20th Feb 2018 13:20
20 February 2018
Diversified Gas & Oil PLC
(the "Company")
Directors' Share Purchases
Diversified Gas & Oil PLC (AIM: DGOC), a leading independent US based gas and oil producer focused on the Appalachian Basin, announces that it has been notified that Martin Thomas and David Johnson, both Non-executive Directors of the Company, have each today purchased 16,500 ordinary shares of 1p each in the Company ("Ordinary Shares"), at a price of 91.0 pence and 89.95 pence per Ordinary Share, respectively.
Following these share purchases, Martin Thomas is interested in a total of 2,050,000 Ordinary Shares, representing 0.66% of the Company's issued ordinary share capital and David Johnson is interested in a total of 150,000 Ordinary Shares, representing 0.05% of the Company's issued ordinary share capital.
The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Martin Thomas | |
2 | Reason for the notification | ||
a) | Position/status |
Director | |
b) | Initial notification/Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Diversified Gas & Oil PLC | |
b) | LEI | 213800YR9TFRVHPGOS67 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 1p each | |
Identification code | GB00BYX7JT74 | ||
b) | Nature of the transaction | Purchase of ordinary shares | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£0.910 | 16,500 | ||
d) | Aggregated information | N/A single transaction | |
Aggregated volume | N/A single transaction | ||
Price | N/A single transaction | ||
e) | Date of the transaction | 20 February 2018 | |
f) | Place of the transaction | London Stock Exchange (XLON) | |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | David Johnson | |
2 | Reason for the notification | ||
a) | Position/status |
Director | |
b) | Initial notification/Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Diversified Gas & Oil PLC | |
b) | LEI | 213800YR9TFRVHPGOS67 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 1p each | |
Identification code | GB00BYX7JT74 | ||
b) | Nature of the transaction | Purchase of ordinary shares | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£0.8995 | 16,500 | ||
d) | Aggregated information | N/A single transaction | |
Aggregated volume | N/A single transaction | ||
Price | N/A single transaction | ||
e) | Date of the transaction | 20 February 2018 | |
f) | Place of the transaction | London Stock Exchange (XLON) | |
Diversified Gas & Oil PLC Rusty Hutson Jr., Chief Executive Officer Brad Gray, Chief Operating Officer and Finance Director Eric Williams, Chief Financial Officer www.diversifiedgasandoil.com | + 1 (205) 408 0909 | |
Smith & Williamson Corporate Finance Limited Nominated Adviser & Joint Broker Russell Cook Katy Birkin | +44 20 7131 4000 | |
Mirabaud Securities Limited Joint Broker Peter Krens Edward Haig-Thomas | +44 20 3167 7222 | |
Stifel Nicolaus Europe Limited Joint Broker Callum Stewart Nicholas Rhodes Ashton Clanfield | +44 20 7710 7600 | |
Buchanan Financial Public Relations Ben Romney Chris Judd Henry Wilson | +44 20 7466 5000 |
Related Shares:
DGOC.L