy Koss 
---  ------------------------------  ---------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------ 
 a)   Position                        Chief Executive, Drax Power 
       / status 
---  ------------------------------  ---------------------------------- 
 b)   Initial notification            Initial Notification 
       / amendment 
---  ------------------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                            Drax Group plc 
---  ------------------------------  ---------------------------------- 
 b)   LEI                             n/a 
---  ------------------------------  ---------------------------------- 
 4.   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 
---  ------------------------------------------------------------------ 
 a)   Description                     Ordinary shares of 11 16/29 
       of the financial                pence 
       instrument                      GB00BIVNSX38 
       Identification 
       code 
---  ------------------------------  ---------------------------------- 
 b)   Nature of                       Awards made pursuant to the 
       the transaction                 Drax Group plc Performance Share 
                                       Plan ("PSP") 
---  ------------------------------  ---------------------------------- 
 c)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        nil         169,567 
                                       ----------  ---------- 
---  ------------------------------  ---------------------------------- 
 d)        Aggregated 
            information 
             *    Aggregated volume     169,567 
                                        nil 
 
             *    Price 
---  ------------------------------  ---------------------------------- 
 e)   Date of the                     2017-05-15 
       transaction 
---  ------------------------------  ---------------------------------- 
 f)   Place of                        Outside a trading venue 
       the transaction 
---  ------------------------------  ---------------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------ 
 a)   Name                            Pete Madden 
---  ------------------------------  ---------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------ 
 a)   Position                        Chief Executive, Drax Biomass 
       / status 
---  ------------------------------  ---------------------------------- 
 b)   Initial notification            Initial Notification 
       / amendment 
---  ------------------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                            Drax Group plc 
---  ------------------------------  ---------------------------------- 
 b)   LEI                             n/a 
---  ------------------------------  ---------------------------------- 
 4.   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 
---  ------------------------------------------------------------------ 
 a)   Description                     Ordinary shares of 11 16/29 
       of the financial                pence 
       instrument                      GB00BIVNSX38 
       Identification 
       code 
---  ------------------------------  ---------------------------------- 
 b)   Nature of                       Awards made pursuant to the 
       the transaction                 Drax Group plc Performance Share 
                                       Plan ("PSP") 
---  ------------------------------  ---------------------------------- 
 c)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        nil         90,443 
                                       ----------  ---------- 
---  ------------------------------  ---------------------------------- 
 d)        Aggregated 
            information 
             *    Aggregated volume     90,443 
                                        nil 
 
             *    Price 
---  ------------------------------  ---------------------------------- 
 e)   Date of the                     2017-05-15 
       transaction 
---  ------------------------------  ---------------------------------- 
 f)   Place of                        Outside a trading venue 
       the transaction 
---  ------------------------------  ---------------------------------- 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------ 
 a)   Name                            Dorothy Thompson 
---  ------------------------------  ---------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------ 
 a)   Position                        Group Chief Executive 
       / status 
---  ------------------------------  ---------------------------------- 
 b)   Initial notification            Initial Notification 
       / amendment 
---  ------------------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                            Drax Group plc 
---  ------------------------------  ---------------------------------- 
 b)   LEI                             n/a 
---  ------------------------------  ---------------------------------- 
 4.   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 
---  ------------------------------------------------------------------ 
 a)   Description                     Ordinary shares of 11 16/29 
       of the financial                pence 
       instrument                      GB00BIVNSX38 
       Identification 
       code 
---  ------------------------------  ---------------------------------- 
 b)   Nature of                       Awards made pursuant to the 
       the transaction                 Drax Group plc Performance Share 
                                       Plan ("PSP") 
---  ------------------------------  ---------------------------------- 
 c)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        nil         313,956 
                                       ----------  ---------- 
---  ------------------------------  ---------------------------------- 
 d)        Aggregated 
            information 
             *    Aggregated volume     313,956 
                                        nil 
 
             *    Price 
---  ------------------------------  ---------------------------------- 
 e)   Date of the                     2017-05-15 
       transaction 
---  ------------------------------  ---------------------------------- 
 f)   Place of                        Outside a trading venue 
       the transaction 
---  ------------------------------  ---------------------------------- 
 

David McCallum

Company Secretary

--ENDS--

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHARMATMBMBBLR

(END) Dow Jones Newswires

May 17, 2017 11:10 ET (15:10 GMT)

1 Year Drax Chart

1 Year Drax Chart

1 Month Drax Chart

1 Month Drax Chart

Your Recent History

Delayed Upgrade Clock