Drax Group PLC Transaction in Own Shares (8024X)
August 14 2018 - 11:54AM
UK Regulatory
TIDMDRX
RNS Number : 8024X
Drax Group PLC
14 August 2018
Transactions in own shares
Drax Group plc (the Company) announces today it has purchased
the following number of its ordinary shares of 11 16/29 pence each
through J.P. Morgan Securities plc.
Date of purchase: 14 August 2018
Aggregate number of ordinary shares
purchased: 80,384
Lowest price paid per share: 365.20000
Highest price paid per share: 370.00000
Average price paid per share: 367.14160
The Company intends to hold the purchased shares in
treasury.
Since 20 April 2018, the Company has purchased 6,308,372 shares
at a cost (including dealing and associated costs) of
GBP21,354,178.28.
Following the above transaction, the Company holds 6,308,372, of
its ordinary shares in treasury and has 400,788,643 ordinary shares
in issue (excluding treasury shares).
The table below contains detailed information about the
purchases made as part of the buyback programme.
Schedule of Purchases
Shares purchased: 80,384 (ISIN: GB00B1VNSX38)
Date of purchases: 14 August 2018
Investment firm: J.P. Morgan Securities plc
Aggregate information:
Venue Volume-weighted Aggregated Lowest price Highest price
average price (GBp) volume per share per share (GBp)
(GBp)
London Stock Exchange 367.14160 80,384 365.20000 370.00000
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END
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