Transaction in Own Shares

RNS Number : 2312A

Diversified Gas & Oil PLC

17 January 2020

 

17 January 2020

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 171,424 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 103.719 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:	17 January 2020
Aggregate number of ordinary shares purchased:	171,424
Lowest price paid per share:	105.000 pence
Highest price paid per share:	101.500 pence
Volume weighted average price paid per share:	103.719 pence

Following the cancellation of Shares the Company will have 653,147,082 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. The figure of 653,147,082 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
4,151	104.50	09:27:00	London Stock Exchange
20,849	105.00	09:51:00	London Stock Exchange
2,130	105.00	09:51:19	London Stock Exchange
22,870	105.00	09:51:19	London Stock Exchange
45,030	104.00	11:05:59	London Stock Exchange
271	103.00	14:29:58	London Stock Exchange
24,729	103.00	14:29:58	London Stock Exchange
25,000	103.00	14:30:06	London Stock Exchange
1,892	101.50	15:45:19	London Stock Exchange
1,797	101.50	15:48:10	London Stock Exchange
2,099	101.50	15:50:54	London Stock Exchange
2,144	102.50	16:26:38	London Stock Exchange
1,590	102.50	16:26:38	London Stock Exchange
1,798	102.50	16:26:38	London Stock Exchange
1,813	102.50	16:26:38	London Stock Exchange
1,879	102.50	16:26:38	London Stock Exchange
1,812	102.50	16:26:38	London Stock Exchange
1,875	102.50	16:26:38	London Stock Exchange
1,844	102.50	16:26:38	London Stock Exchange
1,768	102.50	16:26:38	London Stock Exchange
146	102.50	16:26:38	London Stock Exchange
1,541	102.50	16:26:38	London Stock Exchange
796	102.50	16:26:38	London Stock Exchange
25	102.50	16:26:38	London Stock Exchange
154	102.50	16:26:38	London Stock Exchange
1,421	102.00	16:27:04	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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