Transaction in Own Shares

RNS Number : 1059E

Diversified Gas & Oil PLC

01 July 2019

 

1 July 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 751,204 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 112.416 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:	1 July 2019
Aggregate number of ordinary shares purchased:	751,204
Lowest price paid per share:	111.500 pence
Highest price paid per share:	113.000 pence
Volume weighted average price paid per share:	112.416 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 14,482,713 ordinary shares in treasury.  Therefore, the total voting rights in DGO will be 679,686,375.  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
125,000	112.5	09:14:38	London Stock Exchange
125,000	113.0	09:56:42	London Stock Exchange
125,000	113.0	09:56:59	London Stock Exchange
125,000	112.5	10:09:50	London Stock Exchange
837	112.0	11:09:50	London Stock Exchange
994	112.0	11:21:59	London Stock Exchange
587	112.0	12:50:02	London Stock Exchange
1,278	112.0	13:00:58	London Stock Exchange
1,194	112.0	13:19:36	London Stock Exchange
1,398	112.0	13:37:02	London Stock Exchange
842	112.0	13:50:37	London Stock Exchange
998	112.0	13:53:17	London Stock Exchange
101	112.0	14:04:49	London Stock Exchange
361	112.0	14:04:50	London Stock Exchange
1,410	112.0	14:04:51	London Stock Exchange
10,000	112.0	14:04:51	London Stock Exchange
5,802	112.0	14:04:51	London Stock Exchange
4,198	112.0	14:04:51	London Stock Exchange
3,209	112.0	14:04:51	London Stock Exchange
6,360	112.0	14:04:51	London Stock Exchange
431	112.0	14:05:15	London Stock Exchange
393	112.0	14:05:15	London Stock Exchange
786	112.0	14:05:15	London Stock Exchange
1,303	112.0	14:05:16	London Stock Exchange
367	112.0	14:22:10	London Stock Exchange
51,204	112.25	14:23:00	London Stock Exchange
1,423	112.0	14:25:15	London Stock Exchange
5	112.0	14:34:51	London Stock Exchange
5,723	112.0	14:34:56	London Stock Exchange
75,000	111.5	14:56:35	London Stock Exchange
75,000	111.5	14:56:51	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 [e-mail]	+ 1 [phone]
Cenkos Securities plc (Nominated Adviser) Russell Cook Katy Birkin Ben Jeynes	[phone]
Mirabaud Securities Limited (Joint Broker) Peter Krens Edward Haig-Thomas	[phone]
Stifel Nicolaus Europe Limited (Joint Broker) Callum Stewart Nicholas Rhodes Ashton Clanfield	[phone]
Buchanan (Financial Public Relations) Ben Romney Chris Judd James Husband [e-mail]	[phone]

 

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