Diversified Gas & Oil : Oil - Transaction in Own Shares

RNS Number : 5131Z

Diversified Gas & Oil PLC

13 January 2020

13 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 256,675 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 105.617 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:

Aggregate number of ordinary shares purchased:

Lowest price paid per share:

Highest price paid per share:

Volume weighted average price paid per share:

10 January 2020

256,675

105.000 pence

105.750 pence

105.617 pence

Following the cancellation of Shares the Company will have 654,146,865 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. The figure of 654,146,865 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	Trading venue
purchased	(pence per share)	transaction
1,461	105.00	08:17:47	London Stock Exchange
1,340	105.00	08:23:48	London Stock Exchange
1,340	105.00	08:29:35	London Stock Exchange
1,536	105.00	08:37:55	London Stock Exchange
250	105.50	10:48:13	London Stock Exchange
1,408	105.50	10:48:29	London Stock Exchange
1,400	105.50	10:56:03	London Stock Exchange
1,379	105.50	11:03:39	London Stock Exchange
1,371	105.50	11:11:14	London Stock Exchange
1,354	105.50	11:18:58	London Stock Exchange
12,161	105.50	11:34:25	London Stock Exchange
100,000	105.50	14:40:24	London Stock Exchange
131,675	105.75	16:14:23	London Stock Exchange

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Diversified Gas & Oil PLC	+ 1 [phone]
Rusty Hutson Jr., Chief Executive Officer
Brad Gray, Chief Operating Officer & Finance Director
Eric Williams, Chief Financial Officer
www.dgoc.com
[e-mail]
Cenkos Securities plc	[phone]
(Nominated Adviser)
Russell Cook
Katy Birkin
Ben Jeynes
Mirabaud Securities Limited	[phone]
(Joint Broker)
Peter Krens
Edward Haig-Thomas

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Stifel Nicolaus Europe Limited	[phone]
(Joint Broker)
Callum Stewart
Nicholas Rhodes
Ashton Clanfield
Buchanan	[phone]
(Financial Public Relations)
Ben Romney
Chris Judd
James Husband
[e-mail]

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 [e-mail] visit www.rns.com.

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