Drax Group PLC has announced the purchase of 152,159 of its ordinary shares through RBC Europe Limited as part of its share buyback program. The weighted average price paid for the shares was 662.94 pence, with the highest price paid at 666.00 pence and the lowest at 660.00 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 385,748,038 as of 15 August 2024.
Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 1,517,717 Ordinary Shares in aggregate for treasury. The company has provided a detailed breakdown of the individual trades made by RBC Europe Limited on behalf of Drax Group as part of the Programme, in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation).
For further information, contacts at Drax Group and RBC Europe Limited have been provided for investor relations and inquiries.