Transaction in Own Shares

RNS Number : 2550J

Diversified Gas & Oil PLC

15 August 2019

 

15 August 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 467,236 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 98.149 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	15 August 2019
Aggregate number of ordinary shares purchased:	467,236
Lowest price paid per share:	97.200 pence
Highest price paid per share:	100.000 pence
Volume weighted average price paid per share:	98.149 pence

Following the cancellation of Shares the Company will have 665,137,698 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.  All ordinary shares previously announced as held in treasury have been cancelled. The figure of 665,137,698 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
16,512	100.000	08:45:52	London Stock Exchange
10,000	100.000	09:26:04	London Stock Exchange
3,782	100.000	09:28:08	London Stock Exchange
3,394	100.000	09:28:39	London Stock Exchange
2,824	100.000	09:28:48	London Stock Exchange
4,291	100.000	09:30:07	London Stock Exchange
3,335	100.000	09:30:18	London Stock Exchange
2,374	100.000	09:30:18	London Stock Exchange
109	100.000	09:30:18	London Stock Exchange
9,891	100.000	09:30:25	London Stock Exchange
1,459	99.600	09:30:25	London Stock Exchange
8,235	100.000	09:30:25	London Stock Exchange
306	100.000	09:30:25	London Stock Exchange
16,513	99.500	09:31:30	London Stock Exchange
45,430	98.990	10:12:10	London Stock Exchange
30	98.000	12:02:06	London Stock Exchange
442	98.000	12:02:06	London Stock Exchange
1	98.000	12:02:06	London Stock Exchange
66	98.000	12:02:06	London Stock Exchange
5	98.000	12:02:06	London Stock Exchange
2,070	98.000	12:07:26	London Stock Exchange
2,070	98.000	12:23:46	London Stock Exchange
2,070	98.000	12:41:11	London Stock Exchange
18,246	98.000	12:51:21	London Stock Exchange
29,794	98.237	13:12:28	London Stock Exchange
2,071	97.600	13:12:43	London Stock Exchange
2,072	97.600	13:25:32	London Stock Exchange
3,454	97.600	13:28:05	London Stock Exchange
2,403	97.600	13:29:01	London Stock Exchange
36,167	97.419	13:56:48	London Stock Exchange
43,659	97.797	14:03:02	London Stock Exchange
37,000	97.771	14:41:27	London Stock Exchange
55,292	97.644	14:51:15	London Stock Exchange
19	97.400	14:54:36	London Stock Exchange
2,070	97.400	15:02:56	London Stock Exchange
2,071	97.400	15:09:42	London Stock Exchange
364	97.400	15:14:31	London Stock Exchange
2,071	97.400	15:16:49	London Stock Exchange
4,013	97.400	15:16:49	London Stock Exchange
3,780	97.400	15:16:49	London Stock Exchange
6,281	97.200	15:46:21	London Stock Exchange
3,456	97.200	15:46:27	London Stock Exchange
263	97.200	15:46:27	London Stock Exchange
10,000	97.200	15:46:27	London Stock Exchange
2,266	97.200	15:46:30	London Stock Exchange
3,339	97.200	15:48:21	London Stock Exchange
2,396	97.200	15:48:59	London Stock Exchange
1,999	97.200	15:49:49	London Stock Exchange
2,070	97.200	15:50:12	London Stock Exchange
3,264	97.200	15:50:13	London Stock Exchange
2,479	97.200	15:50:58	London Stock Exchange
2,187	97.200	15:53:00	London Stock Exchange
2,240	97.200	15:55:00	London Stock Exchange
6,429	97.200	15:55:13	London Stock Exchange
877	97.200	15:55:41	London Stock Exchange
439	97.200	15:57:01	London Stock Exchange
15	97.200	15:57:40	London Stock Exchange
5,849	97.388	16:19:28	London Stock Exchange
2,290	97.200	16:19:41	London Stock Exchange
150	97.200	16:19:41	London Stock Exchange
7,560	97.200	16:20:00	London Stock Exchange
2,200	97.200	16:21:42	London Stock Exchange
174	97.200	16:23:16	London Stock Exchange
2,964	97.200	16:24:28	London Stock Exchange
1,089	97.200	16:24:40	London Stock Exchange
3,180	97.200	16:25:01	London Stock Exchange
151	97.200	16:25:27	London Stock Exchange
242	97.200	16:25:38	London Stock Exchange
1,404	97.200	16:25:56	London Stock Exchange
2,979	97.200	16:27:31	London Stock Exchange
1,189	97.200	16:27:58	London Stock Exchange
1,188	97.200	16:28:07	London Stock Exchange
1,489	97.200	16:28:46	London Stock Exchange
1,751	97.200	16:28:59	London Stock Exchange
305	97.200	16:29:35	London Stock Exchange
112	97.200	16:29:35	London Stock Exchange
1,215	97.200	16:29:47	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]

 

END

 

 

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