REG - Drax Group Plc - Transaction in Own Shares

DraxAnnouncement

24/02/2025 17:45

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RNS Number : 2704Y  Drax Group PLC  24 February 2025

24 February 2025

 

Drax Group plc

Transaction in own shares

Drax Group plc ("Drax Group") announces that, in accordance with the terms of
its share buyback programme (the "Programme") announced on 7 August 2024, it
has purchased the following number of its ordinary shares of 11 (16)/(29)
pence each ("Ordinary Shares") through RBC Europe Limited.

 

 Date of Purchase                     24 February 2025
 Number of ordinary shares purchased  3,269
 Weighted average price paid (p)      634.50
 Highest price paid (p)               635.00
 Lowest price paid (p)                630.50

 

Following the above transaction, Drax Group will have 427,810,338 Ordinary
Shares in issue (including treasury shares). The total number of Ordinary
Shares held in treasury is 63,172,733.

 

The total number of voting rights in Drax Group, excluding treasury shares as
at 24 February 2025 is 364,637,605. This figure may be used by shareholders
(and others with notification obligations) as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, Drax Group under the FCA's
Disclosure and Transparency Rules.

Since the announcement of the Programme on 7 August 2024, Drax Group has
purchased 23,085,536 Ordinary Shares in aggregate for treasury.

 

 Contact at Drax Group
 Mark Stafford, Head of Investor Relations

 Tel: +44 (0) 77 3076 3949

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), a breakdown of the individual trades made by RBC Europe
Limited on behalf of Drax Group as part of the Programme is detailed below:

Aggregate information:

 

 Venue  Weighted Average Price  Aggregated Volume

        (pence per share)
 CHIX   634.44                  2,903
 XLON   635.00                  185
 Aquis  0.00                    0
 BATE   635.00                  181
 TRQX   0.00                    0

 

 

 

 

Individual transactions:

 Transaction Time  Volume  Price  Platform  Transaction Reference
 08:00:18          183     630.5  CHIX      00283991816TRLO0
 08:09:39          183     635.0  CHIX      00283995608TRLO0
 08:10:25          195     634.5  CHIX      00283995787TRLO0
 08:10:25          325     634.5  CHIX      00283995788TRLO0
 08:10:25          24      634.5  CHIX      00283995789TRLO0
 08:12:17          439     634.0  CHIX      00283996083TRLO0
 08:24:07          181     635.0  BATE      00283998727TRLO0
 08:24:07          185     635.0  CHIX      00283998728TRLO0
 08:26:20          241     635.0  CHIX      00283999215TRLO0
 08:32:03          176     635.0  CHIX      00284000625TRLO0
 08:32:03          186     635.0  CHIX      00284000626TRLO0
 08:37:07          382     635.0  CHIX      00284001837TRLO0
 08:37:07          193     635.0  CHIX      00284001838TRLO0
 08:38:46          185     635.0  XLON      00284002243TRLO0
 08:43:38          191     634.5  CHIX      00284002971TRLO0

 

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