Transaction in Own Shares

RNS Number : 1616I

Diversified Gas & Oil PLC

06 August 2019

 

6 August 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 368,275 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 106.18 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	6 August 2019
Aggregate number of ordinary shares purchased:	368,275
Lowest price paid per share:	105.00 pence
Highest price paid per share:	106.50 pence
Volume weighted average price paid per share:	106.18 pence

Following the cancellation of Shares the Company will have 667,381,074 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 667,381,074 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
6,896	105.00	09:59:11	London Stock Exchange
180,679	106.50	10:47:45	London Stock Exchange
8,333	105.75	11:11:39	London Stock Exchange
5,500	106.00	11:11:39	London Stock Exchange
1,689	106.00	11:11:39	London Stock Exchange
3,405	106.00	11:11:39	London Stock Exchange
1,073	106.00	11:11:39	London Stock Exchange
3,799	106.00	11:51:18	London Stock Exchange
2,835	106.00	11:51:18	London Stock Exchange
354	106.00	11:51:18	London Stock Exchange
12	106.00	11:51:18	London Stock Exchange
20,000	106.00	13:32:49	London Stock Exchange
302	106.00	13:32:49	London Stock Exchange
19,698	106.00	13:32:49	London Stock Exchange
20,000	106.00	13:32:49	London Stock Exchange
20,000	106.00	13:32:49	London Stock Exchange
20,000	106.00	13:32:49	London Stock Exchange
3,426	106.00	15:07:25	London Stock Exchange
5,869	106.00	15:11:52	London Stock Exchange
3,478	106.00	15:11:52	London Stock Exchange
1,681	106.00	15:11:52	London Stock Exchange
3,563	106.00	15:11:52	London Stock Exchange
409	106.00	15:11:52	London Stock Exchange
4,524	106.00	15:11:59	London Stock Exchange
579	106.00	15:39:30	London Stock Exchange
568	105.50	15:40:34	London Stock Exchange
551	105.50	15:44:20	London Stock Exchange
3,288	105.50	15:52:07	London Stock Exchange
1	105.50	15:55:02	London Stock Exchange
71	105.50	15:55:02	London Stock Exchange
27	105.50	15:59:54	London Stock Exchange
4,399	105.50	16:02:50	London Stock Exchange
56	105.50	16:09:47	London Stock Exchange
800	105.50	16:13:38	London Stock Exchange
29	105.50	16:14:47	London Stock Exchange
287	105.50	16:19:46	London Stock Exchange
3,904	105.50	16:23:12	London Stock Exchange
614	105.50	16:23:13	London Stock Exchange
97	105.50	16:24:36	London Stock Exchange
3,576	105.50	16:28:09	London Stock Exchange
1,745	105.50	16:29:01	London Stock Exchange
2,532	105.50	16:29:21	London Stock Exchange
908	105.50	16:29:26	London Stock Exchange
188	105.50	16:29:26	London Stock Exchange
426	105.50	16:29:29	London Stock Exchange
123	105.50	16:29:30	London Stock Exchange
665	105.50	16:29:37	London Stock Exchange
5,316	105.50	16:29:54	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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