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Diversified Gas &Oil - Transaction in Own Shares

RNS Number : 9578Z
Diversified Gas & Oil PLC
16 January 2020
 

16 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 183,217 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 104.524 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

 

Date of purchase:

15 January 2020

Aggregate number of ordinary shares purchased:

183,217

Lowest price paid per share:

103.500 pence

Highest price paid per share:

105.500 pence

Volume weighted average price paid per share:

104.524 pence

 

Following the cancellation of Shares the Company will have 653,458,171 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. The figure of 653,458,171 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

25,000

105.50

10:33:25

London Stock Exchange

8,732

105.50

12:37:20

London Stock Exchange

50,000

105.00

14:35:32

London Stock Exchange

719

104.00

16:05:50

London Stock Exchange

1,207

104.00

16:05:50

London Stock Exchange

1,604

104.00

16:05:50

London Stock Exchange

1,259

104.00

16:05:50

London Stock Exchange

416

104.00

16:05:50

London Stock Exchange

9,795

104.00

16:05:50

London Stock Exchange

695

104.00

16:09:49

London Stock Exchange

1

104.00

16:09:49

London Stock Exchange

2,343

104.00

16:09:49

London Stock Exchange

2,600

104.00

16:09:49

London Stock Exchange

1,127

104.00

16:09:49

London Stock Exchange

1,530

104.00

16:09:49

London Stock Exchange

99

104.00

16:09:49

London Stock Exchange

6,605

104.00

16:09:49

London Stock Exchange

9,568

104.00

16:09:58

London Stock Exchange

5,432

104.00

16:09:58

London Stock Exchange

1,151

103.50

16:20:34

London Stock Exchange

2,275

103.50

16:22:34

London Stock Exchange

664

103.50

16:25:11

London Stock Exchange

3,293

103.50

16:25:39

London Stock Exchange

1,981

103.50

16:25:56

London Stock Exchange

3,128

104.00

16:26:53

London Stock Exchange

3,050

104.00

16:27:15

London Stock Exchange

9,458

104.00

16:27:34

London Stock Exchange

5,986

104.00

16:27:34

London Stock Exchange

23,499

104.00

16:27:59

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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