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Company Announcements

Transaction in Own Shares

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By LSE RNS

RNS Number : 3073N
Drax Group PLC
16 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:

16 January 2019

 

Aggregate number of ordinary shares purchased:

72,401

 

Lowest price paid per share:

402.20000

 

Highest price paid per share:

411.60000

 

Average price paid per share:

408.35223

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 13,692,362 shares at a cost (including dealing and associated costs) of £49,637,853.87.

 

Following the above transaction, the Company holds 13,692,362, of its ordinary shares in treasury and has 393,500,806 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:

72,401 (ISIN: GB00B1VNSX38)

 

Date of purchases:

16 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

408.35223

72,401

402.20000

411.60000

 


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