Drax director buys

Drax non-executive director Tony Thorne has bought £28,000 worth of shares in the power generator.

He has paid 378.69p a share for 7,500 shares. Thorne was appointed to the board in June and these are the first shares he has bought.

Thorne is a former chief executive of paper company DS Smith.

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Drax remains on track to meet forecasts this year with its forward contracts insulating it against low electricity prices.

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