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Drax Group PLC Director's Dealing 2017

Sep 27, 2017

4844_dirs_2017-09-27_b6133437-7a06-4e35-8d75-298529f13e7a.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 9905R

Drax Group PLC

27 September 2017

27 September 2017

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Andy Koss has notified the Company that on 26 September 2017 he purchased 15,000  ordinary shares in Drax at a price of 307.45 pence per share.

Following this transaction, Andy Koss has a beneficial interest in 52,113 shares in the Company.

Will Gardiner has notified the Company that on 26 September 2017 he purchased 16,046        ordinary shares in Drax at a price of 311.57 pence per share.

Following this transaction, Will Gardiner has a beneficial interest in 57,392 shares in the Company.

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 406,862,155 shares in issue at the time of the dealing.

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

Name

Andy Koss

Reason for the notification

Position / status

Chief Executive, Drax Power Limited

Initial notification / amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Drax Group plc

LEI

n/a

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

Purchase of shares

Price(s) and volume(s)

Price(s) Volume(s)
307.45 15,000

Aggregated information

-      Aggregated volume

-      Price

Date of the transaction

2017-09-26

Place of the transaction

London Stock Exchange

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

Name

Will Gardiner

Reason for the notification

Position / status

Chief Financial Officer, Drax Group plc

Initial notification / amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Drax Group plc

LEI

n/a

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

Purchase of shares

Price(s) and volume(s)

Price(s) Volume(s)
311.57 16,046

Aggregated information

-      Aggregated volume

-      Price

Date of the transaction

2017-09-26

Place of the transaction

London Stock Exchange

David McCallum

Company Secretary

--ENDS--

This information is provided by RNS

The company news service from the London Stock Exchange

END

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