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Drax Group PLC — Director's Dealing 2013
Mar 28, 2013
4844_dirs_2013-03-28_9010c817-1b9a-48d1-ab0e-9766bf91939c.html
Director's Dealing
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RNS Number : 1736B
Drax Group PLC
28 March 2013
28 March 2013
DRAX GROUP PLC
Symbol: DRX
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
The notifications below are all in accordance with DTR 3.1.4 R(1)(a) and DTR 3.1.4 R(1)(b) and the dealings were in respect of ordinary shares of 11 16/29 pence each in the share capital of Drax Group plc.
On 27 February 2013, share awards were made through the Drax Bonus Matching Plan (the "Plan").
The share interests of the under-noted directors and persons discharging managerial responsibility have changed following each one receiving Matching Awards and Deferred Awards under the Plan.
The awards, made at nil consideration, are conditional awards and vesting is subject to performance conditions established in accordance with the rules of the Plan and measured over a three year period commencing on 1 January 2013.
| Director/PDMR | Number of Matching Shares Awarded |
Number of Deferred Shares Awarded |
| Peter Emery | 83,817 | 27,024 |
| Philip Hudson | 48,913 | 8,152 |
| Tony Quinlan | 101,778 | 16,963 |
| Paul Taylor | 70,434 | 11,739 |
| Dorothy Thompson | 162,146 | 27,024 |
There were 401,960,476 shares in issue at the time of this notification.
Philip Hudson
Company Secretary
--ENDS--
This information is provided by RNS
The company news service from the London Stock Exchange
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