Transaction in Own Shares

RNS Number : 9206D
Diversified Gas & Oil PLC
28 June 2019
 

28 June 2019

 

DIVERSIFIED GAS & OIL PLC

("DGO" or the "Company")

 

Transaction in own shares

 

Diversified Gas & Oil plc (AIM: DGO), the US based owner and operator of natural gas, natural gas liquids and oil wells as well as midstream assets, announces that, in accordance with the terms of its share buyback programme announced on 30 April 2019 it has purchased 214,187 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 110.380 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will be held in treasury for cancellation.

 

Date of purchase:

28 June 2019

Aggregate number of ordinary shares purchased:

214,187

Lowest price paid per share:

110.000 pence

Highest price paid per share:

110.750 pence

Volume weighted average price paid per share:

110.380 pence

 

The number of ordinary shares in issue is 694,169,088 (including treasury shares) and following the purchase of the Shares, the Company will hold 13,731,509 ordinary shares in treasury.  Therefore, the total voting rights in DGO will be 680,437,579.  This figure for the total number of voting rights may be used by shareholders 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, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.

 

Individual transactions:

Number of shares purchased

Transaction price (pence per share)

Time of transaction

Trading venue

50,000

110.0

09:22

London Stock Exchange

50,000

110.75

12:14

London Stock Exchange

1

110.0

13:31

London Stock Exchange

652

110.0

13:42

London Stock Exchange

391

110.0

13:50

London Stock Exchange

21,767

110.0

13:59

London Stock Exchange

2,189

110.0

13:59

London Stock Exchange

5,465

110.5

14:04

London Stock Exchange

3,806

110.5

14:04

London Stock Exchange

4,272

110.5

14:04

London Stock Exchange

21

110.5

14:04

London Stock Exchange

19,240

110.5

14:04

London Stock Exchange

2,196

110.5

14:04

London Stock Exchange

2,877

110.5

14:05

London Stock Exchange

1,315

110.5

14:05

London Stock Exchange

2,877

110.5

14:05

London Stock Exchange

22

110.5

14:05

London Stock Exchange

1

110.5

14:05

London Stock Exchange

796

110.5

14:05

London Stock Exchange

11,802

110.5

14:22

London Stock Exchange

16,786

110.5

14:22

London Stock Exchange

17

110.5

14:35

London Stock Exchange

92

110.5

14:45

London Stock Exchange

46

110.5

14:50

London Stock Exchange

2,920

110.5

14:54

London Stock Exchange

4,988

110.5

14:57

London Stock Exchange

8,338

110.5

15:08

London Stock Exchange

1,310

110.0

16:28

London Stock Exchange

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

Diversified Gas & Oil PLC

Rusty Hutson Jr., Chief Executive Officer

Brad Gray, Chief Operating Officer & Finance Director

Eric Williams, Chief Financial Officer

www.dgoc.com

ir@dgoc.com

 

 

+ 1 (205) 408 0909

 

Cenkos Securities plc

(Nominated Adviser)

Russell Cook

Katy Birkin

Ben Jeynes

 

 

+44 (0)20 7397 8900

 

Mirabaud Securities Limited

(Joint Broker)

Peter Krens

Edward Haig-Thomas

 

 

+44 (0)20 3167 7221

 

Stifel Nicolaus Europe Limited

(Joint Broker)

Callum Stewart

Nicholas Rhodes

Ashton Clanfield

 

 

+44 (0)20 7710 7600

Buchanan

(Financial Public Relations)

Ben Romney

Chris Judd

James Husband

dgo@buchanan.uk.com

+44 (0)20 7466 5000

 


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