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Cancellation of Treasury Shares

10 Jul 2019 17:28

RNS Number : 1512F
Diversified Gas & Oil PLC
10 July 2019
 

10 July 2019

 

Diversified Gas & Oil PLC

(the "Company")

 

Cancellation of Treasury Shares

 

Diversified Gas & Oil PLC (AIM: DGOC), the US based owner and operator of natural gas, natural gas liquids and oil wells as well as midstream assets, announces that it has cancelled an aggregate of 13,731,509 existing ordinary shares of £0.01 each ("Ordinary Shares") which were held in treasury as at 30 June 2019, further to repurchases made under the Company's share buyback programme announced on 30 April 2019 (the "Programme").

 

Following this cancellation of shares, the Company will have 680,437,579 Ordinary Shares in issue including an aggregate of 4,369,049 Ordinary Shares repurchased under the Programme since the beginning of July 2019 and currently held in treasury for cancellation following the month end. Therefore, the total voting rights in DGO as at today's date is 676,068,530. This figure for the total number of voting rights 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

The Company intends to cancel shares held in treasury repurchased under the Programme on a monthly basis.

 

Diversified Gas & Oil PLC

Rusty Hutson Jr., Chief Executive Officer

Brad Gray, Chief Operating Officer & Finance Director

Eric Williams, Chief Financial Officer

www.dgoc.com

ir@dgoc.com

 

+ 1 (205) 408 0909

 

Cenkos Securities plc

(Nominated Adviser)

Russell Cook

Katy Birkin

Ben Jeynes

 

+44 (0)20 7397 8900

 

Mirabaud Securities Limited

(Joint Broker)

Peter Krens

Edward Haig-Thomas

 

+44 (0)20 3167 7221

 

Stifel Nicolaus Europe Limited

(Joint Broker)

Callum Stewart

Nicholas Rhodes

Ashton Clanfield

 

+44 (0)20 7710 7600

Buchanan

(Financial Public Relations)

Ben Romney

Chris Judd

James Husband

dgo@buchanan.uk.com

+44 (0)20 7466 5000

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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