TIDMDRX

RNS Number : 4672A

Drax Group PLC

11 September 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:                      11 September 2018 
 Aggregate number of ordinary shares 
  purchased:                            68,978 
 Lowest price paid per share:           372.60000 
 Highest price paid per share:          385.20000 
 Average price paid per share:          378.53425 
 

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 7,616,465 shares at a cost (including dealing and associated costs) of GBP26,345,802.28.

Following the above transaction, the Company holds 7,616,465, of its ordinary shares in treasury and has 399,496,884 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:    68,978 (ISIN: GB00B1VNSX38) 
 Date of purchases:   11 September 2018 
 Investment firm:     J.P. Morgan Securities plc 
 

Aggregate information:

 
        Venue             Volume-weighted     Aggregated  Lowest price   Highest price 
                         average price (GBp)    volume      per share    per share (GBp) 
                                                              (GBp) 
London Stock Exchange        378.53425          68,978     372.60000       385.20000 
 

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.

END

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September 11, 2018 12:00 ET (16:00 GMT)

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