Transaction in Own Shares

Released : 21/01/2019

RNS Number : 6952N
Drax Group PLC
21 January 2019
 

 

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:

21 January 2019

 

Aggregate number of ordinary shares purchased:

43,918

 

Lowest price paid per share:

400.40000

 

Highest price paid per share:

410.60000

 

Average price paid per share:

404.62697

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 13,841,295 shares at a cost (including dealing and associated costs) of £50,250,181.83.

 

Following the above transaction, the Company holds 13,841,295, of its ordinary shares in treasury and has 393,351,873 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:

43,918 (ISIN: GB00B1VNSX38)

 

Date of purchases:

21 January 2019

 

Investment firm:

J.P. Morgan Securities plc

 

Aggregate information:

Venue

Volume-weighted average price (GBp)

Aggregated volume

Lowest price per share (GBp)

Highest price per share (GBp)

London Stock Exchange

404.62697

43,918

400.40000

410.60000

 


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