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") on the London Stock Exchange through J.P. Morgan Securities plc.
Date of purchase:
12 June 2025
Number of ordinary shares purchased:
223,940
Lowest price paid per share (p):
661.5000
Highest price paid per share (p):
668.5000
Volume weighted average price paid per share (p):
665.4419
Following the above transaction, Drax Group will have 431,106,874 Ordinary Shares in issue (including treasury shares). The total number of Ordinary Shares held in treasury is 77,842,176.
The total number of voting rights in Drax Group, excluding treasury shares as at 12 June 2025 is 353,264,698. 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 37,869,184 Ordinary Shares in aggregate for treasury.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made by J.P. Morgan Securities plc on behalf of Drax Group as part of the Programme is detailed below:
