DRX Drax Group Plc

TIDMDRX

RNS Number : 2238J

Drax Group PLC

19 August 2021

19 August 2021

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Jason Shipstone, Chief Innovation Officer and a PDMR, has notified the Company that on 19 August 2021 in two transactions as specified in more detail in the table below, he sold in aggregate 9,512 ordinary shares in the Company at an aggregate price of 425.7166 pence per share. Following the transaction, Jason Shipstone's total shareholding in the Company is 50,339 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 412,740,953 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               Chief Innovation Officer 
                                ------------------------------------------- 
 Initial notification            Initial Notification 
  / amendment 
                                ------------------------------------------- 
 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    Ordinary shares of 11 16/29 pence 
  instrument                      GB00B1VNSX38 
  Identification code 
                                ------------------------------------------- 
 Nature of the transaction       Sale of 2,612 ordinary shares held on 
                                  his behalf in the Drax Group plc Share 
                                  Incentive Plan (SIP) Trust and a parallel 
                                  sale of 6,900 ordinary shares held in 
                                  his own name 
                                ------------------------------------------- 
 Price(s) and volume(s)           Price(s)                    Volume(s) 
                                   425.4298 pence per share    2,612 
                                                              ---------- 
                                   425.8251 pence per share    6,900 
                                                              ---------- 
                                ------------------------------------------- 
      Aggregated information 
        *    Aggregated volume     9,512 ordinary shares 
                                   425.7166 pence per share 
 
        *    Price 
                                ------------------------------------------- 
 Date of the transaction         19 August 2021 
                                ------------------------------------------- 
 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.

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.

END

DSHPLMITMTJBBJB

(END) Dow Jones Newswires

August 19, 2021 10:34 ET (14:34 GMT)

Drax (LSE:DRX)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Drax (LSE:DRX)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024