Drax Group PLC has announced the purchase of 139,073 of its ordinary shares of 11 16/29 pence each through RBC Europe Limited. The weighted average price paid for the shares was 663.40 pence, with the highest price paid at 665.00 pence and the lowest at 661.50 pence. Following this transaction, Drax Group will have 427,491,322 Ordinary Shares in issue, including treasury shares, with the total number of voting rights in Drax Group, excluding treasury shares, at 384,843,249 as of 23 August 2024.
Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 2,426,971 Ordinary Shares in aggregate for treasury. The company has provided contacts at Drax Group and RBC Europe Limited for further information. Additionally, in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014, a breakdown of the individual trades made by RBC Europe Limited on behalf of Drax Group as part of the Programme has been detailed.
The breakdown includes the venue, weighted average price, aggregated volume, and individual transactions, providing a comprehensive overview of the share purchases made. This information may be used by shareholders and others with notification obligations to 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.