VGAS.L Regulatory News (VGAS)

14 December 2018

Volga Gas plc

("Volga Gas", the "Company" or the "Group")

Transaction in Own Shares

 Volga Gas announces that it has purchased the following number of its ordinary shares of 1p each ("Ordinary Shares") on AIM via SP Angel Corporate Finance LLP.

Dates of purchase: 14 December 2018

Number of Ordinary Shares purchased: 40,000

Price paid per share: 54.25p

The Company purchased the shares under a share dealing facility offered by the Company for Group members of staff who otherwise do not have access to share trading.

The person acquiring the shares is a Group employee but does not hold a position that is deemed PDMR. The investment is being made voluntarily by this staff member from his own personal funds.

Following the purchase of these shares and subsequent settlement, Volga Gas holds none of its Ordinary Shares in treasury.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

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