Transaction in Own Shares

RNS Number : 5539J

Diversified Gas & Oil PLC

19 August 2019

 

19 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 124,417 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 97.633 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	19 August 2019
Aggregate number of ordinary shares purchased:	124,417
Lowest price paid per share:	97.00 pence
Highest price paid per share:	98.00 pence
Volume weighted average price paid per share:	97.633 pence

Following the cancellation of Shares the Company will have 664,763,281 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 664,763,281 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
6,250	98.0	08:10:12	London Stock Exchange
4,688	98.0	08:12:12	London Stock Exchange
3,516	98.0	08:12:50	London Stock Exchange
3,175	98.0	08:14:09	London Stock Exchange
3,175	98.0	08:14:48	London Stock Exchange
2,098	98.0	08:16:08	London Stock Exchange
1,049	98.0	08:16:46	London Stock Exchange
525	98.0	08:17:27	London Stock Exchange
262	98.0	08:18:06	London Stock Exchange
175	98.0	08:18:46	London Stock Exchange
87	98.0	08:19:26	London Stock Exchange
3,594	97.4	11:26:30	London Stock Exchange
2,383	97.4	11:26:30	London Stock Exchange
5,000	97.4	11:26:30	London Stock Exchange
244	97.4	11:26:30	London Stock Exchange
2,994	97.4	11:31:49	London Stock Exchange
5,000	97.4	11:31:49	London Stock Exchange
5,785	97.4	11:31:49	London Stock Exchange
276	97.0	14:00:07	London Stock Exchange
1,001	97.0	14:28:18	London Stock Exchange
4,130	97.0	14:28:58	London Stock Exchange
2,093	97.0	14:29:40	London Stock Exchange
2	97.0	14:34:59	London Stock Exchange
4,398	97.0	16:13:18	London Stock Exchange
3,100	97.0	16:18:57	London Stock Exchange
244	97.0	16:18:57	London Stock Exchange
7,598	97.8	16:26:54	London Stock Exchange
67	97.8	16:26:54	London Stock Exchange
5,995	97.8	16:26:54	London Stock Exchange
6,642	97.8	16:26:54	London Stock Exchange
11,505	97.8	16:26:54	London Stock Exchange
4,152	97.8	16:26:54	London Stock Exchange
2,877	97.8	16:26:54	London Stock Exchange
209	97.8	16:26:54	London Stock Exchange
1,955	97.8	16:26:54	London Stock Exchange
2,604	97.6	16:27:53	London Stock Exchange
3,423	97.6	16:28:32	London Stock Exchange
3,360	97.6	16:29:12	London Stock Exchange
2,835	97.6	16:29:15	London Stock Exchange
397	97.6	16:29:15	London Stock Exchange
3,721	97.6	16:29:38	London Stock Exchange
1,833	97.6	16:29:49	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]

 

END

 

 

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