Transaction in own shares

RNS Number : 1396A

Diversified Gas & Oil PLC

17 January 2020

 

17 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 139,665 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 103.95 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:	16 January 2020
Aggregate number of ordinary shares purchased:	139,665
Lowest price paid per share:	103.50 pence
Highest price paid per share:	104.25 pence
Volume weighted average price paid per share:	103.95 pence

Following the cancellation of Shares the Company will have 653,318,506 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. The figure of 653,318,506 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
4,947	104.00	03:55:13	London Stock Exchange
7,732	103.75	10:51:01	London Stock Exchange
4,768	103.75	10:51:12	London Stock Exchange
7,553	103.75	10:51:12	London Stock Exchange
12,500	103.75	10:52:01	London Stock Exchange
12,500	103.75	10:52:01	London Stock Exchange
2,052	103.50	10:57:04	London Stock Exchange
523	103.50	11:27:19	London Stock Exchange
370	103.50	11:48:20	London Stock Exchange
453	103.50	11:53:56	London Stock Exchange
207	103.50	11:58:20	London Stock Exchange
2,670	103.50	14:25:28	London Stock Exchange
659	103.50	14:25:28	London Stock Exchange
890	103.50	14:25:28	London Stock Exchange
1,698	103.50	14:25:28	London Stock Exchange
2,079	103.50	14:25:28	London Stock Exchange
1,145	103.50	14:25:28	London Stock Exchange
589	103.50	14:25:28	London Stock Exchange
801	103.50	14:25:28	London Stock Exchange
2,409	103.50	14:26:28	London Stock Exchange
6,845	104.25	09:52:18	London Stock Exchange
12,500	104.25	14:52:18	London Stock Exchange
3,933	104.25	14:52:20	London Stock Exchange
4,460	104.25	09:52:31	London Stock Exchange
13,361	104.25	14:52:31	London Stock Exchange
8,901	104.25	14:52:32	London Stock Exchange
1,817	104.00	15:36:26	London Stock Exchange
2,052	104.00	15:45:37	London Stock Exchange
1,373	104.00	15:51:17	London Stock Exchange
2,307	104.00	15:52:36	London Stock Exchange
1,007	104.00	15:52:36	London Stock Exchange
1,248	104.00	15:59:07	London Stock Exchange
2,088	104.00	15:59:50	London Stock Exchange
738	104.00	15:59:50	London Stock Exchange
3,672	104.00	16:16:31	London Stock Exchange
1,731	104.00	16:16:31	London Stock Exchange
881	104.00	16:20:36	London Stock Exchange
1,336	104.00	16:20:52	London Stock Exchange
2,185	104.00	16:21:10	London Stock Exchange
685	104.00	16:21:10	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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