Diversified Gas & Oil PLC Transaction in Own Shares (2998F)
July 11 2019 - 12:25PM
UK Regulatory
TIDMDGOC
RNS Number : 2998F
Diversified Gas & Oil PLC
11 July 2019
11 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 628,607 ordinary shares of 1 pence each in the capital of
the Company (the "Shares") in the market at a volume weighted
average price of 116.176 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: 11 July 2019
Aggregate number of ordinary shares purchased: 628,607
Lowest price paid per share: 112.000 pence
Highest price paid per share: 117.000 pence
Volume weighted average price paid per share: 116.176 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 5,425,234 ordinary shares in treasury. Therefore,
the total voting rights in DGO will be 675,012,345. 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 Transaction price Time of transaction Trading venue
purchased (pence per share)
100,000 117.00 10:23:39 London Stock Exchange
------------------- -------------------- ----------------------
100,000 116.25 12:16:37 London Stock Exchange
------------------- -------------------- ----------------------
125,000 116.25 14:57:17 London Stock Exchange
------------------- -------------------- ----------------------
125,000 116.25 14:57:29 London Stock Exchange
------------------- -------------------- ----------------------
66,767 116.25 15:54:14 London Stock Exchange
------------------- -------------------- ----------------------
25,000 116.25 16:12:45 London Stock Exchange
------------------- -------------------- ----------------------
25,000 116.25 16:13:02 London Stock Exchange
------------------- -------------------- ----------------------
33,233 116.25 16:29:05 London Stock Exchange
------------------- -------------------- ----------------------
28,607 112.00 08:09:23 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
ir@dgoc.com + 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
dgo@buchanan.uk.com +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 rns@lseg.com or visit www.rns.com.
END
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