RCS - Diversified Energy - Diversified Energy Acquisition Update

Diversified EnergyAnnouncement

07/03/2025 07:15

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RNS Number : 7516Z  Diversified Energy Company PLC  07 March 2025

March 7, 2025

 

Diversified Energy Company PLC

("Diversified" or the "Company")

 

 

Diversified Energy Acquisition Update

 

 

Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) ("Diversified" or the
"Company"), an independent energy company focused on natural gas and liquids
production, transportation, marketing and well retirement, today announces the
recently announced acquisition of Maverick Natural Resources remains on track
with previously announced deal specifics, including share consideration, which
is not, and will not be, impacted or adjusted as a result of any movement in
the Company's share price.. The General Meeting will take place at 1:00pm
(London Time) on Monday, March 10th, 2025, and the acquisition is now
anticipated to close prior to the end of the first quarter of 2025, subject to
customary closing conditions and Diversified shareholder approval.

 

 

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

 

Diversified is a leading publicly traded energy company focused on natural gas
and liquids production, transport, marketing, and well retirement. Through our
unique 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.

 

Forward-Looking Statements

This announcement contains forward-looking statements (within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995). These
forward-looking statements, including timing of the closing of the
transaction, reflect the Company's beliefs and expectations and are subject to
risks and uncertainties. Many of these risks and uncertainties relate to
factors that are beyond the Company's ability to control or estimate
precisely, including the risk factors described in the "Risk Factors" section
in the Company's Annual Report and Form 20-F for the year ended December 31,
2023 filed with the U.S. Securities and Exchange Commission ("SEC") and the
risk factors described in Exhibit 99.2 to the Company's Form 6-K furnished
with the SEC on January 27, 2025. Forward-looking statements speak only as of
their date and neither the Company nor any of its directors, officers,
employees, agents, affiliates or advisers expressly disclaim any obligation to
supplement, amend, update or revise any of the forward-looking statements made
herein, except where it would be required to do so under applicable law. As a
result, you are cautioned not to place undue reliance on such forward-looking
statements.

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