15 September 2017
Diversified Gas & Oil PLC
("DGO", the "Company" or the "Group")
Director/PDMR Shareholdings
Diversified Gas & Oil PLC, the US based gas and oil producer, announces that it has been notified that yesterday, Martin Thomas and David Johnson, Non-executive Directors of the Company, have each purchased 33,500 ordinary shares of 1p each in the Company ("Ordinary Shares"), at a price of 74.68 pence per Ordinary Share.
Following these purchases of Ordinary Shares, Martin Thomas is interested in a total of 2,033,500 Ordinary Shares, representing 1.40% of the Company's issued ordinary share capital and David Johnson is interested in a total of 133,500 Ordinary Shares, representing 0.09% of the Company's issued ordinary share capital.
The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
Martin Thomas |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Director |
|
b) |
Initial notification/Amendment |
Initial Notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
a) |
Name |
Diversified Gas & Oil PLC |
|
b) |
LEI |
213800YR9TFRVHPGOS67 |
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 1p each |
|
|
Identification code |
GB00BYX7JT74 |
|
b) |
Nature of the transaction |
Purchase of ordinary shares |
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
£0.7468 |
33,500 |
||
d) |
Aggregated information |
N/A single transaction |
|
|
Aggregated volume |
N/A single transaction |
|
|
Price |
N/A single transaction |
|
e) |
Date of the transaction |
14 September 2017 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
David Johnson |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Director |
|
b) |
Initial notification/Amendment |
Initial Notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
a) |
Name |
Diversified Gas & Oil PLC |
|
b) |
LEI |
213800YR9TFRVHPGOS67 |
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 1p each |
|
|
Identification code |
GB00BYX7JT74 |
|
b) |
Nature of the transaction |
Purchase of ordinary shares |
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
£0.7468 |
33,500 |
||
d) |
Aggregated information |
N/A single transaction |
|
|
Aggregated volume |
N/A single transaction |
|
|
Price |
N/A single transaction |
|
e) |
Date of the transaction |
14 September 2017 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Diversified Gas & Oil PLC Rusty Hutson Jr., Chief Executive Officer Brad Gray, Finance Director/Chief Operating Officer Eric Williams, Chief Financial Officer/ Investor Relations |
+1 205 408 0909 |
Smith & Williamson Corporate Finance Limited (Nominated Adviser & Joint Broker) Russell Cook, Katy Birkin |
+44 (0)20 7131 4000 |
Mirabaud Securities Limited (Lead Broker) Peter Krens, Edward Haig-Thomas |
+44 (0)20 3167 7221 |
Buchanan (Financial Public Relations) Ben Romney, Chris Judd, Henry Wilson dgo@buchanan.uk.com |
+44 (0)20 7466 5000 |