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Drax Group PLC

Director's Dealing Mar 28, 2019

4844_dirs_2019-03-28_3d2303e9-cba4-4fe6-9bd0-11cb11c504a2.html

Director's Dealing

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RNS Number : 3132U

Drax Group PLC

28 March 2019

28 March 2019

Drax Group plc

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

On 27 March 2019, Grants of Options were made through the Drax Group plc Sharesave Plan ('the Sharesave Plan'). The interests of the under-noted Director and Persons Discharging Managerial Responsibility have changed following each one being granted an option under the Sharesave Plan.

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 407,933,944 shares in issue at the time of the dealing.

Details of PDMR / person closely associated with them ("PCA")

Name

Andrew Skelton

Reason for the notification

Position / status

Chief Financial Officer

Initial notification / amendment

Initial Notification

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 of the financial instrument

Identification code

Ordinary shares of 11 16/29 pence

GB00BIVNSX38

Nature of the transaction

Grant of share options under the Drax Group plc Sharesave Plan (5 year contract)

Price(s) and volume(s)

Price(s) Volume(s)
297.5 pence per share 10,084

Aggregated information

-      Aggregated volume

-      Price

Date of the transaction

27.03.2019

Place of the transaction

Outside a trading venue

Details of PDMR / person closely associated with them ("PCA")

Name

Jonathan Kini

Reason for the notification

Position / status

Chief Executive, Drax Retail

Initial notification / amendment

Initial Notification

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 of the financial instrument

Identification code

Ordinary shares of 11 16/29 pence

GB00BIVNSX38

Nature of the transaction

Grant of share options under the Drax Group plc Sharesave Plan (3 year contract)

Price(s) and volume(s)

Price(s) Volume(s)
297.5 pence per share 6,050

Aggregated information

-      Aggregated volume

-      Price

Date of the transaction

27.03.2019

Place of the transaction

Outside a trading venue

Details of PDMR / person closely associated with them ("PCA")

Name

Penelope Small

Reason for the notification

Position / status

Chief Transformation Officer

Initial notification / amendment

Initial Notification

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 of the financial instrument

Identification code

Ordinary shares of 11 16/29 pence

GB00BIVNSX38

Nature of the transaction

Grant of share options under the Drax Group plc Sharesave Plan (3 year contract)

Price(s) and volume(s)

Price(s) Volume(s)
297.5 pence per share 6,050

Aggregated information

-      Aggregated volume

-      Price

Date of the transaction

27.03.2019

Place of the transaction

Outside a trading venue

--ENDS--

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 [email protected] or visit www.rns.com.

END

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