Transaction in Own Shares

RNS Number : 5131Z

Diversified Gas & Oil PLC

13 January 2020

 

13 January 2020

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 256,675 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 105.617 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:	10 January 2020
Aggregate number of ordinary shares purchased:	256,675
Lowest price paid per share:	105.000 pence
Highest price paid per share:	105.750 pence
Volume weighted average price paid per share:	105.617 pence

Following the cancellation of Shares the Company will have 654,146,865 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. The figure of 654,146,865 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
1,461	105.00	08:17:47	London Stock Exchange
1,340	105.00	08:23:48	London Stock Exchange
1,340	105.00	08:29:35	London Stock Exchange
1,536	105.00	08:37:55	London Stock Exchange
250	105.50	10:48:13	London Stock Exchange
1,408	105.50	10:48:29	London Stock Exchange
1,400	105.50	10:56:03	London Stock Exchange
1,379	105.50	11:03:39	London Stock Exchange
1,371	105.50	11:11:14	London Stock Exchange
1,354	105.50	11:18:58	London Stock Exchange
12,161	105.50	11:34:25	London Stock Exchange
100,000	105.50	14:40:24	London Stock Exchange
131,675	105.75	16:14:23	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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