Transaction in Own Shares

RNS Number : 5881W

Diversified Gas & Oil PLC

11 December 2019

 

11 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 117,953 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 100.966 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:	11 December 2019
Aggregate number of ordinary shares purchased:	117,953
Lowest price paid per share:	100.500 pence
Highest price paid per share:	101.500 pence
Volume weighted average price paid per share:	100.966 pence

Following the cancellation of Shares the Company will have 657,389,687 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.   The figure of 657,389,687 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
3,931	101.50	8:51:34	London Stock Exchange
1,699	101.50	8:51:34	London Stock Exchange
3,900	101.50	8:55:13	London Stock Exchange
4,026	101.50	8:55:13	London Stock Exchange
375	101.50	8:55:13	London Stock Exchange
5,000	101.00	8:57:30	London Stock Exchange
3,286	101.00	10:11:17	London Stock Exchange
1,325	101.00	10:11:17	London Stock Exchange
372	101.00	10:11:17	London Stock Exchange
408	101.00	10:11:17	London Stock Exchange
1,020	101.00	10:11:17	London Stock Exchange
1,584	101.00	10:11:17	London Stock Exchange
345	101.00	10:11:17	London Stock Exchange
1,244	101.00	10:11:17	London Stock Exchange
416	101.00	10:30:20	London Stock Exchange
325	101.00	10:38:07	London Stock Exchange
321	101.00	10:38:07	London Stock Exchange
9,354	101.00	11:02:49	London Stock Exchange
6,618	101.00	11:29:17	London Stock Exchange
337	101.00	11:29:17	London Stock Exchange
52	101.00	11:29:17	London Stock Exchange
1,547	101.00	11:29:17	London Stock Exchange
1,956	101.00	11:29:17	London Stock Exchange
3,188	101.00	11:29:18	London Stock Exchange
637	101.00	11:29:18	London Stock Exchange
371	101.00	11:57:41	London Stock Exchange
73	101.00	12:02:21	London Stock Exchange
4	101.00	12:02:21	London Stock Exchange
12	101.00	12:02:21	London Stock Exchange
10,472	101.00	12:05:45	London Stock Exchange
1,338	101.00	12:07:41	London Stock Exchange
7,730	101.00	12:08:26	London Stock Exchange
10,000	101.00	12:59:57	London Stock Exchange
20,000	100.75	11:29:07	London Stock Exchange
5,665	100.75	11:29:17	London Stock Exchange
9,022	100.50	15:50:48	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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