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Drax Group PLC

Transaction in Own Shares Dec 12, 2024

4844_rns_2024-12-12_43fe03f3-1efa-4184-bcac-d38f4767efa3.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 9390P

Drax Group PLC

12 December 2024

12 December 2024

Drax Group plc

Transaction in own shares

Drax Group plc ("Drax Group") announces that, in accordance with the terms of its share buyback programme (the "Programme") announced on 7 August 2024, it has purchased the following number of its ordinary shares of 11 16 /29 pence each ("Ordinary Shares") through RBC Europe Limited.

Date of Purchase 12 December 2024
Number of ordinary shares purchased 1,913
Weighted average price paid (p) 641.50
Highest price paid (p) 641.50
Lowest price paid (p) 641.50

Following the above transaction, Drax Group will have 427,767,875 Ordinary Shares in issue (including treasury shares). The total number of Ordinary Shares held in treasury is 56,175,201 .

The total number of voting rights in Drax Group, excluding treasury shares as at 12 December 2024 is 371,592,674. This figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Drax Group under the FCA's Disclosure and Transparency Rules.

Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 16,088,004 Ordinary Shares in aggregate for treasury.

Contact at Drax Group
Mark Stafford, Head of Investor Relations

Tel: +44 (0) 77 3076 3949

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made by RBC Europe Limited on behalf of Drax Group as part of the Programme is detailed below:

Aggregate information: 

Venue Weighted A verage P rice

(pence per share)
Aggregated V olume
CHIX 641.50 1,453
XLON 0.00 0
Aquis 0.00 0
BATE 641.50 460
TRQX 0.00 0

Individual transactions:

Transaction Time Volume Price Platform Transaction Reference
08:27:03 1,453 641.5 CHIX 00277445248TRLO0
08:29:44 105 641.5 BATE 00277445445TRLO0
08:29:44 125 641.5 BATE 00277445446TRLO0
08:29:44 43 641.5 BATE 00277445447TRLO0
08:29:44 187 641.5 BATE 00277445448TRLO0

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