Transaction in Own Shares

RNS Number : 5539J
Diversified Gas & Oil PLC
19 August 2019
 

19 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 124,417 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 97.633 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

 

Date of purchase:

19 August 2019

Aggregate number of ordinary shares purchased:

124,417

Lowest price paid per share:

97.00 pence

Highest price paid per share:

98.00 pence

Volume weighted average price paid per share:

97.633 pence

 

Following the cancellation of Shares the Company will have 664,763,281 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 664,763,281 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

6,250

98.0

08:10:12

London Stock Exchange

4,688

98.0

08:12:12

London Stock Exchange

3,516

98.0

08:12:50

London Stock Exchange

3,175

98.0

08:14:09

London Stock Exchange

3,175

98.0

08:14:48

London Stock Exchange

2,098

98.0

08:16:08

London Stock Exchange

1,049

98.0

08:16:46

London Stock Exchange

525

98.0

08:17:27

London Stock Exchange

262

98.0

08:18:06

London Stock Exchange

175

98.0

08:18:46

London Stock Exchange

87

98.0

08:19:26

London Stock Exchange

3,594

97.4

11:26:30

London Stock Exchange

2,383

97.4

11:26:30

London Stock Exchange

5,000

97.4

11:26:30

London Stock Exchange

244

97.4

11:26:30

London Stock Exchange

2,994

97.4

11:31:49

London Stock Exchange

5,000

97.4

11:31:49

London Stock Exchange

5,785

97.4

11:31:49

London Stock Exchange

276

97.0

14:00:07

London Stock Exchange

1,001

97.0

14:28:18

London Stock Exchange

4,130

97.0

14:28:58

London Stock Exchange

2,093

97.0

14:29:40

London Stock Exchange

2

97.0

14:34:59

London Stock Exchange

4,398

97.0

16:13:18

London Stock Exchange

3,100

97.0

16:18:57

London Stock Exchange

244

97.0

16:18:57

London Stock Exchange

7,598

97.8

16:26:54

London Stock Exchange

67

97.8

16:26:54

London Stock Exchange

5,995

97.8

16:26:54

London Stock Exchange

6,642

97.8

16:26:54

London Stock Exchange

11,505

97.8

16:26:54

London Stock Exchange

4,152

97.8

16:26:54

London Stock Exchange

2,877

97.8

16:26:54

London Stock Exchange

209

97.8

16:26:54

London Stock Exchange

1,955

97.8

16:26:54

London Stock Exchange

2,604

97.6

16:27:53

London Stock Exchange

3,423

97.6

16:28:32

London Stock Exchange

3,360

97.6

16:29:12

London Stock Exchange

2,835

97.6

16:29:15

London Stock Exchange

397

97.6

16:29:15

London Stock Exchange

3,721

97.6

16:29:38

London Stock Exchange

1,833

97.6

16:29:49

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

ir@dgoc.com

 

+ 1 (205) 408 0909

 

Cenkos Securities plc

(Nominated Adviser)

Russell Cook

Katy Birkin

Ben Jeynes

 

+44 (0)20 7397 8900

 

Mirabaud Securities Limited

(Joint Broker)

Peter Krens

Edward Haig-Thomas

 

+44 (0)20 3167 7221

 

Stifel Nicolaus Europe Limited

(Joint Broker)

Callum Stewart

Nicholas Rhodes

Ashton Clanfield

 

+44 (0)20 7710 7600

Buchanan

(Financial Public Relations)

Ben Romney

Chris Judd

James Husband

dgo@buchanan.uk.com

+44 (0)20 7466 5000

 


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