Drax Group plc has announced the purchase of 160,000 of its ordinary shares of 11 16/29 pence each through RBC Europe Limited. The weighted average price paid for the shares was 661.93 pence, with the highest price paid at 668.00 pence and the lowest at 655.50 pence. Following this transaction, Drax Group will have 427,486,857 Ordinary Shares in issue, including treasury shares, with the total number of voting rights at 385,900,197 as of 15 August 2024.
Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 1,365,558 Ordinary Shares in aggregate for treasury. The company has provided detailed individual trade breakdowns made by RBC Europe Limited on behalf of Drax Group as part of the Programme. Shareholders and others with notification obligations can use the total number of voting rights as the denominator for the calculations 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.
For further information, contacts at Drax Group and RBC Europe Limited have been provided. This announcement is in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation).