Transaction in Own Shares

By

Regulatory News | 25 Oct, 2024

Updated : 17:23

RNS Number : 7533J
Drax Group PLC
25 October 2024
 

25 October 2024

 

Drax Group plc

Transaction in own shares

Drax Group plc ("Drax Group") announces that, in accordance with the terms of its share buyback programme (the "Programme") announced on 7 August 2024, it has purchased the following number of its ordinary shares of 11 16/29 pence each ("Ordinary Shares") through RBC Europe Limited.

 

Date of Purchase

25 October 2024

Number of ordinary shares purchased

5,000

Weighted average price paid (p)

641.78

Highest price paid (p)

642.50

Lowest price paid (p)

640.50

 

Following the above transaction, Drax Group will have 427,726,673 Ordinary Shares in issue (including treasury shares). The total number of Ordinary Shares held in treasury is 49,368,548.

 

The total number of voting rights in Drax Group, excluding treasury shares as at 25 October 2024 is 378,358,125. This figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Drax Group under the FCA's Disclosure and Transparency Rules.

Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 9,281,351 Ordinary Shares in aggregate for treasury.

 

Contact at Drax Group

Contacts at RBC Europe Limited

Mark Stafford, Head of Investor Relations

Tel: +44 (0) 77 3076 3949

James Agnew, Jack Wood

Tel: +44 (0) 20 7653 4000

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made by RBC Europe Limited on behalf of Drax Group as part of the Programme is detailed below:

Aggregate information: 

 

Venue

Weighted Average Price

(pence per share)

Aggregated Volume

CHIX

641.78

5,000

XLON

0.00

0

Aquis

0.00

0

BATE

0.00

0

TRQX

0.00

0


Individual transactions:

 

Transaction Time

Volume

Price

Platform

08:10:26

530

642.5

CHIX

08:10:26

7

642.5

CHIX

08:10:26

193

642.5

CHIX

08:13:28

200

642.5

CHIX

08:13:28

202

642.5

CHIX

08:49:41

211

642.5

CHIX

08:49:41

229

642.5

CHIX

09:16:14

410

642.5

CHIX

08:10:28

540

642.0

CHIX

08:14:57

204

642.0

CHIX

08:14:57

506

642.0

CHIX

08:10:30

200

641.5

CHIX

08:08:40

203

641.0

CHIX

08:19:01

557

641.0

CHIX

08:04:02

200

640.5

CHIX

08:04:02

204

640.5

CHIX

08:04:10

404

640.5

CHIX

 

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