Diversified Gas & Oil PLC (AIM: DGOC), a US based gas and oil producer, announced its Final Results for the year ended 31 December 2016 on 7 June 2017. The Company stated that details of the recommended final dividend would be included in the Readmission Document and the Board is pleased to announce that it is recommending a final dividend of 1.99 cents per share to be paid to Shareholders on the register on Friday 7 July 2017.
Shareholders will be able to elect to receive the dividend in pounds sterling at the US dollar exchange rate on 7 July 2017, being the dividend record date.
As an illustration, based on the exchange rate at 14 June 2017 of $1.2740/£ the proposed dividend would be equivalent to 1.56 pence per share.
The dividend will be paid on Monday 31 July 2017, subject to approval at the AGM to be held on Friday 28 July 2017.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
