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Drax Group PLC

Transaction in Own Shares Dec 3, 2018

4844_rns_2018-12-03_0009fcef-c3b6-407d-94ea-d692b0865058.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

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RNS Number : 2945J

Drax Group PLC

03 December 2018

Transactions in own shares

Drax Group plc (the Company) announces today it has purchased the following number of its ordinary shares of 11 16/29 pence each through J.P. Morgan Securities plc.

Date of purchase: 3 December 2018
Aggregate number of ordinary shares purchased: 223,997
Lowest price paid per share: 382.80000
Highest price paid per share: 393.20000
Average price paid per share: 385.02834

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 11,851,542 shares at a cost (including dealing and associated costs) of £42,851,595.10.

Following the above transaction, the Company holds 11,851,542, of its ordinary shares in treasury and has 395,333,745 ordinary shares in issue (excluding treasury shares).

The table below contains detailed information about the purchases made as part of the buyback programme.

Schedule of Purchases

Shares purchased: 223,997 (ISIN: GB00B1VNSX38)
Date of purchases: 3 December 2018
Investment firm: J.P. Morgan Securities plc

Aggregate information:

Venue Volume-weighted average price (GBp) Aggregated volume Lowest price per share (GBp) Highest price per share (GBp)
London Stock Exchange 385.26446 171,823 382.80000 393.20000
CHI-X Europe 384.25283 31,151 382.80000 385.80000
Turquoise 384.32519 12,407 383.00000 385.80000
BATS Europe 384.13603 8,616 382.80000 385.40000

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.

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