Drax Group PLC Transaction in Own Shares

RNS Number : 9390P

Drax Group PLC

12 December 2024

 

12 December 2024

 

Drax Group plc

Transaction in own shares

Drax Group plc ("Drax Group") announces that, in accordance with the terms of its share buyback programme (the "Programme") announced on 7 August 2024, it has purchased the following number of its ordinary shares of 11 ¹⁶/₂₉ pence each ("Ordinary Shares") through RBC Europe Limited.

 

Date of Purchase	12 December 2024
Number of ordinary shares purchased	1,913
Weighted average price paid (p)	641.50
Highest price paid (p)	641.50
Lowest price paid (p)	641.50

 

Following the above transaction, Drax Group will have 427,767,875 Ordinary Shares in issue (including treasury shares). The total number of Ordinary Shares held in treasury is 56,175,201.

 

The total number of voting rights in Drax Group, excluding treasury shares as at 12 December 2024 is 371,592,674. This figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Drax Group under the FCA's Disclosure and Transparency Rules.

Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 16,088,004 Ordinary Shares in aggregate for treasury.

 

Contact at Drax Group
Mark Stafford, Head of Investor Relations Tel: [phone]

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made by RBC Europe Limited on behalf of Drax Group as part of the Programme is detailed below:

Aggregate information: 

 

Venue	Weighted Average Price (pence per share)	Aggregated Volume
CHIX	641.50	1,453
XLON	0.00	0
Aquis	0.00	0
BATE	641.50	460
TRQX	0.00	0

 

Individual transactions:

Transaction Time	Volume	Price	Platform	Transaction Reference
08:27:03	1,453	641.5	CHIX	00277445248TRLO0
08:29:44	105	641.5	BATE	00277445445TRLO0
08:29:44	125	641.5	BATE	00277445446TRLO0
08:29:44	43	641.5	BATE	00277445447TRLO0
08:29:44	187	641.5	BATE	00277445448TRLO0

 

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