Director's Dealing • Oct 30, 2023
Director's Dealing
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RNS Number : 6130R
Drax Group PLC
30 October 2023
30 October 2023
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
Will Gardiner, Chief Executive Officer and a PDMR, has notified the Company that on 27 October 2023 he transferred 350,000 ordinary shares in the Company to Ann Gardiner, a Person Closely Associated with Mr Gardiner.
Following the transaction, Mr Gardiner's total shareholding in the Company is 735,411 ordinary shares and Mrs Gardiner's total shareholding in the Company is 350,000 ordinary shares.
The information below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
Details of PDMR / person closely associated with them ("PCA")
Name
Will Gardiner
Reason for the notification
Position / status
Chief Executive Officer
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
Transfer of ordinary shares
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 350,000 |
Aggregated information
- Aggregated volume
- Price
350,000
Nil
Date of the transaction
27 October 2023
Place of the transaction
Outside a trading venue
Details of PDMR / person closely associated with them ("PCA")
Name
Ann Gardiner
Reason for the notification
Position / status
Person Closely Associated with Chief Executive Officer
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
Receipt of ordinary shares following a transfer
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 350,000 |
Aggregated information
- Aggregated volume
- Price
350,000
Nil
Date of the transaction
27 October 2023
Place of the transaction
Outside a trading venue
--ENDS--
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