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Drax Group PLC

Director's Dealing Jul 30, 2018

4844_dirs_2018-07-30_8e9a3a37-6c49-432e-b79f-dd5a0684655a.html

Director's Dealing

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RNS Number : 2140W

Drax Group PLC

30 July 2018

30 July 2018

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Andrew Koss has notified the Company that on 30 July 2018 he exercised his option over 5,633 ordinary shares in the Drax Group plc Sharesave Plan at an option price of £3.195 per share.

The total number of ordinary shares in which Andrew Koss has an interest following this acquisition is 57,746.

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 407,074,202 shares in issue at the time of the dealing.

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

Name

Andrew Koss

Reason for the notification

Position / status

Chief Executive, Drax Power

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

Exercise of share options under the Drax Group plc sharesave plan

Price(s) and volume(s)

Price(s) Volume(s)
£3.195 5,633

Aggregated information

-      Aggregated volume

-      Price

Date of the transaction

30/07/2018

Place of the transaction

Outside a trading venue

David McCallum

Company Secretary

--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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