Director/PDMR Shareholding

RNS Number : 1736B

Drax Group PLC

28 March 2013

 



28 March 2013

DRAX GROUP PLC

Symbol: DRX

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

The notifications below are all in accordance with DTR 3.1.4 R(1)(a) and DTR 3.1.4 R(1)(b) and the dealings were in respect of ordinary shares of 11 ¹⁶/₂₉ pence each in the share capital of Drax Group plc.

On 27 February 2013, share awards were made through the Drax Bonus Matching Plan (the "Plan").

The share interests of the under-noted directors and persons discharging managerial responsibility have changed following each one receiving Matching Awards and Deferred Awards under the Plan.

The awards, made at nil consideration, are conditional awards and vesting is subject to performance conditions established in accordance with the rules of the Plan and measured over a three year period commencing on 1 January 2013.  

Director/PDMR	Number of Matching Shares Awarded	Number of Deferred Shares Awarded
Peter Emery	83,817	27,024
Philip Hudson	48,913	8,152
Tony Quinlan	101,778	16,963
Paul Taylor	70,434	11,739
Dorothy Thompson	162,146	27,024

There were 401,960,476 shares in issue at the time of this notification.

Philip Hudson

Company Secretary

--ENDS--

 

END

 

 

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