Transaction in Own Shares

RNS Number : 9096U

Diversified Gas & Oil PLC

27 November 2019

 

27 November 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 109,698 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 104.311 pence per Share through Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	27 November 2019
Aggregate number of ordinary shares purchased:	109,698
Lowest price paid per share:	103.500 pence
Highest price paid per share:	104.500 pence
Volume weighted average price paid per share:	104.311 pence

Following the cancellation of Shares the Company will have 658,957,889 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.   The figure of 658,957,889 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
1,250	104.50	10:02:56	London Stock Exchange
1,980	104.50	10:02:56	London Stock Exchange
538	104.50	10:02:56	London Stock Exchange
3,729	104.50	10:02:56	London Stock Exchange
3	104.50	10:02:56	London Stock Exchange
1,092	104.50	11:26:00	London Stock Exchange
5,388	104.50	11:26:00	London Stock Exchange
1,137	104.50	11:26:00	London Stock Exchange
717	104.50	11:26:00	London Stock Exchange
1,250	104.50	11:26:21	London Stock Exchange
416	104.50	11:35:47	London Stock Exchange
961	104.50	11:46:55	London Stock Exchange
1,250	104.50	11:47:09	London Stock Exchange
1,250	104.50	11:47:26	London Stock Exchange
6,539	104.50	11:49:11	London Stock Exchange
14,027	104.50	11:52:56	London Stock Exchange
1,514	104.50	16:15:53	London Stock Exchange
8,486	104.50	16:15:53	London Stock Exchange
1,968	104.50	16:17:48	London Stock Exchange
10,000	104.50	16:17:48	London Stock Exchange
3,003	104.50	16:17:48	London Stock Exchange
2,016	104.50	16:17:48	London Stock Exchange
1,197	104.50	16:17:48	London Stock Exchange
289	104.50	16:17:48	London Stock Exchange
1,089	104.50	16:23:45	London Stock Exchange
761	104.50	16:23:45	London Stock Exchange
632	104.50	16:23:45	London Stock Exchange
1,156	104.50	16:23:45	London Stock Exchange
4,673	104.50	16:23:45	London Stock Exchange
1,664	104.00	11:25:47	London Stock Exchange
407	104.00	11:49:20	London Stock Exchange
928	104.00	11:52:36	London Stock Exchange
282	104.00	12:02:25	London Stock Exchange
2,352	104.00	12:02:25	London Stock Exchange
311	104.00	12:02:25	London Stock Exchange
3,754	104.00	12:02:25	London Stock Exchange
11,689	104.00	16:21:06	London Stock Exchange
2,164	103.50	14:23:35	London Stock Exchange
2,311	103.50	15:19:46	London Stock Exchange
530	103.50	15:49:57	London Stock Exchange
4,995	103.50	16:07:15	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

 

 

POSDDLFLKFFLFBQ