18th Sep 2006 16:32
Drax Group PLC18 September 2006 DRAX GROUP PLC ("DRAX" or the "Company") (Symbol: DRX) NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS +-----+------------------------------------------------------------------------+| 1 |Name of the issuer |+-----+------------------------------------------------------------------------+| |DRAX GROUP PLC |+-----+------------------------------------------------------------------------+| 2 |State whether the notification relates to |+-----+------------------------------------------------------------------------+| |(i) a transaction notified in accordance with DR 3.1.4R (1) (a) or |+-----+------------------------------------------------------------------------+| |(ii) DR 3.1.4R (1) (b) a disclosure made in accordance with section 324 || |(as extended by section 328) of the Companies Act 1985 or |+-----+------------------------------------------------------------------------+| |(iii) both (i) and (ii) |+-----+------------------------------------------------------------------------+| |(iii) ABOVE |+-----+------------------------------------------------------------------------+| 3 |Name of person discharging managerial responsibilities/director |+-----+------------------------------------------------------------------------+| |GORDON CHRISTOPHER HORSFIELD |+-----+------------------------------------------------------------------------+| 4 |State whether notification relates to a person connected with a person || |discharging managerial responsibilities/director named in 3 and identify|| |the connected person |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 5 |Indicate whether the notification is in respect of a holding of the || |person referred to in 3 or 4 above or in respect of a non-beneficial || |interest |+-----+------------------------------------------------------------------------+| |HOLDING IN RESPECT OF THE PERSON REFERRED TO IN 3 ABOVE |+-----+------------------------------------------------------------------------+| 6 |Description of shares (including class), debentures or derivatives or || |financial instruments relating to shares |+-----+------------------------------------------------------------------------+| |ORDINARY SHARES OF 10 PENCE EACH IN DRAX GROUP PLC |+-----+------------------------------------------------------------------------+| 7 |Name of registered shareholders(s) and, if more than one, the number of || |shares held by each of them |+-----+------------------------------------------------------------------------+| |PERSON NAMED IN 3 ABOVE |+-----+------------------------------------------------------------------------+| 8 |State the nature of the transaction |+-----+------------------------------------------------------------------------+| |DISPOSAL |+-----+------------------------------------------------------------------------+| 9 |Number of shares, debentures or financial instruments relating to shares|| |acquired |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 10 |Percentage of issued class acquired (treasury shares of that class || |should not be taken into account when calculating percentage) |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 11 |Number of shares, debentures or financial instruments relating to shares|| |disposed |+-----+------------------------------------------------------------------------+| |1,357,912 |+-----+------------------------------------------------------------------------+| 12 |Percentage of issued class disposed (treasury shares of that class || |should not be taken into account when calculating percentage) |+-----+------------------------------------------------------------------------+| |0.33% |+-----+------------------------------------------------------------------------+| 13 |Price per share or value of transaction |+-----+------------------------------------------------------------------------+| |895 PENCE EACH |+-----+------------------------------------------------------------------------+| 14 |Date and place of transaction |+-----+------------------------------------------------------------------------+| |18 SEPTEMBER 2006 - LONDON |+-----+------------------------------------------------------------------------+| 15 |Total holding following notification and total percentage holding || |following notification (any treasury shares should not be taken into || |account when calculating percentage) |+-----+------------------------------------------------------------------------+| |3, 097,913 (0.76%), OF WHICH 350,000 (0.09%) SHARES REPRESENTS A HOLDING|| |OF A NON-BENEFICIAL NATURE |+-----+------------------------------------------------------------------------+| 16 |Date issuer informed of transaction |+-----+------------------------------------------------------------------------+| |18 SEPTEMBER 2006 |+-----+------------------------------------------------------------------------+| |If a person discharging managerial responsibilities has been granted || |options by the issuer complete the following boxes |+-----+------------------------------------------------------------------------+| 17 |Date of grant |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 18 |Period during which or date on which it can be exercised |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 19 |Total amount paid (if any) for grant of the option |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 20 |Description of shares or debentures involved (class and number) |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 21 |Exercise price (if fixed at time of grant) or indication that price is || |to be fixed at the time of exercise |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 22 |Total number of shares or debentures over which options held following || |notification |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 23 |Any additional information |+-----+------------------------------------------------------------------------+| |N/A |+-----+------------------------------------------------------------------------+| 24 |Name of contact and telephone number for Queries |+-----+------------------------------------------------------------------------+| |Phil White, Assistant Secretary 01757 612167 |+-----+------------------------------------------------------------------------+| |Name and signature of duly authorised officer of issuer responsible for || |making notification |+-----+------------------------------------------------------------------------+| |Peter Rothwell, Company Secretary |+-----+------------------------------------------------------------------------+| |Date of notification |+-----+------------------------------------------------------------------------+| |18 September 2006 |+-----+------------------------------------------------------------------------+ -- ENDS -- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Drax