Drax Group PLC Director/PDMR Shareholding (2949K)
04 May 2022 - 8:03PM
UK Regulatory
TIDMDRX
RNS Number : 2949K
Drax Group PLC
04 May 2022
4 May 2022
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected
Persons
Will Gardiner, CEO and a PDMR, has notified the Company that on
3 May 2022 he sold 30,000 ordinary shares in the Company at an
aggregate price of 808.5 pence per share. Following the
transaction, Will Gardiner's total shareholding in the Company is
693,375 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 414,397,016 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 Will Gardiner
-------------------------------------
Reason for the notification
Position / status Group CEO
-------------------------------------
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 ordinary shares
-------------------------------------
Price(s) and volume(s) Price(s) Volume(s)
808.5 pence per share 30,000
----------
-------------------------------------
Aggregated information N/A (single transaction)
* Aggregated volume
* Price
-------------------------------------
Date of the transaction 3 May 2022
-------------------------------------
Place of the transaction London Stock Exchange
-------------------------------------
--ENDS--
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END
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