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Diversified Gas &Oil - Transaction in own shares

RNS Number : 1396A
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 139,665 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 103.95 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

 

Date of purchase:

16 January 2020

Aggregate number of ordinary shares purchased:

139,665

Lowest price paid per share:

103.50 pence

Highest price paid per share:

104.25 pence

Volume weighted average price paid per share:

103.95 pence

 

Following the cancellation of Shares the Company will have 653,318,506 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. The figure of 653,318,506 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

4,947

104.00

03:55:13

London Stock Exchange

7,732

103.75

10:51:01

London Stock Exchange

4,768

103.75

10:51:12

London Stock Exchange

7,553

103.75

10:51:12

London Stock Exchange

12,500

103.75

10:52:01

London Stock Exchange

12,500

103.75

10:52:01

London Stock Exchange

2,052

103.50

10:57:04

London Stock Exchange

523

103.50

11:27:19

London Stock Exchange

370

103.50

11:48:20

London Stock Exchange

453

103.50

11:53:56

London Stock Exchange

207

103.50

11:58:20

London Stock Exchange

2,670

103.50

14:25:28

London Stock Exchange

659

103.50

14:25:28

London Stock Exchange

890

103.50

14:25:28

London Stock Exchange

1,698

103.50

14:25:28

London Stock Exchange

2,079

103.50

14:25:28

London Stock Exchange

1,145

103.50

14:25:28

London Stock Exchange

589

103.50

14:25:28

London Stock Exchange

801

103.50

14:25:28

London Stock Exchange

2,409

103.50

14:26:28

London Stock Exchange

6,845

104.25

09:52:18

London Stock Exchange

12,500

104.25

14:52:18

London Stock Exchange

3,933

104.25

14:52:20

London Stock Exchange

4,460

104.25

09:52:31

London Stock Exchange

13,361

104.25

14:52:31

London Stock Exchange

8,901

104.25

14:52:32

London Stock Exchange

1,817

104.00

15:36:26

London Stock Exchange

2,052

104.00

15:45:37

London Stock Exchange

1,373

104.00

15:51:17

London Stock Exchange

2,307

104.00

15:52:36

London Stock Exchange

1,007

104.00

15:52:36

London Stock Exchange

1,248

104.00

15:59:07

London Stock Exchange

2,088

104.00

15:59:50

London Stock Exchange

738

104.00

15:59:50

London Stock Exchange

3,672

104.00

16:16:31

London Stock Exchange

1,731

104.00

16:16:31

London Stock Exchange

881

104.00

16:20:36

London Stock Exchange

1,336

104.00

16:20:52

London Stock Exchange

2,185

104.00

16:21:10

London Stock Exchange

685

104.00

16:21:10

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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Market: AIM
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