REG - Drax Group Plc - Director/PDMR Shareholding

DraxAnnouncement

Today 09:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250616:nRSP8618Ma&default-theme=true

RNS Number : 8618M  Drax Group PLC  16 June 2025

16 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. Paul Sheffield, a Person Discharging Managerial Responsibility, has
notified the Company that on 13 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                                     Paul Sheffield
 2.  Reason for the notification
 a)  Position / status                        Chief Commercial 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                  13 June 2025
 f)  Place of the transaction                 Outside a trading venue

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

13 June 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

--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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFJMFTMTMBBRA