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Diversified Gas &Oil (DGOC)

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Friday 12 July, 2019

Diversified Gas &Oil

Transaction in Own Shares

RNS Number : 4428F
Diversified Gas & Oil PLC
12 July 2019
 

12 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 614,543 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 114.733 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:

12 July 2019

Aggregate number of ordinary shares purchased:

614,543

Lowest price paid per share:

114.000 pence

Highest price paid per share:

115.500 pence

Volume weighted average price paid per share:

114.733 pence

 

The number of ordinary shares in issue is 680,437,579 (including treasury shares) and following the purchase of the Shares, the Company will hold 6,039,777 ordinary shares in treasury. Therefore, the total voting rights in DGO will be 674,397,802. 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

250,000

115.5

09:14:09

London Stock Exchange

45,093

115.5

09:21:25

London Stock Exchange

3,461

115.0

08:00:32

London Stock Exchange

4,175

115.0

09:20:29

London Stock Exchange

9,887

114.0

15:32:35

London Stock Exchange

96,420

114.0

15:32:57

London Stock Exchange

100,000

114.0

15:33:29

London Stock Exchange

100,000

114.0

15:33:46

London Stock Exchange

5,507

114.0

15:34:52

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

[email protected]

 

 

+ 1 (205) 408 0909

 

Cenkos Securities plc

(Nominated Adviser)

Russell Cook

Katy Birkin

Ben Jeynes

 

 

+44 (0)20 7397 8900

 

Mirabaud Securities Limited

(Joint Broker)

Peter Krens

Edward Haig-Thomas

 

 

+44 (0)20 3167 7221

 

Stifel Nicolaus Europe Limited

(Joint Broker)

Callum Stewart

Nicholas Rhodes

Ashton Clanfield

 

 

+44 (0)20 7710 7600

Buchanan

(Financial Public Relations)

Ben Romney

Chris Judd

James Husband

[email protected]

+44 (0)20 7466 5000

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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