Transaction in Own Shares

RNS Number : 8489J

Diversified Gas & Oil PLC

22 August 2019

 

22 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 336,589 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 97.566 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	21 August 2019
Aggregate number of ordinary shares purchased:	336,589
Lowest price paid per share:	97.200 pence
Highest price paid per share:	98.000 pence
Volume weighted average price paid per share:	97.566 pence

Following the cancellation of Shares the Company will have 664,059,061 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 664,059,061 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
20,621	98.0	16:07:29	London Stock Exchange
2,621	98.0	16:07:29	London Stock Exchange
1,758	98.0	16:07:29	London Stock Exchange
3,652	97.8	15:35:12	London Stock Exchange
2,461	97.8	15:37:19	London Stock Exchange
711	97.8	15:41:15	London Stock Exchange
480	97.8	15:41:50	London Stock Exchange
1,258	97.8	15:45:52	London Stock Exchange
22	97.8	15:47:39	London Stock Exchange
1,258	97.8	15:50:10	London Stock Exchange
1,114	97.8	15:50:10	London Stock Exchange
1,258	97.8	15:53:49	London Stock Exchange
2,394	97.8	15:53:49	London Stock Exchange
449	97.8	15:54:32	London Stock Exchange
1,260	97.8	15:57:56	London Stock Exchange
92	97.8	15:59:36	London Stock Exchange
1,262	97.8	16:01:51	London Stock Exchange
589	97.8	16:05:25	London Stock Exchange
140	97.8	16:09:08	London Stock Exchange
3,512	97.8	16:11:44	London Stock Exchange
1,259	97.8	16:15:38	London Stock Exchange
2,022	97.8	16:15:38	London Stock Exchange
371	97.8	16:18:02	London Stock Exchange
1,170	97.8	16:23:21	London Stock Exchange
2,482	97.8	16:23:21	London Stock Exchange
3,117	97.8	16:24:18	London Stock Exchange
535	97.8	16:24:18	London Stock Exchange
1,365	97.8	16:24:45	London Stock Exchange
229	97.8	16:25:30	London Stock Exchange
747	97.8	16:25:30	London Stock Exchange
1,311	97.8	16:26:13	London Stock Exchange
745	97.8	16:28:13	London Stock Exchange
899	97.8	16:29:28	London Stock Exchange
1	97.8	16:29:33	London Stock Exchange
1,493	97.8	16:29:43	London Stock Exchange
514	97.8	16:29:51	London Stock Exchange
3,652	97.8	16:29:51	London Stock Exchange
2,523	97.8	16:29:51	London Stock Exchange
634	97.8	16:29:53	London Stock Exchange
250,000	97.5	14:16:22	London Stock Exchange
3,652	97.2	13:18:28	London Stock Exchange
3,652	97.2	13:18:28	London Stock Exchange
2,789	97.2	13:18:28	London Stock Exchange
282	97.2	13:18:28	London Stock Exchange
581	97.2	13:18:28	London Stock Exchange
15	97.2	13:18:28	London Stock Exchange
453	97.2	13:18:28	London Stock Exchange
232	97.2	13:18:28	London Stock Exchange
2,377	97.2	13:18:28	London Stock Exchange
575	97.2	13:48:14	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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