Drax Group PLC Director/PDMR Shareholding (5379P)
October 11 2019 - 4:00AM
UK Regulatory
TIDMDRX
RNS Number : 5379P
Drax Group PLC
11 October 2019
11 October 2019
DRAX GROUP PLC
Symbol: DRX
Notification of Transactions of Persons Discharging Managerial
Responsibility
The notification below is in accordance with the requirements of
Article 19 (3) of the EU Market Abuse Regulation 596/2014 and the
dealings were in respect of ordinary shares of 11 (16) /(29) pence
each in the share capital of Drax Group plc.
On 10 October 2019, a performance share award over 99,878 shares
was made under the Drax Group plc Performance Share Plan ("PSP") to
Esa Heiskanen. The performance award, made for nil consideration,
is a conditional award with vesting normally deferred for three
years, subject to the satisfaction of certain performance
conditions and to the participant remaining in employment until the
vesting date.
There were 410,270,609 shares in issue at the time of this
notification.
The information below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
Details of PDMR / person closely associated with them ("PCA")
Name Esa Heiskanen
---------------------------------------
Reason for the notification
Position / status EVP Capital Projects
---------------------------------------
Initial notification Initial Notification
/ amendment
---------------------------------------
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
Name Drax Group plc
---------------------------------------
LEI 549300YPSNTXR4ZHSR98
---------------------------------------
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
Description Ordinary shares of 11 16/29 pence
of the financial GB00BIVNSX38
instrument
Identification
code
---------------------------------------
Nature of the Performance award made pursuant to the
transaction Drax Group plc Performance Share Plan
("PSP")
---------------------------------------
Price(s) and Price(s) Volume(s)
volume(s) nil 99,878
----------
---------------------------------------
Aggregated information
* Aggregated volume
nil
* Price
---------------------------------------
Date of the 10 October 2019
transaction
---------------------------------------
Place of the Outside a trading venue
transaction
---------------------------------------
--ENDS--
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHMMBATMBJBBFL
(END) Dow Jones Newswires
October 11, 2019 04:00 ET (08:00 GMT)
Drax (LSE:DRX)
Historical Stock Chart
From Apr 2024 to May 2024
Drax (LSE:DRX)
Historical Stock Chart
From May 2023 to May 2024