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RNS Number : 2535Y Diversified Energy Company PLC 24 February 2025
February 24, 2025
Diversified Energy Company plc
("Diversified" or the "Company")
Admission of Shares and Total Voting Rights
Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) ("Diversified" or the
"Company"), announces that, further to the Company's announcements on 20
February 2025 in relation to the pricing of 8,500,000 new ordinary shares in
the capital of the Company (the "Shares") and the publication of a prospectus
approved by the Financial Conduct Authority (the "FCA") (the "Prospectus"),
admission of the Shares to listing on the equity shares (commercial companies)
category of the Official List of the FCA and to trading on the main market of
the London Stock Exchange plc ("Admission") became effective at 08:00 a.m.
(London time) on 24 February 2025.
Total Voting Rights
For the purposes of the FCA's Disclosure Guidance and Transparency Rules,
following Admission, the total number of ordinary shares of 20p each in the
capital of the Company in issue as at 24 February 2025 is 59,795,942 with each
ordinary share carrying the right to one vote. There are no ordinary shares
held in treasury and therefore the total number of voting rights in the
Company as at 24 February 2025 is 59,795,942.
The above figure may be used by shareholders in the Company 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 share capital
of the Company under the FCA's Disclosure Guidance and Transparency Rules.
CONTACTS
Diversified Energy Company PLC +1 973 856 2757
Doug Kris dkris@dgoc.com
Senior Vice President, Investor Relations & Corporate Communications
FTI Consulting dec@fticonsulting.com
U.S. & UK Financial Media 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 press release includes forward-looking statements. Forward-looking
statements are sometimes identified by the use of forward-looking terminology
such as "believe", "expects", "targets", "may", "will", "could", "should",
"shall", "risk", "intends", "estimates", "aims", "plans", "predicts",
"continues", "assumes", "projects", "positioned" or "anticipates" or the
negative thereof, other variations thereon or comparable terminology. These
forward-looking statements include all matters that are not historical facts.
They appear in a number of places throughout this announcement and include
statements regarding the intentions, beliefs or current expectations of
management or the Company concerning, among other things, expectations
regarding the completion of the proposed securities offering. These
forward-looking statements involve known and unknown risks and uncertainties,
many of which are beyond the Company's control and all of which are based on
management's current beliefs and expectations about future events, including
market conditions, failure of customary closing conditions and the risk
factors and other matters set forth in the Company's filings with the SEC and
other important factors that could cause actual results to differ materially
from those projected.
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