Drax Group PLC Director/PDMR Shareholding (4062B)
02 June 2023 - 01:53AM
UK Regulatory (RNS & others)
TIDMDRX
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
contract)
-----------------------------------------
Price(s) and volume(s) Price(s) Volume(s)
127.1 pence per share 14,162
----------
-----------------------------------------
Aggregated information
* Aggregated volume N/A
N/A
* Price
-----------------------------------------
Date of the transaction 1 June 2023
-----------------------------------------
Place of the transaction XLON
-----------------------------------------
--ENDS--
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END
DSHFBMATMTAMBBJ
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June 01, 2023 11:53 ET (15:53 GMT)
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