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.
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.
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