Director/PDMR Shareholding
Summary by AI BETAClose X
17 March 2026
DRAX GROUP PLC
Symbol: DRX
("Drax", "the Group", "Drax Group", "the Company")
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
On Friday 13 March 2026, awards over shares were made under The Drax Group plc Deferred Share Plan (DSP), as part of the normal annual cycle of grants. Consequently, the share interests of the under-noted directors have changed following the granting of these awards.
Awards made under the DSP
The deferred awards, made under the DSP for nil consideration as conditional awards, were made in respect of the deferred element of the annual bonus for the financial year ended 31 December 2025. Vesting of the DSP shares is normally deferred for three years and subject to the participant remaining in employment until the vesting date.
|
Director/PDMR |
Number of shares over which DSP award made |
|
Will Gardiner |
39,474 |
|
Frank Lemmink |
7,708 |
Rebecca Dunn
Group Company Secretary
The notifications below are all in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
|
1. |
Details of PDMR / person closely associated with them ("PCA") |
|||||||
|
a) |
Name |
Will Gardiner |
||||||
|
2. |
Reason for the notification |
|||||||
|
a) |
Position / status |
Chief Executive Officer |
||||||
|
b) |
Initial notification / amendment |
Initial Notification |
||||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
Drax Group plc |
||||||
|
b) |
LEI |
549300YPSNTXR4ZHSR98 |
||||||
|
4. |
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 |
|||||||
|
a) |
Description of the financial instrument Identification code |
Ordinary shares of 11 16/29 pence GB00BIVNSX38 |
||||||
|
b) |
Nature of the transaction |
(i) Deferred award made pursuant to The Drax Group plc Deferred Share Plan (DSP)
|
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||||
|
e) |
Date of the transaction |
13 March 2026 |
||||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||||
|
1. |
Details of PDMR / person closely associated with them ("PCA") |
|||||||
|
a) |
Name |
Frank Lemmink |
||||||
|
2. |
Reason for the notification |
|||||||
|
a) |
Position / status |
Chief Financial Officer |
||||||
|
b) |
Initial notification / amendment |
Initial Notification |
||||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
Drax Group plc |
||||||
|
b) |
LEI |
549300YPSNTXR4ZHSR98 |
||||||
|
4. |
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 |
|||||||
|
a) |
Description of the financial instrument Identification code |
Ordinary shares of 11 16/29 pence GB00BIVNSX38 |
||||||
|
b) |
Nature of the transaction |
(i) Deferred award made pursuant to The Drax Group plc Deferred Share Plan (DSP)
|
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||||
|
e) |
Date of the transaction |
13 March 2026 |
||||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||||
--ENDS--
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