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.
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Drax remains on track to meet forecasts this year with its forward contracts insulating it against low electricity prices.
Top Director Buys
European Goldfields Ltd. (EGU) Director name: Mr Martyn KonigAmount purchased: 20,000 @ 841.54p Value: £168,308
Middlefield Canadian Income Trust Inv Co (MCT) Director name: Mr Garth JestleyAmount purchased: 100,000 @ 82.56p Value: £82,560
Drax Group (DRX) Director name: Mr Tony ThorneAmount purchased: 7,500 @ 378.69p Value: £28,402
Telecity Group (TCY) Director name: Mr Michael TobinAmount purchased: 3,700 @ 490.00p Value: £18,130
Blackstar Group (BLCK) Director name: Mr Wolfgang BaertzAmount purchased: 13,158 @ 76.00p Value: £10,000
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Imperial Innovations Group (IVO) Director name: Ms Susan SearleAmount sold: 21,968 @ 400.00p Value: £87,872
Imperial Innovations Group (IVO) Director name: Mr Julian SmithAmount sold: 17,256 @ 400.00p Value: £69,024
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