Diversified Gas & Oil : First quarter dividend announcement
May 04, 2020 at 02:14 am EDT
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RNS Number : 7858L
Diversified Gas & Oil PLC
04 May 2020
4 May 2020
Diversified Gas & Oil PLC
("DGO" or the "Company")
First quarter dividend announcement
Diversified Gas & Oil PLC (AIM: DGOC), the U.S. based owner and operator of natural gas, natural gas liquids, oil wells and midstream assets, is pleased to announce that the Board has declared an interim dividend of 3.50 cents per share in respect of the first quarter for the three month period ended 31 March 2020 (Q1 2019: 3.42 cents).
Key dates related to the 1Q20 dividend include:
Ex-dividend Date:
Record Date:
3 September 2020
4 September 2020
Payment Date:
25 September 2020
Default Currency:
US Dollar
Currency Election
Sterling
Option
DGO will pay the dividend in U.S. dollars while continuing to make available to shareholders a sterling election. For those shareholders who wish to receive their dividend payment in sterling, and who have not yet completed a currency election form, the Company has made available a dividend election form on its website at https://ir.dgoc.com/dividend-information. Shareholders who wish to receive sterling should submit the dividend election form to Computershare Investor Services no later than 7 September 2020.
The sterling value of the dividend payable per share will be fixed and announced approximately one week prior to the payment date.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information contact:
Diversified Gas & Oil PLC
+ 1 (205) 408 0909
Rusty Hutson Jr., Chief Executive Officer
Brad Gray, Chief Operating Officer
Eric Williams, Chief Financial Officer
Teresa Odom, Vice President Investor Relations
www.dgoc.com
ir@dgoc.com
Cenkos Securities plc
+44 (0)20 7397 8900
(Nominated Adviser)
Russell Cook
Katy Birkin
Ben Jeynes
Mirabaud Securities Limited
+44 (0)20 3167 7221
(Joint Broker)
Peter Krens
Edward Haig-Thomas
Stifel Nicolaus Europe Limited
+44 (0)20 7710 7600
(Joint Broker)
Callum Stewart
Jason Grossman
Ashton Clanfield
Buchanan
+44 (0)20 7466 5000
(Financial Public Relations)
Ben Romney
Chris Judd
Kelsey Traynor
James Husband
dgo@buchanan.uk.com
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Diversified Gas & Oil plc published this content on 04 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2020 06:13:02 UTC
Diversified Energy Company PLC is an independent energy company. The Company is engaged in the production, marketing, and transportation of natural gas and associated liquids from its complementary onshore upstream and midstream assets, primarily located within the Appalachian and Central Regions of the United States. Its asset base is comprised of conventional and unconventional natural gas, natural gas liquids, and oil-producing wells. The Companyâs portfolio consists of the production of primarily natural gas wells and gathering systems located within the Appalachia and Central Region. Its midstream and marketing have its portfolio contains approximately 17,000 miles of gathering and transportation lines and associated compression stations located throughout its operating footprint. The Company's operations are located in Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas and Louisiana.