Transaction in Own Shares

RNS Number : 6358O

Drax Group PLC

18 May 2018

 

Transactions in own shares

Drax Group plc (the Company) announces today it has purchased the following number of its ordinary shares of 11 16/29 pence each through J.P. Morgan Securities plc.

Date of purchase:	18 May 2018
Aggregate number of ordinary shares purchased:	74,836
Lowest price paid per share:	346.40000
Highest price paid per share:	352.60000
Average price paid per share:	350.13310

The Company intends to hold the purchased shares in treasury.

Since 20 April 2018, the Company has purchased 1,632,247 shares at a cost (including dealing and associated costs) of £5,269,083.47.

Following the above transaction, the Company holds 1,632,247, of its ordinary shares in treasury and has 405,415,146 ordinary shares in issue (excluding treasury shares).

The table below contains detailed information about the purchases made as part of the buyback programme.

Schedule of Purchases

Shares purchased:	74,836 (ISIN: GB00B1VNSX38)
Date of purchases:	18 May 2018
Investment firm:	J.P. Morgan Securities plc

Aggregate information:

Venue	Volume-weighted average price (GBp)	Aggregated volume	Lowest price per share (GBp)	Highest price per share (GBp)
London Stock Exchange	350.13310	74,836	346.40000	352.60000

 

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