FORM 10-C
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report by Issuer of Securities Quoted on NASDAQ Interdealer
Quotation System
Filed Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 and Rule 13a-17
or 15d-17 thereunder
DELTA NATURAL GAS COMPANY, INC.
(Exact name of issuer as specified in charter)
3617 Lexington Road Winchester, Kentucky 40391
(Address of principal executive offices)
(606) 744-6171
(Issuer's telephone number, including area code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:
1. Title of security: Common stock, $1 par value
2. Number of shares outstanding before the change: 1,906,121
3. Number of shares outstanding after the change: 2,306,121
4. Effective date of change: July 19, 1996
5. Method of change: Sale of 400,000 shares to public, at $16.00 share,
through Edward D. Jones & Co., J.J.B. Hilliard, W.L. Lyons, Inc. and The Ohio
Company, as Underwriters. Net proceeds from sale of stock along with sale of
debentures were used to refinance long-term debt and reduce short-term debt.
Date: ____July 29, 1996__________ __/s/John F. Hall____________________
John F. Hall
Vice President - Finance, Secretary and
Treasurer
