22 Jul 2016 17:56
22 July 2016
Â
Â
Volga Gas plc
("Volga Gas", the "Company" or the "Group")
Â
Transaction In Own Shares
Â
Volga Gas announces that it has purchased the following number of its ordinary shares of 10p each on AIM via Stifel Nicolaus Europe Limited.
Â
Ordinary Shares:
Â
Date of purchase: 21 July 2016
Number of ordinary shares purchased: 50,000
Highest price paid per share: 47.25p
Lowest price paid per share: 47.25p
Volume weighted average price per share: 47.25p
Â
The Company purchased the shares to settle a bonus payment to its Chief Executive Officer. The shares purchased are to be registered directly in the name of Andrey Zozulya.
Â
Following the purchase of these shares, Volga Gas holds none of its ordinary shares in treasury.
Â
Â
Â
For further information, please contact:
Â
Volga Gas plc | Â |
Andrey Zozulya, Chief Executive Officer Vadim Son, Chief Financial Officer Tony Alves, Investor Relations Consultant | +7 495 721 1233 Â +44 (0)7824 884 342 |
 |  |
Stifel Nicolaus Europe Limited (Nominated Adviser and Broker) | +44 (0)20 7710 7600 |
Callum Stewart, Ashton Clanfield | Â |
 |  |
FTI Consulting | +44 (0)20 3727 1000 |
Edward Westropp, Alex Beagley | Â |
Â
Editors' notes:
Â
Volga Gas is an independent oil and gas exploration and production company operating in the Volga region of Russia. The company has 100% interests in its four licence areas.
Â