Transaction in Own Shares

RNS Number : 8823L

Diversified Gas & Oil PLC

10 September 2019

 

10 September 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 307,136 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 109.936 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	10 September 2019
Aggregate number of ordinary shares purchased:	307,136
Lowest price paid per share:	107.440 pence
Highest price paid per share:	110.250 pence
Volume weighted average price paid per share:	109.936 pence

Following the cancellation of Shares the Company will have 660,056,789 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 660,056,789 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
2,060	109.50	09:46:01	London Stock Exchange
1,113	109.50	09:46:01	London Stock Exchange
1,658	109.50	09:46:01	London Stock Exchange
169	109.50	09:46:01	London Stock Exchange
2,125	107.44	09:46:20	London Stock Exchange
1,233	109.00	10:57:44	London Stock Exchange
100,000	110.25	12:06:51	London Stock Exchange
10,000	109.50	14:35:25	London Stock Exchange
6,817	109.50	14:35:25	London Stock Exchange
189	109.50	14:35:25	London Stock Exchange
2,994	109.50	14:35:46	London Stock Exchange
5,000	109.50	14:35:46	London Stock Exchange
2,005	109.50	14:35:46	London Stock Exchange
2,995	109.50	14:35:46	London Stock Exchange
5,000	109.50	14:35:46	London Stock Exchange
2,802	109.50	14:35:46	London Stock Exchange
2,198	109.50	14:35:46	London Stock Exchange
5,000	109.50	14:35:46	London Stock Exchange
5,000	109.50	14:35:46	London Stock Exchange
963	109.50	14:51:41	London Stock Exchange
5,000	109.50	14:51:41	London Stock Exchange
1,946	109.50	14:51:41	London Stock Exchange
2,512	109.50	14:51:41	London Stock Exchange
1,853	109.50	14:51:41	London Stock Exchange
867	109.50	14:51:41	London Stock Exchange
2,512	109.50	14:51:41	London Stock Exchange
8,264	109.50	14:51:41	London Stock Exchange
1,083	109.50	14:51:41	London Stock Exchange
50,000	110.25	15:05:21	London Stock Exchange
3,050	109.50	15:15:26	London Stock Exchange
178	109.50	15:42:35	London Stock Exchange
5,493	109.50	15:53:55	London Stock Exchange
7,100	109.50	16:01:59	London Stock Exchange
5,406	109.50	16:03:45	London Stock Exchange
52,551	110.00	16:06:30	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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