Drax Group PLC has announced the purchase of 148,000 of its ordinary shares of 11 16/29 pence each through RBC Europe Limited. The weighted average price paid for the shares was 666.93 pence, with the highest price paid at 670.00 pence and the lowest at 663.50 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 the company, excluding treasury shares, at 385,604,503 as of 16 August 2024.
Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 1,665,717 Ordinary Shares in aggregate for treasury. The company has provided contact information for its Head of Investor Relations and RBC Europe Limited. Additionally, in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014, a detailed breakdown of the individual trades made by RBC Europe Limited on behalf of Drax Group as part of the Programme has been provided.
The breakdown includes the venue, weighted average price, aggregated volume, and individual transactions, specifying the time, volume, price, and venue for each trade. This information is intended to 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.