Director/PDMR Shareholding
Summary by AI BETAClose X
4 September 2025
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
Vesting of Long-Term Incentive Plan Shares
On 3 September 2025, shares in Drax Group plc were issued to Paul Sheffield, a Person Discharging Managerial Responsibility, as set forth in the table below.
The issuance was an automatic vesting of awards originally granted on 3 September 2024 under the Drax Group plc Long-Term Incentive Plan 2020 (the "LTIP").
The Company was notified on 3 September 2025 that Paul Sheffield sold sufficient shares to satisfy his liability to Income Tax and National Insurance Contributions ("Tax Liability") arising on the vesting of shares at 632.0 pence per share.
|
Director/PDMR |
Total LTIP award vesting1 |
Number of shares sold to meet the tax liability |
Net shares retained |
Total number of shares held in the Company (incl. held by spouse) |
|
Paul Sheffield |
20,524 |
9,681 |
10,843 |
86,666 |
Notes:
1. Includes shares in lieu of accrued dividends throughout the vesting period.
|
Details of PDMR / person closely associated with them ("PCA") |
|||||
|
Name |
Paul Sheffield |
||||
|
Reason for the notification |
|||||
|
Position / status |
Chief Commercial 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 GB00B1VNSX38 |
||||
|
Nature of the transaction |
Automatic vesting of the LTIP awards and sale of sufficient shares to cover taxes due. |
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|
Price(s) and volume(s) |
|
||||
|
Aggregated information - Aggregated volume - Price |
N/A
|
||||
|
Date of the transaction |
3 September 2025 |
||||
|
Place of the transaction |
XLON |
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--ENDS--
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