Transaction in Own Shares

RNS Number : 8137C

Diversified Gas & Oil PLC

19 June 2019

 

19 June 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 871,702 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 105.844 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:	19 June 2019
Aggregate number of ordinary shares purchased:	871,702
Lowest price paid per share:	103.500 pence
Highest price paid per share:	108.000 pence
Volume weighted average price paid per share:	105.844 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 9,124,390 ordinary shares in treasury.  Therefore, the total voting rights in DGO will be 685,044,698.  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
1,691	108.00	08:20:03	London Stock Exchange
23,309	108.00	08:33:35	London Stock Exchange
13,207	108.00	08:34:01	London Stock Exchange
11,793	108.00	08:34:18	London Stock Exchange
21,737	108.00	08:34:18	London Stock Exchange
3,263	108.00	08:34:18	London Stock Exchange
1,373	108.00	08:34:18	London Stock Exchange
23,627	108.00	08:34:18	London Stock Exchange
50,000	107.00	09:05:07	London Stock Exchange
50,000	106.00	09:20:00	London Stock Exchange
5,150	105.00	09:23:07	Stock Exchange
250,000	104.50	09:43:40	Stock Exchange
6,116	104.00	09:43:47	Stock Exchange
18,884	104.00	09:52:21	Stock Exchange
97,386	103.50	10:43:52	Stock Exchange
3,080	104.25	11:59:01	Stock Exchange
18,269	104.50	12:00:55	Stock Exchange
15,000	105.00	13:23:52	Stock Exchange
4,251	105.25	13:23:52	Stock Exchange
4,251	105.25	13:23:52	Stock Exchange
15,000	105.00	13:23:52	Stock Exchange
14,369	105.00	13:23:52	Stock Exchange
631	105.00	13:25:37	Stock Exchange
10,997	106.00	14:13:46	Stock Exchange
15,000	106.00	14:42:51	Stock Exchange
2,834	106.00	14:54:03	Stock Exchange
14,158	107.50	16:05:35	Stock Exchange
842	107.50	16:05:35	Stock Exchange
3,106	107.50	16:10:34	Stock Exchange
4,923	108.00	16:28:35	Stock Exchange
10,919	108.00	16:28:35	Stock Exchange
1,470	108.00	16:28:35	Stock Exchange
12,688	108.00	16:28:35	Stock Exchange
1,101	108.00	16:29:12	Stock Exchange
18,827	108.00	16:29:12	Stock Exchange
2,152	108.00	16:29:12	Stock Exchange
7,920	108.00	16:29:12	Stock Exchange
1,451	108.00	16:29:45	Stock Exchange
18,827	108.00	16:29:45	Stock Exchange
2,100	108.00	16:29:45	Stock Exchange
90,000	108.00	16:30:09	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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