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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Eland Oil & Gas PLC    ELA   GB00B8HHWX64

ELAND OIL & GAS PLC (ELA)
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Delayed Quote. Delayed  - 12/10 05:35:05 pm
106 GBp   -1.85%
12/07ELAND OIL & GAS PLC : - Transaction in Own Shares
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Eland Oil & Gas PLC : - Transaction in Own Shares

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12/07/2018 | 03:40pm CET

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announces that it has made the following redemptions pursuant to the share buyback programme (the 'Programme') announced on 19 November 2018.

Date of purchase: 6 December 2018

Number of Ordinary Shares purchased: 65,000

Highest price paid per Ordinary Share: 108.500

Lowest price paid per Ordinary Share: 104.000

Volume weighted average price per Ordinary Share: 106.808

Following the repurchase of the shares set out above, the Company's issued share capital consists of 220,164,155 Ordinary Shares. 732,792 Ordinary shares are held in Treasury.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Programme.

Contact:

Tel: (+44 (0) 203 757 4980)

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

(C) 2018 Electronic News Publishing, source ENP Newswire

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News from SeekingAlpha
2017Eland Oil & Gas (ELOGF) Investor Presentation - Slideshow 
Financials (GBP)
Sales 2018 172 M
EBIT 2018 85,4 M
Net income 2018 55,7 M
Finance 2018 12,3 M
Yield 2018 -
P/E ratio 2018 5,18
P/E ratio 2019 2,82
EV / Sales 2018 1,30x
EV / Sales 2019 0,49x
Capitalization 237 M
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Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 1,59  GBP
Spread / Average Target 47%
EPS Revisions
Managers
NameTitle
George Walter Mitchell Maxwell Chief Executive Officer & Executive Director
Russell Seth Harvey Non-Executive Chairman
Pieter van der Groen Chief Operating Officer
Ronald A. Bain Chief Financial Officer & Director
John Downey Chief Technical Officer
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