Drax Group PLC has announced that Rob Shuter, a Non-Executive Director and PDMR, has purchased 80,000 ordinary shares of 11 16/29 pence each in the Company at an aggregate price of 646.0884 pence per share. Following the transaction, Mr. Shuter's total shareholding in the Company is 80,000 ordinary shares.
This notification is in accordance with the requirements of Article 19 of the UK Market Abuse Regulation. The details of the transaction include the nature of the transaction, the price and volume of the shares, the date of the transaction (31 July 2024), and the place of the transaction (XLON).
This purchase by Rob Shuter, a key figure within the company, may indicate confidence in the company's future performance and prospects.