RNS Number : 1604F
Drax Group PLC
15 April 2025
 

15 April 2025

DRAX GROUP PLC

Symbol: DRX

 

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

 

On Thursday 10 April 2025, options over shares were granted under the Drax Group plc 2024 Sharesave Plan Rules. The interests of four Persons Discharging Managerial Responsibility have changed following the grant as set out in the table below.

 

The notification is in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 

Brett Gladden

Group Company Secretary

 

 

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

Grant of options made pursuant to the Drax Group plc 2024 Sharesave Plan Rules

c)

Price(s) and volume(s)

Price(s)

Volume(s)

452.8 pence per share

6,879

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

10 April 2025

f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Andy Skelton

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

Grant of options made pursuant to the Drax Group plc 2024 Sharesave Plan Rules

c)

Price(s) and volume(s)

Price(s)

Volume(s)

452.8 pence per share

4,063

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

10 April 2025

f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Paul Sheffield

2.

Reason for the notification

a)

Position / status

Chief Commercial 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

Grant of options made pursuant to the Drax Group plc 2024 Sharesave Plan Rules

c)

Price(s) and volume(s)

Price(s)

Volume(s)

452.8 pence per share

6,879

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

10 April 2025

f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Lee Dawes

2.

Reason for the notification

a)

Position / status

Chief Operations 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

Grant of options made pursuant to the Drax Group plc 2024 Sharesave Plan Rules

c)

Price(s) and volume(s)

Price(s)

Volume(s)

452.8 pence per share

4,063

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

10 April 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

--ENDS--

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