Transaction in Own Shares

RNS Number : 4249L

Diversified Gas & Oil PLC

05 September 2019

 

5 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 310,269 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 106.685 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	5 September 2019
Aggregate number of ordinary shares purchased:	310,269
Lowest price paid per share:	106.000 pence
Highest price paid per share:	107.000 pence
Volume weighted average price paid per share:	106.685 pence

Following the cancellation of Shares the Company will have 660,713,625 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 660,713,625 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
12,679	106.0	08:25:04	London Stock Exchange
12,321	106.0	08:25:24	London Stock Exchange
1,840	106.0	08:25:38	London Stock Exchange
5,000	106.0	08:25:38	London Stock Exchange
53,481	106.8	11:53:15	London Stock Exchange
246	106.5	12:08:33	London Stock Exchange
3,042	106.5	12:08:33	London Stock Exchange
2,189	106.5	12:08:33	London Stock Exchange
2,098	106.5	12:08:33	London Stock Exchange
4,115	106.5	12:08:33	London Stock Exchange
1,916	106.5	12:08:33	London Stock Exchange
1	106.5	12:08:33	London Stock Exchange
1,051	106.5	12:32:03	London Stock Exchange
608	106.5	12:51:05	London Stock Exchange
1,294	106.5	12:51:42	London Stock Exchange
50,000	107.0	12:58:16	London Stock Exchange
1,294	106.5	13:18:59	London Stock Exchange
1,681	106.5	13:38:34	London Stock Exchange
652	106.5	13:38:34	London Stock Exchange
2,800	106.5	13:45:44	London Stock Exchange
309	106.5	13:46:05	London Stock Exchange
264	106.5	13:48:05	London Stock Exchange
1,440	106.5	13:48:05	London Stock Exchange
3,400	106.5	14:43:55	London Stock Exchange
1,944	106.5	14:43:55	London Stock Exchange
461	106.5	14:43:55	London Stock Exchange
3,684	106.5	14:43:55	London Stock Exchange
3,926	106.5	14:43:55	London Stock Exchange
3,797	106.5	14:43:55	London Stock Exchange
620	106.5	14:43:55	London Stock Exchange
3,453	106.5	14:43:55	London Stock Exchange
877	106.5	14:43:55	London Stock Exchange
2,118	106.5	14:43:55	London Stock Exchange
720	106.5	14:43:55	London Stock Exchange
122	106.0	14:59:47	London Stock Exchange
26	106.0	15:08:57	London Stock Exchange
102	106.0	15:08:57	London Stock Exchange
4,339	106.0	15:08:59	London Stock Exchange
17,671	106.0	15:08:59	London Stock Exchange
68	106.0	15:08:59	London Stock Exchange
18	106.0	15:09:17	London Stock Exchange
218	106.0	15:25:17	London Stock Exchange
2,436	106.0	15:32:09	London Stock Exchange
873	106.0	15:34:23	London Stock Exchange
220	106.0	15:38:22	London Stock Exchange
231	106.0	15:40:02	London Stock Exchange
249	106.0	15:40:42	London Stock Exchange
191	106.0	15:49:33	London Stock Exchange
1,805	106.0	16:01:00	London Stock Exchange
79,948	107.0	16:18:26	London Stock Exchange
762	106.5	16:25:08	London Stock Exchange
1,244	106.5	16:26:01	London Stock Exchange
697	106.5	16:27:15	London Stock Exchange
1,404	107.0	16:27:34	London Stock Exchange
4,921	107.0	16:27:34	London Stock Exchange
61	107.0	16:27:34	London Stock Exchange
7,342	107.0	16:27:34	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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