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 1,099 pence per Share through Peel Hunt LLP ("Peel
Hunt"). The Shares acquired will, in due course, be
cancelled.
Aggregated Information
Date of Purchase:
|
01/05/2024
|
Aggregate Number of Ordinary Shares
Purchased:
|
3,750
|
Lowest Price Paid per Share
(pence):
|
1,099
|
Highest Price Paid per Share
(pence):
|
1,099
|
Volume-Weighted Average Price Paid
per Share (pence):
|
1,099
|
Following the cancellation of
Shares, Diversified will have 47,530,929
ordinary shares of 20 pence each in issue and no ordinary shares
are held in treasury. This figure of 47,530,929 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:
|
01/05/2024
|
Investment firm:
|
Peel Hunt LLP
|
Transaction date and
time
|
Number of shares
purchased
|
Transaction price (pence per
share)
|
Trading
venue
|
01/05/2024 15:39:39
|
3,750
|
1,099
|
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 independent
energy company focused on producing, marketing, transporting, and
retiring primarily natural gas and liquids assets. Our
differentiated strategy provides the solution for existing
long-life assets that have become non-core to traditional
exploration companies. We acquire and then invest in each asset to
improve environmental and production performance and ultimately
retire the wells in a safe and environmentally secure process. This
stewardship approach makes us the Right Company at the Right Time,
enabling us to responsibly produce energy, deliver reliable free
cash flow, and generate shareholder value.