Director/PDMR Shareholding

Drax

17/03/2026 16:43

RNS Number : 0222X

Drax Group PLC

17 March 2026

 

17 March 2026

DRAX GROUP PLC

Symbol: DRX

("Drax", "the Group", "Drax Group", "the Company")

 

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

 

On Friday 13 March 2026, awards over shares were made under The Drax Group plc Deferred Share Plan (DSP), as part of the normal annual cycle of grants. Consequently, the share interests of the under-noted directors have changed following the granting of these awards.

 

Awards made under the DSP

 

The deferred awards, made under the DSP for nil consideration as conditional awards, were made in respect of the deferred element of the annual bonus for the financial year ended 31 December 2025. Vesting of the DSP shares is normally deferred for three years and subject to the participant remaining in employment until the vesting date.

 

Director/PDMR
Number of shares over which DSP award made
Will Gardiner
39,474
Frank Lemmink
7,708

 

 

Rebecca Dunn

Group Company Secretary

 

 

 

The notifications below are all in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 

1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Will Gardiner
2.
Reason for the notification
a)
Position / status
Chief Executive Officer
b)
Initial notification / amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Drax Group plc
b)
LEI
549300YPSNTXR4ZHSR98
4.
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
a)
Description of the financial instrument
Identification code
Ordinary shares of 11 16/29 pence
GB00BIVNSX38
b)
Nature of the transaction
(i) Deferred award made pursuant to The Drax Group plc Deferred Share Plan (DSP)
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(i)
Nil
39,474
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
13 March 2026
f)
Place of the transaction
Outside a trading venue

 

 

 

1.
Details of PDMR / person closely associated with them ("PCA")
a)
Name
Frank Lemmink
2.
Reason for the notification
a)
Position / status
Chief Financial Officer
b)
Initial notification / amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Drax Group plc
b)
LEI
549300YPSNTXR4ZHSR98
4.
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
a)
Description of the financial instrument
Identification code
Ordinary shares of 11 16/29 pence
GB00BIVNSX38
b)
Nature of the transaction
(i) Deferred award made pursuant to The Drax Group plc Deferred Share Plan (DSP)
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(i)
Nil
7,708
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
13 March 2026
f)
Place of the transaction
Outside a trading venue

 

 

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