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03 June 2025 23:11:11
- Source: Sharecast
3 June 2025
DRAX GROUP PLC
Symbol: DRX
Notification of Transactions of Directors,
Persons Discharging Managerial Responsibility or Connected Persons
Maturity of Sharesave options
On 15 April 2020, options were granted under the Drax Group plc Sharesave Plan (the 'Sharesave Plan'). The 2020 five-year Sharesave Plan options matured on 1 June 2025. Will Gardiner, Chief Executive Officer and a Person Discharging Managerial Responsibility, has notified the Company that on 1 June 2025 he exercised his option to acquire 23,603 ordinary shares at a price of 127.1 pence per share following the maturity of the Sharesave Plan.
The notification is in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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1. |
Details of PDMR / person closely associated with them ("PCA") |
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a) |
Name |
Will Gardiner |
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Executive Officer |
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b) |
Initial notification / amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Drax Group plc |
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b) |
LEI |
549300YPSNTXR4ZHSR98 |
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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 |
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a) |
Description of the financial instrument Identification code |
Ordinary shares of 11 16/29 pence GB00BIVNSX38 |
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b) |
Nature of the transaction |
Maturity of options pursuant to the Drax Group plc Sharesave Plan Rules |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
1 June 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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--ENDS--
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