Kurs & Likviditet
4 September 2024
Drax Group plc
("Drax" or "the Company")
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
On Tuesday 3 September 2024, awards over shares were made under The Drax Group plc Long Term Incentive Plan 2020 (LTIP), as part of the normal annual cycle of grants. Consequently, the share interests of the under-noted persons discharging managerial responsibility (PDMRs) have changed following the granting of these awards.
Awards made under the LTIP
The awards, made for nil consideration under the LTIP, are conditional awards and will vest over a period of up to three years subject to continued employment and to the extent any applicable performance conditions are met.
| PDMR |
Number of shares over which LTIP award made |
| Lee Dawes |
54,347 |
| Paul Sheffield |
59,006 |
The information below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
| Details of PDMR / person closely associated with them ("PCA") |
|||||
| Name |
Lee Dawes |
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| Reason for the notification |
|||||
| Position / status |
Chief Operations 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 |
Award made pursuant to the Drax Group plc Long Term Incentive Plan 2020 ("LTIP") |
||||
| Price(s) and volume(s) |
|
||||
| Aggregated information - Aggregated volume - Price |
N/A |
||||
| Date of the transaction |
3 September 2024 |
||||
| Place of the transaction |
XLON |
||||
| 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 |
Award made pursuant to the Drax Group plc Long Term Incentive Plan 2020 ("LTIP") |
||||
| Price(s) and volume(s) |
|
||||
| Aggregated information - Aggregated volume - Price |
N/A |
||||
| Date of the transaction |
3 September 2024 |
||||
| Place of the transaction |
XLON |
||||
--ENDS--