Transaction in Own Shares
Updated : 16:48
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: | 9 November 2018
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Aggregate number of ordinary shares purchased: | 61,474
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Lowest price paid per share: | 418.00000
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Highest price paid per share: | 427.80000
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Average price paid per share: | 424.74202
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The Company intends to hold the purchased shares in treasury.
Since 20 April 2018, the Company has purchased 10,498,494 shares at a cost (including dealing and associated costs) of £37,589,186.60.
Following the above transaction, the Company holds 10,498,494, of its ordinary shares in treasury and has 396,670,397 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: | 61,474 (ISIN: GB00B1VNSX38)
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Date of purchases: | 9 November 2018
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Investment firm: | J.P. Morgan Securities plc
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Aggregate information:
Venue | Volume-weighted average price (GBp) | Aggregated volume | Lowest price per share (GBp) | Highest price per share (GBp) |
London Stock Exchange | 424.74202 | 61,474 | 418.00000 | 427.80000 |
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