RNS Number : 4062B

Drax Group PLC

01 June 2023

1 June 2023

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Maturity of Sharesave options

On 15 April 2020, options were granted under the Drax Group plc Sharesave Plan ('the Sharesave Plan'). The 2020 three-year Sharesave Plan options matured on 1 June 2023. Penelope Small, Group Generation Director and a Person Discharging Managerial Responsibility, has notified the Company that on 1 June 2023 she exercised her options to acquire 14,162 ordinary shares at a price of 127.1 pence per share following the maturity of the Sharesave Plan.

The information below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 Details of PDMR / person closely associated with them ("PCA") 
 Name                            Penelope Small 
 Reason for the notification 
 Position / status               Group Generation Director 
 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       Exercise of share options under the Drax 
                                  Group plc Sharesave Plan (three-year 
 Price(s) and volume(s)           Price(s)                 Volume(s) 
                                   127.1 pence per share    14,162 
      Aggregated information 
        *    Aggregated volume     N/A 
        *    Price 
 Date of the transaction         1 June 2023 
 Place of the transaction        XLON 


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(END) Dow Jones Newswires

June 01, 2023 11:53 ET (15:53 GMT)

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