Transaction in Own Shares

RNS Number : 9206D

Diversified Gas & Oil PLC

28 June 2019

 

28 June 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 214,187 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 110.380 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will be held in treasury for cancellation.

Date of purchase:	28 June 2019
Aggregate number of ordinary shares purchased:	214,187
Lowest price paid per share:	110.000 pence
Highest price paid per share:	110.750 pence
Volume weighted average price paid per share:	110.380 pence

The number of ordinary shares in issue is 694,169,088 (including treasury shares) and following the purchase of the Shares, the Company will hold 13,731,509 ordinary shares in treasury.  Therefore, the total voting rights in DGO will be 680,437,579.  This figure for the total number of voting rights 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
50,000	110.0	09:22	London Stock Exchange
50,000	110.75	12:14	London Stock Exchange
1	110.0	13:31	London Stock Exchange
652	110.0	13:42	London Stock Exchange
391	110.0	13:50	London Stock Exchange
21,767	110.0	13:59	London Stock Exchange
2,189	110.0	13:59	London Stock Exchange
5,465	110.5	14:04	London Stock Exchange
3,806	110.5	14:04	London Stock Exchange
4,272	110.5	14:04	London Stock Exchange
21	110.5	14:04	London Stock Exchange
19,240	110.5	14:04	London Stock Exchange
2,196	110.5	14:04	London Stock Exchange
2,877	110.5	14:05	London Stock Exchange
1,315	110.5	14:05	London Stock Exchange
2,877	110.5	14:05	London Stock Exchange
22	110.5	14:05	London Stock Exchange
1	110.5	14:05	London Stock Exchange
796	110.5	14:05	London Stock Exchange
11,802	110.5	14:22	London Stock Exchange
16,786	110.5	14:22	London Stock Exchange
17	110.5	14:35	London Stock Exchange
92	110.5	14:45	London Stock Exchange
46	110.5	14:50	London Stock Exchange
2,920	110.5	14:54	London Stock Exchange
4,988	110.5	14:57	London Stock Exchange
8,338	110.5	15:08	London Stock Exchange
1,310	110.0	16:28	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]

 

END

 

 

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