Transaction in Own Shares

RNS Number : 7219V

Diversified Gas & Oil PLC

04 December 2019

 

4 December 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, oil wells and midstream assets, announces that, in accordance with the terms of its share buyback programme announced on 30 April 2019 it has purchased 221,188 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 98.914 pence per Share through Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	4 December 2019
Aggregate number of ordinary shares purchased:	221,188
Lowest price paid per share:	97.400 pence
Highest price paid per share:	99.000 pence
Volume weighted average price paid per share:	98.914 pence

Following the cancellation of Shares the Company will have 658,208,430 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.   The figure of 658,208,430 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
1,203	99.00	10:54:53	London Stock Exchange
7,710	99.00	10:54:53	London Stock Exchange
4,413	99.00	10:54:53	London Stock Exchange
1,253	99.00	10:54:53	London Stock Exchange
421	99.00	10:54:53	London Stock Exchange
5,496	99.00	12:02:28	London Stock Exchange
50,000	99.00	12:32:42	London Stock Exchange
1,701	99.00	16:13:45	London Stock Exchange
151	99.00	16:13:45	London Stock Exchange
2,026	99.00	16:13:45	London Stock Exchange
2,003	99.00	16:13:45	London Stock Exchange
94,216	99.00	16:28:44	London Stock Exchange
6,908	99.00	16:29:55	London Stock Exchange
3,511	99.00	16:29:55	London Stock Exchange
3,700	99.00	16:29:55	London Stock Exchange
101	98.80	10:41:34	London Stock Exchange
2,000	98.80	10:41:37	London Stock Exchange
286	98.80	15:30:09	London Stock Exchange
586	98.80	15:31:21	London Stock Exchange
9,128	98.80	15:32:26	London Stock Exchange
356	98.60	10:41:02	London Stock Exchange
1,758	98.60	15:41:51	London Stock Exchange
2,277	98.60	15:41:51	London Stock Exchange
1,916	98.60	15:41:51	London Stock Exchange
1,759	98.60	15:41:51	London Stock Exchange
1,873	98.60	15:41:51	London Stock Exchange
2,167	98.60	15:41:51	London Stock Exchange
2,368	98.60	16:06:46	London Stock Exchange
1,682	98.60	16:06:46	London Stock Exchange
2,329	98.20	15:35:13	London Stock Exchange
2,047	98.00	09:38:00	London Stock Exchange
418	97.40	08:43:31	London Stock Exchange
2,000	97.40	08:43:31	London Stock Exchange
1,425	97.40	08:43:31	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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