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Transaction in Own Shares

27th Apr 2018 16:53

RNS Number : 4600M
Drax Group PLC
27 April 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:

27 April 2018

 

Aggregate number of ordinary shares purchased:

84,016

 

Lowest price paid per share:

309.00000

 

Highest price paid per share:

319.00000

 

Average price paid per share:

313.03671

 

The Company intends to hold the purchased shares in treasury.

 

Since 20 April 2018, the Company has purchased 516,991 shares at a cost (including dealing and associated costs) of £1,585,528.59.

 

Following the above transaction, the Company holds 516,991, of its ordinary shares in treasury and has 406,522,584 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:

84,016 (ISIN: GB00B1VNSX38)

 

Date of purchases:

27 April 2018

 

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

313.03671

84,016

309.00000

319.00000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSEASLXASAPEFF

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Drax
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