Transaction in Own Shares

RNS Number : 4012V

Diversified Gas & Oil PLC

02 December 2019

 

2 December 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, oil wells and midstream assets, announces that, in accordance with the terms of its share buyback programme announced on 30 April 2019 it has purchased 218,820 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 101.672 pence per Share through Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	2 December 2019
Aggregate number of ordinary shares purchased:	218,820
Lowest price paid per share:	100.500 pence
Highest price paid per share:	102.000 pence
Volume weighted average price paid per share:	101.672 pence

Following the cancellation of Shares the Company will have 658,645,711 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.   The figure of 658,645,711 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
7,905	102.00	11:19:59	London Stock Exchange
11,314	102.00	11:19:59	London Stock Exchange
2,144	102.00	11:29:31	London Stock Exchange
1,260	102.00	11:29:31	London Stock Exchange
275	102.00	11:29:31	London Stock Exchange
1,247	102.00	11:29:31	London Stock Exchange
186	102.00	11:29:31	London Stock Exchange
608	102.00	11:29:31	London Stock Exchange
543	102.00	11:29:31	London Stock Exchange
725	102.00	11:30:09	London Stock Exchange
7,000	102.00	11:33:38	London Stock Exchange
41	102.00	11:33:46	London Stock Exchange
2,700	102.00	11:37:31	London Stock Exchange
2,882	102.00	11:37:31	London Stock Exchange
20,000	102.00	11:41:55	London Stock Exchange
25,000	102.00	11:47:57	London Stock Exchange
660	102.00	11:48:03	London Stock Exchange
391	102.00	11:48:03	London Stock Exchange
307	102.00	11:57:18	London Stock Exchange
163	102.00	11:57:59	London Stock Exchange
198	102.00	11:59:14	London Stock Exchange
548	102.00	12:10:00	London Stock Exchange
2,985	102.00	12:25:04	London Stock Exchange
46	102.00	12:25:04	London Stock Exchange
1,702	102.00	12:25:52	London Stock Exchange
781	101.75	11:19:59	London Stock Exchange
389	101.75	11:29:31	London Stock Exchange
1,469	101.50	09:30:26	London Stock Exchange
2,932	101.50	09:41:50	London Stock Exchange
1,600	101.50	10:43:17	London Stock Exchange
2,340	101.50	11:27:26	London Stock Exchange
2,300	101.50	13:36:37	London Stock Exchange
8,179	101.50	13:36:37	London Stock Exchange
100,000	101.50	14:03:19	London Stock Exchange
8,000	100.50	14:53:28	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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