Transaction in Own Shares

RNS Number : 7390W

Diversified Gas & Oil PLC

12 December 2019

 

12 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 196,876 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 101.507 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:	12 December 2019
Aggregate number of ordinary shares purchased:	196,876
Lowest price paid per share:	101.000 pence
Highest price paid per share:	102.000 pence
Volume weighted average price paid per share:	101.507 pence

Following the cancellation of Shares the Company will have 657,192,811 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.   The figure of 657,192,811 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
682	102.00	12:44:04	London Stock Exchange
1,222	102.00	12:44:44	London Stock Exchange
2,720	102.00	12:44:44	London Stock Exchange
12,366	102.00	13:40:24	London Stock Exchange
5,900	102.00	13:40:43	London Stock Exchange
7,792	102.00	13:50:31	London Stock Exchange
37,243	102.00	13:55:35	London Stock Exchange
2,300	101.50	12:11:29	London Stock Exchange
2,200	101.50	12:11:54	London Stock Exchange
2,400	101.50	12:12:19	London Stock Exchange
13,100	101.50	12:12:34	London Stock Exchange
1,502	101.50	12:15:02	London Stock Exchange
1,900	101.50	12:15:02	London Stock Exchange
1,228	101.50	12:15:02	London Stock Exchange
1,967	101.50	12:15:02	London Stock Exchange
1,532	101.50	12:15:02	London Stock Exchange
1,155	101.50	12:30:39	London Stock Exchange
34	101.50	12:30:39	London Stock Exchange
34,633	101.50	14:29:26	London Stock Exchange
8,500	101.00	09:41:20	London Stock Exchange
2,645	101.00	09:41:20	London Stock Exchange
3,559	101.00	09:41:20	London Stock Exchange
5,000	101.00	09:41:20	London Stock Exchange
296	101.00	09:41:20	London Stock Exchange
8,500	101.00	11:09:54	London Stock Exchange
2,812	101.00	11:09:54	London Stock Exchange
5,052	101.00	11:09:54	London Stock Exchange
3,636	101.00	11:09:54	London Stock Exchange
2,547	101.00	13:55:56	London Stock Exchange
2,172	101.00	14:11:15	London Stock Exchange
20,281	101.00	14:26:01	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 Kelsey Traynor James Husband [e-mail]	[phone]

 

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