Transaction in Own Shares

RNS Number : 6288I
Diversified Gas & Oil PLC
09 August 2019
 

9 August 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 399,890 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 104.522 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

 

Date of purchase:

9 August 2019

Aggregate number of ordinary shares purchased:

399,890

Lowest price paid per share:

102.500 pence

Highest price paid per share:

105.500 pence

Volume weighted average price paid per share:

104.522 pence

 

Following the cancellation of Shares the Company will have 666,291,803 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.  All ordinary shares previously announced as held in treasury have been cancelled. The figure of 666,291,803 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

8,807

105.50

10:52:01

London Stock Exchange

1,754

105.50

10:52:01

London Stock Exchange

5,000

105.50

10:52:01

London Stock Exchange

2,858

105.50

10:52:20

London Stock Exchange

6,471

105.50

11:00:22

London Stock Exchange

87,538

104.75

12:28:16

London Stock Exchange

21,982

104.75

12:31:58

London Stock Exchange

33,396

104.75

07:31:58

London Stock Exchange

5,577

104.75

07:31:58

London Stock Exchange

5,577

104.75

07:31:58

London Stock Exchange

5,577

104.75

07:31:58

London Stock Exchange

4,183

104.75

07:31:58

London Stock Exchange

4,421

104.75

07:31:58

London Stock Exchange

4,183

104.75

07:31:58

London Stock Exchange

2,963

104.75

07:31:58

London Stock Exchange

2,410

104.75

07:31:58

London Stock Exchange

5,577

104.75

07:31:58

London Stock Exchange

5,758

104.75

07:32:41

London Stock Exchange

5,050

104.75

07:32:41

London Stock Exchange

6,049

104.75

07:32:41

London Stock Exchange

4,759

104.75

07:32:41

London Stock Exchange

9,348

104.75

09:46:10

London Stock Exchange

9,589

104.75

09:46:10

London Stock Exchange

6,063

104.75

09:46:10

London Stock Exchange

25,000

104.75

09:46:11

London Stock Exchange

13,716

104.50

10:04:08

London Stock Exchange

11,284

104.50

10:04:08

London Stock Exchange

25,000

104.50

10:04:08

London Stock Exchange

12,500

104.50

15:43:00

London Stock Exchange

12,350

104.50

10:43:00

London Stock Exchange

150

104.50

10:43:00

London Stock Exchange

5,000

103.00

11:01:47

London Stock Exchange

5,000

103.00

11:11:07

London Stock Exchange

5,000

103.00

11:11:09

London Stock Exchange

1,015

103.00

11:11:20

London Stock Exchange

3,985

103.00

11:11:28

London Stock Exchange

3,143

102.50

16:12:11

London Stock Exchange

173

102.50

16:12:54

London Stock Exchange

5,997

102.50

16:15:08

London Stock Exchange

15,687

102.50

16:24:21

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

 


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.
 
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