Transaction in Own Shares

RNS Number : 7320L

Diversified Gas & Oil PLC

10 September 2019

 

10 September 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 204,409 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 107.518 pence per Share at the discretion of Stifel Nicolaus Europe Limited ("Stifel").  The Shares acquired will, in due course, be cancelled.

Date of purchase:	9 September 2019
Aggregate number of ordinary shares purchased:	204,409
Lowest price paid per share:	107.000 pence
Highest price paid per share:	108.500 pence
Volume weighted average price paid per share:	107.518 pence

Following the cancellation of Shares the Company will have 660,363,925 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury.  All ordinary shares previously announced as held in treasury have been cancelled. The figure of 660,363,925 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
1,939	108.50	09:51:24	London Stock Exchange
39,194	108.50	09:53:01	London Stock Exchange
12,865	108.00	10:10:49	London Stock Exchange
7,135	108.00	10:10:49	London Stock Exchange
3,059	107.00	10:16:33	London Stock Exchange
15,000	107.00	10:16:59	London Stock Exchange
6,941	107.00	10:47:36	London Stock Exchange
1,456	107.00	12:02:10	London Stock Exchange
10	107.00	12:02:10	London Stock Exchange
378	107.00	12:02:10	London Stock Exchange
675	107.00	12:02:10	London Stock Exchange
1,876	107.00	12:02:10	London Stock Exchange
8	107.00	12:02:10	London Stock Exchange
181	107.00	12:02:10	London Stock Exchange
1,685	107.00	12:13:33	London Stock Exchange
1,907	107.00	12:47:35	London Stock Exchange
1,090	107.00	12:49:50	London Stock Exchange
2,600	107.00	13:04:38	London Stock Exchange
3,600	107.00	13:38:00	London Stock Exchange
2,883	107.00	13:45:16	London Stock Exchange
3,378	107.00	14:46:14	London Stock Exchange
2,361	107.00	14:46:14	London Stock Exchange
912	107.00	14:46:14	London Stock Exchange
5,100	107.00	15:17:41	London Stock Exchange
2,439	107.00	15:17:41	London Stock Exchange
1,498	107.00	15:20:54	London Stock Exchange
4,128	107.00	15:25:24	London Stock Exchange
5,900	107.00	15:43:15	London Stock Exchange
2,947	107.00	15:43:15	London Stock Exchange
3,351	107.00	15:48:56	London Stock Exchange
326	107.50	15:56:35	London Stock Exchange
3,584	107.50	15:56:35	London Stock Exchange
2,160	107.50	15:56:35	London Stock Exchange
1,939	107.50	15:56:35	London Stock Exchange
5,492	107.50	15:56:35	London Stock Exchange
3,230	107.50	15:56:35	London Stock Exchange
34	107.50	15:56:35	London Stock Exchange
3,297	107.50	15:56:35	London Stock Exchange
3,938	107.50	15:56:35	London Stock Exchange
4,400	107.00	15:56:36	London Stock Exchange
426	107.50	16:13:12	London Stock Exchange
1,398	107.50	16:13:12	London Stock Exchange
4,012	107.50	16:13:15	London Stock Exchange
1,494	107.50	16:13:15	London Stock Exchange
298	107.50	16:14:43	London Stock Exchange
297	107.50	16:16:23	London Stock Exchange
19,276	107.11	16:16:50	London Stock Exchange
1,283	107.50	16:20:00	London Stock Exchange
7,800	107.50	16:25:54	London Stock Exchange
1,597	107.50	16:25:54	London Stock Exchange
1,632	107.50	16:25:54	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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