Transaction in Own Shares

RNS Number : 3858C

Diversified Gas & Oil PLC

17 June 2019

 

17 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 953,242 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 107.042 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:	14 June 2019
Aggregate number of ordinary shares purchased:	953,242
Lowest price paid per share:	105.500 pence
Highest price paid per share:	108.500 pence
Volume weighted average price paid per share:	107.042 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 6,275,074 ordinary shares in treasury.  Therefore, the total voting rights in DGO will be 687,894,014.  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
583	108.50	09:46:01	London Stock Exchange
5,478	108.50	09:47:14	London Stock Exchange
1,203	108.50	09:57:35	London Stock Exchange
5,236	108.50	09:57:35	London Stock Exchange
12,500	108.50	10:09:02	London Stock Exchange
5,548	108.50	10:09:02	London Stock Exchange
5,839	108.50	10:09:02	London Stock Exchange
1,113	108.50	10:09:02	London Stock Exchange
12,500	108.50	10:09:02	London Stock Exchange
5,226	108.25	10:09:02	London Stock Exchange
7,274	108.50	10:09:02	London Stock Exchange
12,500	108.50	10:09:02	London Stock Exchange
12,500	108.50	10:09:02	London Stock Exchange
24	108.50	10:09:02	London Stock Exchange
5,213	108.50	10:09:02	London Stock Exchange
1,625	108.50	10:09:02	London Stock Exchange
1,317	108.50	10:09:02	London Stock Exchange
3,668	108.50	10:09:02	London Stock Exchange
618	108.50	10:09:02	London Stock Exchange
35	108.50	10:09:07	London Stock Exchange
12,500	107.50	10:14:40	London Stock Exchange
12,500	107.50	10:15:09	London Stock Exchange
12,500	107.50	10:15:14	London Stock Exchange
12,500	107.50	10:15:14	London Stock Exchange
12,500	107.50	10:15:14	London Stock Exchange
8,800	107.50	10:15:14	London Stock Exchange
2,583	107.50	10:15:14	London Stock Exchange
517	107.500	10:15:14	London Stock Exchange
91	107.50	10:15:14	London Stock Exchange
509	107.50	10:15:17	London Stock Exchange
9,755	107.50	10:15:17	London Stock Exchange
2,745	107.50	10:15:19	London Stock Exchange
12,500	107.50	10:15:19	London Stock Exchange
6,642	107.00	10:16:09	London Stock Exchange
23,978	107.00	10:16:40	London Stock Exchange
312	107.00	10:16:40	London Stock Exchange
9,752	107.00	10:16:40	London Stock Exchange
5,000	107.00	10:16:40	London Stock Exchange
4,316	107.00	10:16:51	London Stock Exchange
5,966	105.50	10:28:55	London Stock Exchange
250,000	106.00	10:32:39	London Stock Exchange
3,178	105.50	10:45:44	London Stock Exchange
3,357	105.50	10:58:47	London Stock Exchange
440,741	107.25	13:31:36	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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