Diversified Energy
Company PLC
("Diversified" or the "Company")
Transaction in Own
Shares
Diversified Energy Company PLC
(LSE:DEC, NYSE:DEC) announces that, in accordance with the terms of
its share buyback programme announced on 27 June 2023, the Company
has purchased 3,750 ordinary shares of 20 pence each in the capital
of the Company (the "Shares") in the market at a volume weighted
average price of 1,120.5 pence per Share through Peel Hunt LLP
("Peel Hunt"). The Shares acquired will, in due course, be
cancelled.
Aggregated Information
|
Date of Purchase:
|
21/05/2024
|
|
Aggregate Number of Ordinary Shares
Purchased:
|
3,750
|
|
Lowest Price Paid per Share
(pence):
|
1,120.5
|
|
Highest Price Paid per Share
(pence):
|
1,120.5
|
|
Volume-Weighted Average Price Paid
per Share (pence):
|
1,120.5
|
Following the cancellation of
Shares, Diversified will have 47,489,679
ordinary shares of 20 pence each in issue and no ordinary shares
are held in treasury. This figure of 47,489,679 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 FCA's Disclosure Guidance and
Transparency Rules.
In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (the Market Abuse Regulation), (as
in force in the UK and as amended by the Market Abuse (Amendment)
(EU Exit) Regulations 2019), the table below contains detailed
information of the individual trades made by Peel Hunt as part of
the buyback programme.
Schedule of Purchases
|
Shares purchased:
|
Diversified Energy Company plc
(ISIN: GB00BQHP5P93)
|
|
Dates of purchases:
|
21/05/2024
|
|
Investment firm:
|
Peel Hunt LLP
|
|
Transaction date and
time
|
Number of shares
purchased
|
Transaction price (pence per
share)
|
Trading
venue
|
|
21/05/2024 14:45:04
|
3,750
|
1120.5
|
LSE
|
For further information, please
contact:
|
Diversified Energy Company PLC
|
+1
973 856 2757
|
|
Doug Kris
|
dkris@dgoc.com
|
|
Senior Vice President, Investor
Relations & Corporate Communications
|
www.div.energy
|
|
|
|
|
FTI
Consulting
|
dec@fticonsulting.com
|
|
U.S. & UK Financial Public
Relations
|
|
About Diversified Energy Company PLC
Diversified is a leading publicly
traded energy company focused on natural gas and liquids
production, transport, marketing, and well retirement. Through our
differentiated strategy, we acquire existing, long-life assets and
invest in them to improve environmental and operational performance
until retiring those assets in a safe and environmentally secure
manner. Recognized by ratings agencies and organizations for our
sustainability leadership, this solutions-oriented, stewardship
approach makes Diversified the Right Company at the Right Time to
responsibly produce energy, deliver reliable free cash flow, and
generate shareholder value.