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Drax Group PLC

Director's Dealing Jul 30, 2020

4844_dirs_2020-07-30_6a3a11d5-2c5d-4577-81e3-0f82b1288c6e.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 6249U

Drax Group PLC

30 July 2020

30 July 2020

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Andrew Skelton, a PDMR, has notified the Company that on 29 July 2020 he purchased an aggregate of 60,902 ordinary shares in the Company at a price of 272 pence per share Following the transaction, Andrew Skelton's total shareholding in the Company is 142,976 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. As at the date of announcement, there are  410,755,481 ordinary shares of 11 16/29 pence each, of which 13,841,295 ordinary shares are held in treasury. Treasury shares do not carry voting rights.

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

Name

Andrew Skelton

Reason for the notification

Position / status

CFO

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

Price(s) and volume(s)

Price(s) Volume(s)
272 pence per share 60,902

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

Date of the transaction

2020.07.29

Place of the transaction

London Stock Exchange

--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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