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Diversified Gas &Oil - FTSE 250 Index Inclusion

RNS Number : 8787X
Diversified Gas & Oil PLC
03 September 2020
 

3 September 2020

 

Diversified Gas & Oil PLC

("DGO" or the "Company")

 

FTSE 250 Index Inclusion

Diversified Gas & Oil PLC (LSE: DGOC), the U.S. based owner and operator of natural gas, natural gas liquids and oil wells and midstream assets, is pleased to announce that FTSE Russell has confirmed that DGO will be admitted into the FTSE 250 Index and the FTSE All-Share Index later this month. The Company's inclusion will be applied after the close of business on Friday, 18 September 2020 and will be effective on Monday, 21 September 2020.

 

Commenting on the Company's entry into the FTSE 250, CEO, Rusty Hutson, Jr., said:

 

"I am very pleased to announce that following our move to the Main Market in May 2020, DGO will be joining two important indices: the FTSE 250 and the FTSE All-Share, which we expect will further increase DGO's market exposure and will broaden our investor base.

 

"Since listing in London just over three years ago, DGO has consistently delivered accretive growth, becoming the largest independent producer by volume listed on the LSE. DGO's differentiated business model, focused on low-risk cash flow to underpin reliable quarterly dividends, continues to deliver sustainable growth and value creation. I look forward to welcoming new investors through this index inclusion and to continuing our positive momentum."

 

 

 

For further information contact:

 

Diversified Gas & Oil PLC

Teresa Odom, Vice President Investor Relations

www.dgoc.com

[email protected]

 

 

+ 1 (205) 408 0909

 

Buchanan

(Financial Public Relations)

Ben Romney

Chris Judd

Kelsey Traynor

James Husband

[email protected]

+44 (0)20 7466 5000

 

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Quick facts: Diversified Gas & Oil PLC

Price: 106

Market: LSE
Market Cap: £749.71 m
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