Transaction in Own Shares

RNS Number : 1700C

Diversified Gas & Oil PLC

13 June 2019

 

13 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 946,945 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 109.031 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:	13 June 2019
Aggregate number of ordinary shares purchased:	946,945
Lowest price paid per share:	107.500 pence
Highest price paid per share:	110.000 pence
Volume weighted average price paid per share:	109.031 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 5,321,832 ordinary shares in treasury.  Therefore, the total voting rights in DGO will be 688,847,256.  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	110.0	08:17:47	London Stock Exchange
125,000	110.0	08:18:01	London Stock Exchange
92,720	109.0	12:14:03	London Stock Exchange
93	108.5	12:29:53	London Stock Exchange
9,907	108.5	12:43:15	London Stock Exchange
447	108.5	12:50:54	London Stock Exchange
1,022	108.5	13:04:35	London Stock Exchange
129	108.5	14:04:54	London Stock Exchange
599	108.5	15:54:27	London Stock Exchange
874	108.5	16:11:56	London Stock Exchange
164,605	109.0	16:12:39	London Stock Exchange
6,929	108.5	16:13:20	London Stock Exchange
10,000	108.5	16:13:20	London Stock Exchange
10,000	108.5	16:13:20	London Stock Exchange
10,000	108.5	16:13:20	London Stock Exchange
10,000	108.5	16:13:20	London Stock Exchange
4,859	108.5	16:13:20	London Stock Exchange
5,141	108.5	16:13:20	London Stock Exchange
9,298	108.5	16:13:20	London Stock Exchange
702	108.5	16:13:20	London Stock Exchange
10,000	108.5	16:13:20	London Stock Exchange
10,000	108.5	16:13:20	London Stock Exchange
900	107.5	16:14:15	London Stock Exchange
9,400	108.5	16:15:30	London Stock Exchange
600	108.5	16:16:22	London Stock Exchange
1,038	108.5	16:17:09	London Stock Exchange
1,667	108.5	16:17:09	London Stock Exchange
1,041	108.5	16:17:59	London Stock Exchange
954	108.5	16:18:23	London Stock Exchange
1,039	108.5	16:18:48	London Stock Exchange
1,047	108.5	16:19:32	London Stock Exchange
1,919	108.5	16:20:14	London Stock Exchange
1,038	108.5	16:20:15	London Stock Exchange
257	108.5	16:20:17	London Stock Exchange
8,928	108.5	16:20:55	London Stock Exchange
1,053	108.5	16:21:24	London Stock Exchange
19	108.5	16:21:40	London Stock Exchange
399	108.5	16:24:26	London Stock Exchange
1,053	108.5	16:24:48	London Stock Exchange
1,059	108.5	16:25:17	London Stock Exchange
954	108.5	16:25:38	London Stock Exchange
1,060	108.5	16:25:44	London Stock Exchange
300,000	108.5	16:27:33	London Stock Exchange
16	108.5	16:29:06	London Stock Exchange
775	108.5	16:29:23	London Stock Exchange
959	108.5	16:29:25	London Stock Exchange
238	108.5	16:29:27	London Stock Exchange
896	108.5	16:29:44	London Stock Exchange
193	108.5	16:29:52	London Stock Exchange
1,118	108.5	16:30:16	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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