Director/PDMR Shareholding

RNS Number : 3132U

Drax Group PLC

28 March 2019

 

28 March 2019

Drax Group plc

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

On 27 March 2019, Grants of Options were made through the Drax Group plc Sharesave Plan ('the Sharesave Plan'). The interests of the under-noted Director and Persons Discharging Managerial Responsibility have changed following each one being granted an option under the Sharesave Plan.

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 of which there were 407,933,944 shares in issue at the time of the dealing.

Details of PDMR / person closely associated with them ("PCA")
Name	Andrew Skelton
Reason for the notification
Position / status	Chief Financial Officer
Initial notification / amendment	Initial Notification
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 instrument Identification code	Ordinary shares of 11 16/29 pence GB00BIVNSX38
Nature of the transaction	Grant of share options under the Drax Group plc Sharesave Plan (5 year contract)
Price(s) and volume(s)	Price(s) Volume(s) 297.5 pence per share 10,084
Aggregated information -      Aggregated volume -      Price
Date of the transaction	27.03.2019
Place of the transaction	Outside a trading venue

Details of PDMR / person closely associated with them ("PCA")
Name	Jonathan Kini
Reason for the notification
Position / status	Chief Executive, Drax Retail
Initial notification / amendment	Initial Notification
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 instrument Identification code	Ordinary shares of 11 16/29 pence GB00BIVNSX38
Nature of the transaction	Grant of share options under the Drax Group plc Sharesave Plan (3 year contract)
Price(s) and volume(s)	Price(s) Volume(s) 297.5 pence per share 6,050
Aggregated information -      Aggregated volume -      Price
Date of the transaction	27.03.2019
Place of the transaction	Outside a trading venue

Details of PDMR / person closely associated with them ("PCA")
Name	Penelope Small
Reason for the notification
Position / status	Chief Transformation Officer
Initial notification / amendment	Initial Notification
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 instrument Identification code	Ordinary shares of 11 16/29 pence GB00BIVNSX38
Nature of the transaction	Grant of share options under the Drax Group plc Sharesave Plan (3 year contract)
Price(s) and volume(s)	Price(s) Volume(s) 297.5 pence per share 6,050
Aggregated information -      Aggregated volume -      Price
Date of the transaction	27.03.2019
Place of the transaction	Outside a trading venue

--ENDS--

 

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