Source - LSE Regulatory
RNS Number : 6832B Drax Group PLC 21 March 2025 21 March 2025 DRAX GROUP PLC Symbol: DRX ("Drax", "the Group", "Drax Group", "the Company") Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons On Thursday 20 March 2025, awards over shares were made under The Drax Group plc Long Term Incentive Plan 2020 (LTIP) and The Drax Group plc Deferred Share Plan (DSP), as part of the normal annual cycle of grants. Consequently, the share interests of the under-noted directors and persons discharging managerial responsibility (PDMRs) have changed following the granting of these awards. Awards made under the LTIP The performance awards, made for nil consideration under the LTIP, are conditional awards. Vesting of the LTIP award shares is normally deferred for three years and subject to the satisfaction of certain performance conditions and to the participant remaining in employment until the vesting date. Awards to Executive Directors are subject to an additional two-year holding period following the date of vesting. *Executive Directors of Drax Group plc. Awards made under the DSP The deferred awards, made under the DSP for nil consideration as conditional awards, were made in respect of the deferred element of the annual bonus for the financial year ended 31 December 2024. Vesting of the DSP shares is normally deferred for three years and subject to the participant remaining in employment until the vesting date. Brett Gladden Group Company Secretary The notifications below are all in accordance with the requirements of Article 19 of the UK Market Abuse Regulation. --ENDS-- This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END DSHJBMMTMTMTBIA
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