Transaction in Own Shares

RNS Number : 8823L
Diversified Gas & Oil PLC
10 September 2019
 

10 September 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 307,136 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 109.936 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

 

Date of purchase:

10 September 2019

Aggregate number of ordinary shares purchased:

307,136

Lowest price paid per share:

107.440 pence

Highest price paid per share:

110.250 pence

Volume weighted average price paid per share:

109.936 pence

 

Following the cancellation of Shares the Company will have 660,056,789 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 660,056,789 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

2,060

109.50

09:46:01

London Stock Exchange

1,113

109.50

09:46:01

London Stock Exchange

1,658

109.50

09:46:01

London Stock Exchange

169

109.50

09:46:01

London Stock Exchange

2,125

107.44

09:46:20

London Stock Exchange

1,233

109.00

10:57:44

London Stock Exchange

100,000

110.25

12:06:51

London Stock Exchange

10,000

109.50

14:35:25

London Stock Exchange

6,817

109.50

14:35:25

London Stock Exchange

189

109.50

14:35:25

London Stock Exchange

2,994

109.50

14:35:46

London Stock Exchange

5,000

109.50

14:35:46

London Stock Exchange

2,005

109.50

14:35:46

London Stock Exchange

2,995

109.50

14:35:46

London Stock Exchange

5,000

109.50

14:35:46

London Stock Exchange

2,802

109.50

14:35:46

London Stock Exchange

2,198

109.50

14:35:46

London Stock Exchange

5,000

109.50

14:35:46

London Stock Exchange

5,000

109.50

14:35:46

London Stock Exchange

963

109.50

14:51:41

London Stock Exchange

5,000

109.50

14:51:41

London Stock Exchange

1,946

109.50

14:51:41

London Stock Exchange

2,512

109.50

14:51:41

London Stock Exchange

1,853

109.50

14:51:41

London Stock Exchange

867

109.50

14:51:41

London Stock Exchange

2,512

109.50

14:51:41

London Stock Exchange

8,264

109.50

14:51:41

London Stock Exchange

1,083

109.50

14:51:41

London Stock Exchange

50,000

110.25

15:05:21

London Stock Exchange

3,050

109.50

15:15:26

London Stock Exchange

178

109.50

15:42:35

London Stock Exchange

5,493

109.50

15:53:55

London Stock Exchange

7,100

109.50

16:01:59

London Stock Exchange

5,406

109.50

16:03:45

London Stock Exchange

52,551

110.00

16:06:30

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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