REG - Drax Group Plc - Director/PDMR Shareholding

DraxAnnouncement

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RNS Number : 9293X  Drax Group PLC  04 September 2025

4 September 2025

 

Drax Group plc

("Drax" or "the Company")

 

Symbol: DRX

 

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

 

 

Vesting of Long-Term Incentive Plan Shares

On 3 September 2025, shares in Drax Group plc were issued to Paul Sheffield, a
Person Discharging Managerial Responsibility, as set forth in the table below.

 

The issuance was an automatic vesting of awards originally granted on 3
September 2024 under the Drax Group plc Long-Term Incentive Plan 2020 (the
"LTIP").

 

The Company was notified on 3 September 2025 that Paul Sheffield sold
sufficient shares to satisfy his liability to Income Tax and National
Insurance Contributions ("Tax Liability") arising on the vesting of shares at
632.0 pence per share.

 

 Director/PDMR   Total LTIP award vesting(1)  Number of shares sold to meet the tax liability  Net shares retained  Total number of shares held in the Company (incl. held by spouse)
 Paul Sheffield  20,524                       9,681                                            10,843               86,666

 

Notes:

1.     Includes shares in lieu of accrued dividends throughout the
vesting period.

 

 

 

 Details of PDMR / person closely associated with them ("PCA")
 Name                                     Paul Sheffield
 Reason for the notification
 Position / status                        Chief Commercial Officer
 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  Ordinary shares of 11 16/29 pence

 Identification code                      GB00B1VNSX38
 Nature of the transaction                Automatic vesting of the LTIP awards and sale of sufficient shares to cover
                                          taxes due.
 Price(s) and volume(s)                   Price(s)               Volume(s)
                                          632.0 pence per share  20,524
 Aggregated information

 -     Aggregated volume                  N/A

 -     Price
 Date of the transaction                  3 September 2025
 Place of the transaction                 XLON

Aggregated information

-     Aggregated volume

-     Price

 

N/A

 

Date of the transaction

3 September 2025

Place of the transaction

XLON

 

 

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