4 May 2022
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
Will Gardiner, CEO and a PDMR, has notified the Company that on 3 May 2022 he sold 30,000 ordinary shares in the Company at an aggregate price of 808.5 pence per share. Following the transaction, Will Gardiner's total shareholding in the Company is 693,375 shares.
The information below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation 596/2014 notification and is in respect of ordinary shares of 11 16/29 pence each in the share capital of the Company. As at the date of announcement, there are 414,397,016 ordinary shares of 11 16/29 pence each, of which 13,841,295 ordinary shares are held in treasury. Treasury shares do not carry voting rights.
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Details of PDMR / person closely associated with them ("PCA") |
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Name |
Will Gardiner |
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Reason for the notification |
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Position / status |
Group CEO |
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Initial notification / amendment |
Initial Notification |
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Name |
Drax Group plc |
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LEI |
549300YPSNTXR4ZHSR98 |
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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 |
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Description of the financial instrument Identification code |
Ordinary shares of 11 16/29 pence GB00B1VNSX38 |
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Nature of the transaction |
Sale of ordinary shares |
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Price(s) and volume(s) |
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Aggregated information - Aggregated volume - Price |
N/A (single transaction)
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Date of the transaction |
3 May 2022 |
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Place of the transaction |
London Stock Exchange |
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