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Drax Group PLC

Director's Dealing May 4, 2022

4844_dirs_2022-05-04_4598445c-9843-4d38-b949-10a5fc44fa37.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 2949K

Drax Group PLC

04 May 2022

4 May 2022

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Will Gardiner, CEO and a PDMR, has notified the Company that on 3 May 2022 he sold 30,000 ordinary shares in the Company at an aggregate price of 808.5 pence per share. Following the transaction, Will Gardiner's total shareholding in the Company is 693,375 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 414,397,016 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

Will Gardiner

Reason for the notification

Position / status

Group CEO

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

Sale of ordinary shares

Price(s) and volume(s)

Price(s) Volume(s)
808.5 pence per share 30,000

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

Date of the transaction

3 May 2022

Place of the transaction

London Stock Exchange

--ENDS--

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END

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