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Drax Group Plc (DRX)

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Friday 14 September, 2018

Drax Group Plc

Transaction in Own Shares

RNS Number : 8827A
Drax Group PLC
14 September 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:

14 September 2018

 

Aggregate number of ordinary shares purchased:

69,761

 

Lowest price paid per share:

371.80000

 

Highest price paid per share:

376.80000

 

Average price paid per share:

374.31019

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 7,823,304 shares at a cost (including dealing and associated costs) of £27,131,413.41.

 

Following the above transaction, the Company holds 7,823,304, of its ordinary shares in treasury and has 399,290,045 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:

69,761 (ISIN: GB00B1VNSX38)

 

Date of purchases:

14 September 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

374.31019

69,761

371.80000

376.80000

 


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