Transaction in Own Shares

RNS Number : 9642G
Drax Group PLC
09 November 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:

9 November 2018

 

Aggregate number of ordinary shares purchased:

61,474

 

Lowest price paid per share:

418.00000

 

Highest price paid per share:

427.80000

 

Average price paid per share:

424.74202

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 10,498,494 shares at a cost (including dealing and associated costs) of £37,589,186.60.

 

Following the above transaction, the Company holds 10,498,494, of its ordinary shares in treasury and has 396,670,397 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:

61,474 (ISIN: GB00B1VNSX38)

 

Date of purchases:

9 November 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

424.74202

61,474

418.00000

427.80000

 


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Drax Group (DRX)
UK 100

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