Drax Group PLC Transaction in Own Shares (6895L)

TIDMDRX

RNS Number : 6895L

Drax Group PLC

20 April 2018

Transactions in own shares

Drax Group plc (the Company) announces today it has purchased the following number of its ordinary shares of 11 pence each through J.P. Morgan Securities plc.

 
 Date of purchase:                20 April 2018 
 Aggregate number of ordinary 
  shares purchased:               87,224 
 Lowest price paid per share:     299.4000 
 Highest price paid per share:    303.2000 
 Average price paid per share:    300.36899 
 

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 87,224 shares at a cost (including dealing and associated costs) of GBP263,304.82.

Following the above transaction, the Company holds 87,224, of its ordinary shares in treasury and has 406,952,351 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:    87,224 (ISIN: GB00B1VNSX38) 
 Date of purchases:   20 April 2018 
 Investment           J.P. Morgan Securities 
  firm:                plc 
 

Aggregate information:

 
    Venue      Volume-weighted  Aggregated     Lowest     Highest price 
                average price     volume      price per     per share 
                    (GBp)                    share (GBp)      (GBp) 
-------------  ---------------  ----------  ------------  ------------- 
London Stock 
 Exchange         300.36899       87,224      299.4000      303.2000 
-------------  ---------------  ----------  ------------  ------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 20, 2018 12:12 ET (16:12 GMT)