Drax Group PLC

Director's Dealing • May 2, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 9004X

Drax Group PLC

02 May 2019

02 May 2019

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Jonathan Kini has notified the Company that on 01 May 2019 he exercised an option under the Drax Group plc Sharesave Plan to purchase 8,866 shares at a price of £2.03 per share. Following the transaction, Mr Kini's total shareholding in the Company is 37,299 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 407,951,676 shares in issue at the time of the dealing.

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

Name

Jonathan Kini

Reason for the notification

Position / status

CEO 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

GB00B1VNSX38

Nature of the transaction

Purchase of shares under the Drax Group plc Sharesave Plan

Price(s) and volume(s)

Price(s)	Volume(s)
203 pence per share	8,866

Aggregated information

-      Aggregated volume

-      Price

8,866

£17,997.98

Date of the transaction

2019.05.01

Place of the transaction

Outside of 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 rns@lseg.com or visit www.rns.com.

END

DSHATMMTMBMMBBL