Diversified Gas & Oil : Oil - Transaction in Own Shares

RNS Number : 9055Y

Diversified Gas & Oil PLC

06 January 2020

6 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 251,349 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 107.687 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Date of purchase:	6 January 2020
Aggregate number of ordinary shares purchased:	251,349
Lowest price paid per share:	107.000 pence
Highest price paid per share:	108.000 pence
Volume weighted average price paid per share:	107.687 pence

Following the cancellation of Shares the Company will have 655,120,951 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. The figure of 655,120,951 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
821	107.50	09:09:28	London Stock Exchange
98,193	108.00	09:35:38	London Stock Exchange
4,875	108.00	11:49:39	London Stock Exchange
19,304	108.00	11:55:42	London Stock Exchange
100,000	107.50	12:58:36	London Stock Exchange
28,156	107.00	15:50:42	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
Stifel Nicolaus Europe Limited	[phone]
(Joint Broker)
Callum Stewart
Nicholas Rhodes
Ashton Clanfield

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Buchanan

[phone]

(Financial Public Relations)

Ben Romney

Chris Judd James Husband [e-mail]

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