Transaction in Own Shares

RNS Number : 9034W

Diversified Gas & Oil PLC

16 December 2019

 

16 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 131,895 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 101.671 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:	13 December 2019
Aggregate number of ordinary shares purchased:	131,895
Lowest price paid per share:	101.000 pence
Highest price paid per share:	102.000 pence
Volume weighted average price paid per share:	101.671 pence

Following the cancellation of Shares the Company will have 657,060,916 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.   The figure of 657,060,916 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
20,000	102.00	11:36:13	London Stock Exchange
8,420	102.00	15:30:46	London Stock Exchange
634	102.00	15:30:46	London Stock Exchange
1,552	102.00	15:30:46	London Stock Exchange
802	102.00	15:30:46	London Stock Exchange
1,622	102.00	15:30:46	London Stock Exchange
1,872	102.00	15:30:46	London Stock Exchange
98	102.00	15:30:46	London Stock Exchange
20,193	102.00	16:24:21	London Stock Exchange
1,263	101.50	10:07:16	London Stock Exchange
92	101.50	11:43:57	London Stock Exchange
435	101.50	11:59:51	London Stock Exchange
8,210	101.50	12:03:41	London Stock Exchange
751	101.50	12:31:27	London Stock Exchange
913	101.50	12:31:27	London Stock Exchange
3,323	101.50	12:31:27	London Stock Exchange
2,079	101.50	12:31:27	London Stock Exchange
842	101.50	12:31:27	London Stock Exchange
5,876	101.50	12:31:27	London Stock Exchange
3,182	101.50	12:31:27	London Stock Exchange
2,848	101.50	12:31:27	London Stock Exchange
3,148	101.50	12:31:27	London Stock Exchange
1,922	101.50	12:31:27	London Stock Exchange
6,077	101.50	15:58:17	London Stock Exchange
6,077	101.50	15:58:20	London Stock Exchange
6,077	101.50	15:58:30	London Stock Exchange
6,077	101.50	15:58:33	London Stock Exchange
5,692	101.50	15:58:38	London Stock Exchange
733	101.50	16:00:53	London Stock Exchange
457	101.50	16:11:16	London Stock Exchange
512	101.50	16:14:38	London Stock Exchange
116	101.25	12:31:27	London Stock Exchange
112	101.00	13:38:34	London Stock Exchange
580	101.00	13:46:59	London Stock Exchange
659	101.00	13:48:24	London Stock Exchange
109	101.00	13:48:25	London Stock Exchange
33	101.00	13:57:23	London Stock Exchange
8,507	101.00	13:57:45	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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