Transaction in Own Shares

RNS Number : 6288I

Diversified Gas & Oil PLC

09 August 2019

 

9 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 399,890 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 104.522 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	9 August 2019
Aggregate number of ordinary shares purchased:	399,890
Lowest price paid per share:	102.500 pence
Highest price paid per share:	105.500 pence
Volume weighted average price paid per share:	104.522 pence

Following the cancellation of Shares the Company will have 666,291,803 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 666,291,803 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
8,807	105.50	10:52:01	London Stock Exchange
1,754	105.50	10:52:01	London Stock Exchange
5,000	105.50	10:52:01	London Stock Exchange
2,858	105.50	10:52:20	London Stock Exchange
6,471	105.50	11:00:22	London Stock Exchange
87,538	104.75	12:28:16	London Stock Exchange
21,982	104.75	12:31:58	London Stock Exchange
33,396	104.75	07:31:58	London Stock Exchange
5,577	104.75	07:31:58	London Stock Exchange
5,577	104.75	07:31:58	London Stock Exchange
5,577	104.75	07:31:58	London Stock Exchange
4,183	104.75	07:31:58	London Stock Exchange
4,421	104.75	07:31:58	London Stock Exchange
4,183	104.75	07:31:58	London Stock Exchange
2,963	104.75	07:31:58	London Stock Exchange
2,410	104.75	07:31:58	London Stock Exchange
5,577	104.75	07:31:58	London Stock Exchange
5,758	104.75	07:32:41	London Stock Exchange
5,050	104.75	07:32:41	London Stock Exchange
6,049	104.75	07:32:41	London Stock Exchange
4,759	104.75	07:32:41	London Stock Exchange
9,348	104.75	09:46:10	London Stock Exchange
9,589	104.75	09:46:10	London Stock Exchange
6,063	104.75	09:46:10	London Stock Exchange
25,000	104.75	09:46:11	London Stock Exchange
13,716	104.50	10:04:08	London Stock Exchange
11,284	104.50	10:04:08	London Stock Exchange
25,000	104.50	10:04:08	London Stock Exchange
12,500	104.50	15:43:00	London Stock Exchange
12,350	104.50	10:43:00	London Stock Exchange
150	104.50	10:43:00	London Stock Exchange
5,000	103.00	11:01:47	London Stock Exchange
5,000	103.00	11:11:07	London Stock Exchange
5,000	103.00	11:11:09	London Stock Exchange
1,015	103.00	11:11:20	London Stock Exchange
3,985	103.00	11:11:28	London Stock Exchange
3,143	102.50	16:12:11	London Stock Exchange
173	102.50	16:12:54	London Stock Exchange
5,997	102.50	16:15:08	London Stock Exchange
15,687	102.50	16:24:21	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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