Transaction in Own Shares

RNS Number : 5608V

Diversified Gas & Oil PLC

04 December 2019

 

4 December 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 216,093 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 98.636 pence per Share through Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	3 December 2019
Aggregate number of ordinary shares purchased:	216,093
Lowest price paid per share:	96.000 pence
Highest price paid per share:	100.500 pence
Volume weighted average price paid per share:	98.636 pence

Following the cancellation of Shares the Company will have 658,429,618 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.   The figure of 658,429,618 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
6,093	100.50	08:16:00	London Stock Exchange
5,000	100.50	08:24:35	London Stock Exchange
3,000	100.50	10:16:20	London Stock Exchange
2,000	100.50	10:16:31	London Stock Exchange
10,000	100.00	09:41:44	London Stock Exchange
2,459	100.00	10:21:32	London Stock Exchange
17,541	100.00	10:21:33	London Stock Exchange
5,924	99.80	09:45:49	London Stock Exchange
4,076	99.80	10:21:33	London Stock Exchange
3,400	99.80	10:22:00	London Stock Exchange
6,600	99.80	10:25:04	London Stock Exchange
10,000	99.60	10:25:04	London Stock Exchange
3,900	99.60	10:32:38	London Stock Exchange
3,600	99.60	10:33:58	London Stock Exchange
1,649	99.60	10:33:58	London Stock Exchange
851	99.60	10:33:58	London Stock Exchange
10,000	99.40	10:43:14	London Stock Exchange
420	99.00	10:44:29	London Stock Exchange
1,276	99.00	10:44:29	London Stock Exchange
3,304	99.00	10:56:41	London Stock Exchange
5,000	98.20	11:08:06	London Stock Exchange
18,933	98.00	16:22:07	London Stock Exchange
2,081	98.00	16:23:27	London Stock Exchange
798	98.00	16:23:27	London Stock Exchange
1,358	98.00	16:23:27	London Stock Exchange
931	98.00	16:23:27	London Stock Exchange
897	98.00	16:23:27	London Stock Exchange
2,324	98.00	16:23:27	London Stock Exchange
1,017	98.00	16:27:22	London Stock Exchange
8,819	98.00	16:27:22	London Stock Exchange
1,712	97.80	13:43:11	London Stock Exchange
2,633	97.80	13:43:11	London Stock Exchange
1,545	97.80	13:43:11	London Stock Exchange
4,110	97.80	13:43:11	London Stock Exchange
5,749	97.80	15:56:33	London Stock Exchange
1,090	97.80	15:56:48	London Stock Exchange
2,123	97.80	15:57:55	London Stock Exchange
100	97.80	16:06:19	London Stock Exchange
801	97.80	16:06:19	London Stock Exchange
2,810	97.80	16:06:19	London Stock Exchange
1,617	97.80	16:06:19	London Stock Exchange
822	97.80	16:06:19	London Stock Exchange
1,230	97.80	16:06:19	London Stock Exchange
174	97.80	16:06:19	London Stock Exchange
434	97.80	16:06:46	London Stock Exchange
1,960	97.80	16:06:46	London Stock Exchange
940	97.80	16:06:46	London Stock Exchange
246	97.80	16:18:24	London Stock Exchange
247	97.80	16:20:21	London Stock Exchange
355	97.80	16:22:18	London Stock Exchange
195	97.80	16:23:03	London Stock Exchange
8,642	97.60	13:52:31	London Stock Exchange
1,358	97.60	14:20:23	London Stock Exchange
10,000	97.60	15:01:10	London Stock Exchange
1,038	97.60	15:54:19	London Stock Exchange
155	97.60	16:03:50	London Stock Exchange
269	97.60	16:03:50	London Stock Exchange
985	97.60	16:03:50	London Stock Exchange
1,037	97.60	16:03:51	London Stock Exchange
1,465	97.20	15:19:38	London Stock Exchange
10,000	96.00	11:08:52	London Stock Exchange
7,000	96.00	11:54:09	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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