Drax Group PLC Transaction in Own Shares (9589D)

TIDMDRX

RNS Number : 9589D

Drax Group PLC

12 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:                      12 October 2018 
 Aggregate number of ordinary shares 
  purchased:                            70,557 
 Lowest price paid per share:           364.00000 
 Highest price paid per share:          373.40000 
 Average price paid per share:          368.14024 
 

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 9,206,286 shares at a cost (including dealing and associated costs) of GBP32,342,139.50.

Following the above transaction, the Company holds 9,206,286, of its ordinary shares in treasury and has 397,944,515 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:    70,557 (ISIN: GB00B1VNSX38) 
 Date of purchases:   12 October 2018 
 Investment firm:     J.P. Morgan Securities plc 
 

Aggregate information:

 
        Venue             Volume-weighted     Aggregated  Lowest price   Highest price 
                         average price (GBp)    volume      per share    per share (GBp) 
                                                              (GBp) 
London Stock Exchange        368.14024          70,557     364.00000       373.40000 
 

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 [e-mail] or visit www.rns.com.

END

POSEAKEAFEPPFFF

(END) Dow Jones Newswires

October 12, 2018 12:09 ET (16:09 GMT)