REG - Drax Group Plc - Director/PDMR Shareholding

DraxAnnouncement

03/06/2025 10:15

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RNS Number : 2174L  Drax Group PLC  03 June 2025

3 June 2025

DRAX GROUP PLC

Symbol: DRX

 

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

 

Maturity of Sharesave options

On 15 April 2020, options were granted under the Drax Group plc Sharesave Plan
(the 'Sharesave Plan'). The 2020 five-year Sharesave Plan options matured on 1
June 2025. Will Gardiner, Chief Executive Officer and a Person Discharging
Managerial Responsibility, has notified the Company that on 1 June 2025 he
exercised his option to acquire 23,603 ordinary shares at a price of 127.1
pence per share following the maturity of the Sharesave Plan.

 

The notification is 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  Ordinary shares of 11 16/29 pence

     Identification code                      GB00BIVNSX38
 b)  Nature of the transaction                Maturity of options pursuant to the Drax Group plc Sharesave Plan Rules
 c)  Price(s) and volume(s)                   Price(s)               Volume(s)
                                              127.1 pence per share  23,603

 

 d)  Aggregated information

     -     Aggregated volume                  N/A

     -     Price
 e)  Date of the transaction                  1 June 2025
 f)  Place of the transaction                 Outside a trading venue

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

1 June 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

--ENDS--

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