REG - Diversified Energy - Q3 2023 Dividend Exchange Rate

Diversified EnergyAnnouncement

20/03/2024 10:30

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RNS Number : 6097H  Diversified Energy Company PLC  20 March 2024

March 20, 2024

 

DIVERSIFIED ENERGY COMPANY PLC

(the "Company")

 

Q3 2023 Dividend Exchange Rate

 

 

Diversified Energy Company PLC (LSE: DEC) announced on November 15,
2023 a dividend in respect of the third quarter ended September 30,
2023 on a pre-consolidation basis of 4.375 cents per share, which was
subsequently revised to 87.5 cents per share as the result of the 20 for 1
share consolidation which took effect on Tuesday, December 5, 2023 (the
"Q3 2023 Dividend").  The Company will pay the Q3 2023 Dividend
on March 28, 2024 to those shareholders on the register on March 1, 2024.

 

The Company announces that shareholders who have elected to receive their
dividends in GBP sterling will receive an equivalent (post-consolidation)
dividend payment of 68.44 pence per share, based on the March 15, 2024
exchange rate of GBP 0.78214=US $1.00.

 

 

 

For further information, please contact:

 

 Diversified Energy Company PLC             +1 973 856 2757
 Doug Kris                                 dkris@dgoc.com
 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.

 

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