Transaction in Own Shares

RNS Number : 0245C

Diversified Gas & Oil PLC

12 June 2019

 

12 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 992,893 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 109.143 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:	12 June 2019
Aggregate number of ordinary shares purchased:	992,893
Lowest price paid per share:	108.000pence
Highest price paid per share:	111.000 pence
Volume weighted average price paid per share:	109.143 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 4,374,887 ordinary shares in treasury.  Therefore, the total voting rights in DGO will be 689,794,201.  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	111.0	09:34:53	London Stock Exchange
5,000	110.5	08:07:23	London Stock Exchange
5,000	110.5	08:07:23	London Stock Exchange
4,923	110.5	08:07:23	London Stock Exchange
77	110.5	08:07:23	London Stock Exchange
2,077	110.5	08:07:23	London Stock Exchange
25,000	110.0	09:49:45	London Stock Exchange
16,231	110.0	09:52:01	London Stock Exchange
8,769	110.0	09:52:01	London Stock Exchange
4,200	110.0	09:52:01	London Stock Exchange
1,535	110.0	09:52:01	London Stock Exchange
4,200	110.0	09:52:01	London Stock Exchange
3,134	110.0	09:52:01	London Stock Exchange
2,526	110.0	09:52:01	London Stock Exchange
8,375	110.0	09:53:25	London Stock Exchange
3,100	110.0	09:53:25	London Stock Exchange
3,100	110.0	09:53:25	London Stock Exchange
1,128	110.0	09:53:25	London Stock Exchange
15,000	110.0	09:55:56	London Stock Exchange
2,672	110.0	09:56:52	London Stock Exchange
8,877	109.9	10:29:49	London Stock Exchange
1,030	109.7	09:52:01	London Stock Exchange
200,000	109.0	11:33:01	London Stock Exchange
250,000	109.0	15:44:55	London Stock Exchange
193,435	109.0	16:04:51	London Stock Exchange
150,000	108.5	12:52:56	London Stock Exchange
12,240	108.5	13:43:43	London Stock Exchange
2,663	108.0	09:57:27	London Stock Exchange
4,174	108.0	09:57:27	London Stock Exchange
3,163	108.0	09:57:27	London Stock Exchange
1,264	108.0	09:57:27	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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