Drax Group plc ("Drax Group") announces that, in accordance with the terms of its share buyback programme (the "Programme") announced on 7 August 2024, it has purchased the following number of its ordinary shares of 11 16/29 pence each ("Ordinary Shares") through RBC Europe Limited.
Date of Purchase
16 October 2024
Number of ordinary shares purchased
250,000
Weighted average price paid (p)
654.28
Highest price paid (p)
661.00
Lowest price paid (p)
641.00
Following the above transaction, Drax Group will have 427,714,291 Ordinary Shares in issue (including treasury shares). The total number of Ordinary Shares held in treasury is 48,021,473.
The total number of voting rights in Drax Group, excluding treasury shares as at 16 October 2024 is 379,692,818. This figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Drax Group under the FCA's Disclosure and Transparency Rules.
Since the announcement of the Programme on 7 August 2024, Drax Group has purchased 7,934,276 Ordinary Shares in aggregate for treasury.
