Transaction in Own Shares

RNS Number : 1223W

Diversified Gas & Oil PLC

09 December 2019

 

9 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 91,535 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 101.204 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:	6 December 2019
Aggregate number of ordinary shares purchased:	91,535
Lowest price paid per share:	100.500 pence
Highest price paid per share:	102.000 pence
Volume weighted average price paid per share:	101.204 pence

Following the cancellation of Shares the Company will have 657,898,610 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.   The figure of 657,898,610 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
2,542	102.00	15:22:38	London Stock Exchange
1,458	102.00	15:22:38	London Stock Exchange
435	102.00	15:32:44	London Stock Exchange
317	102.00	15:32:44	London Stock Exchange
8,286	101.50	11:35:10	London Stock Exchange
2,670	101.50	11:35:10	London Stock Exchange
7,760	101.50	11:35:10	London Stock Exchange
2,422	101.50	11:35:10	London Stock Exchange
2,975	101.50	11:35:10	London Stock Exchange
887	101.50	11:35:10	London Stock Exchange
2,412	101.50	11:48:29	London Stock Exchange
2,979	101.50	11:48:29	London Stock Exchange
866	101.50	16:29:52	London Stock Exchange
796	101.50	16:29:52	London Stock Exchange
1,114	101.50	16:29:52	London Stock Exchange
3,097	101.50	16:29:55	London Stock Exchange
3,055	101.50	16:29:57	London Stock Exchange
3,010	101.00	09:13:57	London Stock Exchange
1,636	101.00	09:16:59	London Stock Exchange
1,142	101.00	10:02:48	London Stock Exchange
2,564	101.00	10:02:48	London Stock Exchange
1,066	101.00	10:02:48	London Stock Exchange
190	101.00	11:59:54	London Stock Exchange
3,986	101.00	12:31:19	London Stock Exchange
20,000	101.00	12:36:03	London Stock Exchange
2,386	101.00	12:44:54	London Stock Exchange
76	101.00	12:44:54	London Stock Exchange
2	101.00	14:33:09	London Stock Exchange
354	100.50	09:07:32	London Stock Exchange
2,100	100.50	12:02:03	London Stock Exchange
2,938	100.50	12:02:03	London Stock Exchange
847	100.50	12:02:03	London Stock Exchange
2,844	100.50	12:02:03	London Stock Exchange
2,323	100.50	12:02:03	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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