Drax Group PLC Director/PDMR Shareholding (5532D)

TIDMDRX

RNS Number : 5532D

Drax Group PLC

27 June 2019

27 June 2019

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

John Baxter has notified the Company that on 26 June 2019 he purchased 7,000 ordinary shares in Drax at a price of 269 pence per share. Following the transaction, Mr Baxter's total shareholding in the Company is 10,000 ordinary 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 of which there were 410,013,656 shares in issue at the time of the dealing.

 
 Details of PDMR / person closely associated with them ("PCA") 
 Name                            John Baxter 
                                ----------------------------------- 
 Reason for the notification 
 Position / status               Non-Executive Director 
                                ----------------------------------- 
 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                     Ordinary shares of 11 16/29 pence 
  of the financial                GB00B1VNSX38 
  instrument 
  Identification 
  code 
                                ----------------------------------- 
 Nature of the                   Purchase of shares 
  transaction 
                                ----------------------------------- 
 Price(s) and                     Price(s)               Volume(s) 
  volume(s)                        269 pence per share    7,000 
                                                         ---------- 
                                ----------------------------------- 
      Aggregated information 
        *    Aggregated volume     7,000 
                                   GBP18,830.00 
 
        *    Price 
                                ----------------------------------- 
 Date of the                     26.06.2019 
  transaction 
                                ----------------------------------- 
 Place of the                    London Stock Exchange 
  transaction 
                                ----------------------------------- 
 

--ENDS--

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June 27, 2019 03:00 ET (07:00 GMT)