Drax Group PLC Transaction in Own Shares (4030P)
26 May 2018 - 1:54AM
UK Regulatory
TIDMDRX
RNS Number : 4030P
Drax Group PLC
25 May 2018
Transactions in own shares
Drax Group plc (the Company) announces today it has purchased
the following number of its ordinary shares of 11 16/29 pence each
through J.P. Morgan Securities plc.
Date of purchase: 25 May 2018
Aggregate number of ordinary
shares purchased: 77,335
Lowest price paid per share: 336.40000
Highest price paid per share: 342.00000
Average price paid per share: 338.78954
The Company intends to hold the purchased shares in
treasury.
Since 20 April 2018, the Company has purchased 2,007,608 shares
at a cost (including dealing and associated costs) of
GBP6,585,429.66.
Following the above transaction, the Company holds 2,007,608, of
its ordinary shares in treasury and has 405,045,942 ordinary shares
in issue (excluding treasury shares).
The table below contains detailed information about the
purchases made as part of the buyback programme.
Schedule of Purchases
Shares purchased: 77,335 (ISIN: GB00B1VNSX38)
Date of purchases: 25 May 2018
Investment J.P. Morgan Securities
firm: plc
Aggregate information:
Venue Volume-weighted Aggregated Lowest Highest price
average price volume price per per share
(GBp) share (GBp) (GBp)
------------- --------------- ---------- ------------ -------------
London Stock
Exchange 338.78954 77,335 336.40000 342.00000
------------- --------------- ---------- ------------ -------------
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END
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