Drax Group PLC Director/PDMR Shareholding (5676O)
August 21 2017 - 9:26AM
UK Regulatory
TIDMDRX
RNS Number : 5676O
Drax Group PLC
21 August 2017
21 August 2017
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected
Persons
Further to the announcement made on 19 July 2017, Drax confirms
that David Nussbaum joined the Company as a non-executive director
on 1 August 2017 as planned.
David Nussbaum has notified the Company that on 18 August 2017
he purchased 7,500 ordinary shares in Drax at a price of 315.0344
pence per share.
The shares are to be registered in his own name and the total
number of ordinary shares in which David Nussbaum has an interest
following this acquisition is 7,500.
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 of which
there were 406,862,155 shares in issue at the time of the
dealing.
Details of PDMR / person closely associated
with them ("PCA")
------------------------------------------------------------
Name David Nussbaum
------------------------------ ----------------------------
Reason for the notification
------------------------------------------------------------
Position Non-executive director
/ status
------------------------------ ----------------------------
Initial notification Initial Notification
/ amendment
------------------------------ ----------------------------
Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
------------------------------------------------------------
Name Drax Group plc
------------------------------ ----------------------------
LEI n/a
------------------------------ ----------------------------
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 Ordinary shares of 11 16/29
of the financial pence
instrument GB00BIVNSX38
Identification
code
------------------------------ ----------------------------
Nature of Purchase of shares
the transaction
------------------------------ ----------------------------
Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
315.0344 7,500
--------- ----------
------------------------------ ----------------------------
Aggregated
information
* Aggregated volume
* Price
------------------------------ ----------------------------
Date of the 2017-08-18
transaction
------------------------------ ----------------------------
Place of London Stock Exchange
the transaction
------------------------------ ----------------------------
David McCallum
Company Secretary
--ENDS--
This information is provided by RNS
The company news service from the London Stock Exchange
END
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