Transaction in Own Shares

RNS Number : 7131E

Diversified Gas & Oil PLC

08 July 2019

 

8 July 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 580,676 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 111.572 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will be held in treasury for cancellation.

Date of purchase:	5 July 2019
Aggregate number of ordinary shares purchased:	580,676
Lowest price paid per share:	111.250 pence
Highest price paid per share:	111.625 pence
Volume weighted average price paid per share:	111.572 pence

The number of ordinary shares in issue is 694,169,088 (including treasury shares) and following the purchase of the Shares, the Company will hold 16,932,310 ordinary shares in treasury. Therefore, the total voting rights in DGO will be 677,236,778. This figure for the total number of voting rights 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
75,000	111.625	10:52:44	London Stock Exchange
140,467	111.625	11:32:10	London Stock Exchange
125,000	111.625	14:07:40	London Stock Exchange
125,000	111.625	14:07:52	London Stock Exchange
6,663	111.500	14:42:52	London Stock Exchange
3,337	111.500	15:22:30	London Stock Exchange
4,548	111.500	15:22:37	London Stock Exchange
3,707	111.500	15:22:53	London Stock Exchange
1,745	111.500	15:23:02	London Stock Exchange
3,213	111.500	15:23:02	London Stock Exchange
3,966	111.500	15:25:32	London Stock Exchange
233	111.500	15:27:48	London Stock Exchange
2,280	111.500	15:27:48	London Stock Exchange
165	111.500	15:28:07	London Stock Exchange
143	111.500	15:28:52	London Stock Exchange
2,980	111.500	15:28:52	London Stock Exchange
1,650	111.500	15:29:43	London Stock Exchange
1,625	111.500	15:31:25	London Stock Exchange
1,874	111.500	15:31:25	London Stock Exchange
1,624	111.500	15:33:07	London Stock Exchange
247	111.500	15:38:06	London Stock Exchange
753	111.500	15:38:06	London Stock Exchange
4,771	111.500	15:38:06	London Stock Exchange
3,835	111.500	15:38:06	London Stock Exchange
641	111.500	15:38:08	London Stock Exchange
65,209	111.250	16:31:11	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

 

 

POSBDLFBKDFFBBQ