REG - Drax Group Plc - Director/PDMR Shareholding

DraxAnnouncement

30/03/2020 16:15

RNS Number : 1051I
  
Drax Group PLC
  
30 March 2020
  
 

30 March 2020
 
 
Drax Group plc
("Drax" or "the Company")
 
Symbol: DRX
 
Notification of Transactions of Directors, 
Persons Discharging Managerial Responsibility or Connected Persons
 
 
Jason Shipstone and Paul Sheffield, each a PDMR, have today notified the Company that they have purchased ordinary shares in the Company.
 
Jason Shipstone has notified the Company that on 30 March 2020 he purchased 34,190 ordinary shares in the Company at a price of 145.15 pence per share. Following the transaction, Jason Shipstone's total shareholding in the Company is 54,708 shares.
 
Paul Sheffield has notified the Company that on 30 March 2020 he purchased an aggregate of 13,268 ordinary shares in the Company, being 6,500 ordinary shares at a price of 146.1475 pence per share, and 6,768 shares at a price of 146.833 pence per share. Following the transaction, Paul Sheffield's total shareholding in the Company is 13,268 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 410,571,755 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


Jason Shipstone




Reason for the notification




Position / status 


EVP Innovation




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


Purchase of shares 




Price(s) and volume(s)





Price(s)


Volume(s)




145.15 pence per share


34,190



 
 




Aggregated information 
-     Aggregated volume 
-     Price 


 
N/A (single transaction)




Date of the transaction


2020.03.30




Place of the transaction 


London Stock Exchange



 
 
 



Details of PDMR / person closely associated with them ("PCA")




Name


Paul Sheffield




Reason for the notification




Position / status 


Managing Director - Customers




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


Purchase of shares 




Price(s) and volume(s)





Price(s)


Volume(s)




146.1475 pence per share


6,500




146.833 pence per share


6,768



 
 




Aggregated information 
-     Aggregated volume 
-     Price 


 
-     13,268 shares
 
-     £19,437.24




Date of the transaction


2020.03.30




Place of the transaction 


London Stock Exchange



 
 
--ENDS--
 


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 rns@lseg.com or visit www.rns.com.
 
  END
 
 
DSHJMMATMTMJBLM