Drax Group PLC has announced the purchase of 299,952 of its ordinary shares of 11 16/29 pence each through RBC Europe Limited. The weighted average price paid for the shares was 651.01 pence, with the highest price paid at 657.00 pence and the lowest at 642.50 pence. Following this transaction, Drax Group will have 427,461,539 Ordinary Shares in issue, including treasury shares, with the total number of voting rights at 386,745,879 as of 8 August 2024.
Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 494,558 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 a 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. Mark Stafford, Head of Investor Relations at Drax Group, can be reached at +44 (0) 77 3076 3949, while James Agnew and Jack Wood at RBC Europe Limited can be contacted at +44 (0) 20 7653 4000.