REG - Diversified Energy - Director/PDMR Shareholding

Diversified EnergyAnnouncement

25/09/2024 07:00

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RNS Number : 5216F  Diversified Energy Company PLC  25 September 2024

9/25/2024

 

 Diversified Energy Company PLC

(the "Company")

 

Director/PDMR Shareholdings

 

Diversified Energy Company PLC (LSE: DEC) announces that on September 24,
2024, members of the Company's Board of Director's (the "Board") and Persons
Discharging Material Responsibility ("PDMR") transacted in ordinary shares of
20p each in the Company ("Ordinary Shares").

 

Members of the Board transacting in Ordinary Shares included:

•     Rusty Hutson, Jr, CEO and Executive Director

•     Bradley G. Gray, CFO and President

•     Sandra M. Stash, Independent Non-Executive Director

•     David J. Turner, Jr., Independent Non-Executive Director

 

Details of the Board member and PDMR transactions in Ordinary Shares and the
resulting positions in the Ordinary Shares of the Company are as follows:

 

 Name                  Activity   Activity  Number      Trading Venue  Average

                       Date       Type      of shares                  Price
 Rusty Hutson, Jr      9/24/2024  Buy       7,500       NYSE           $11.280
 Bradley G. Gray       9/24/2024  Buy       3,000       NYSE           $11.232
 Sandra M. Stash       9/24/2024  Buy       1,040       NYSE           $11.253
 David J. Turner, Jr.  9/24/2024  Buy       4,400       NYSE           $11.277

 

Following the transactions, the total interest and per cent of the Company's
total issued share capital ("ISC") of the aforesaid Board members and PDMRs
may be found in the table below:

 

 Name                  Total Shareholdings  % of ISC
 Rusty Hutson, Jr      1,234,134            2.516%
 Bradley G. Gray       29,923               0.338%
 Sandra M. Stash       4,092                0.008%
 David J. Turner, Jr.  33,087               0.067%

 

 

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.

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 

 

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Rusty Hutson, Jr
 2   Reason for the notification
 a)  Position/status                                              CEO and Executive Director
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Diversified Energy Company PLC
 b)  LEI                                                          213800YR9TFRVHPGOS67
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of 20 pence each
     Identification code                                          GB00BQHP5P93
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
                                                                  a) $11.270                   a) 300

                                                                  b) $11.280                   b) 7,200
 d)  Aggregated information
     Aggregated volume                                            7,500
     Price                                                        $11.280
 e)  Date of the transaction                                      9/24/2024
 f)  Place of the transaction                                     New York Stock Exchange (XNYS)

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Bradley G. Gray
 2   Reason for the notification
 a)  Position/status                                              CFO and President
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Diversified Energy Company PLC
 b)  LEI                                                          213800YR9TFRVHPGOS67
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of 20 pence each
     Identification code                                          GB00BQHP5P93
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
                                                                  a) $11.225                   a) 200

                                                                  b) $11.230                   b) 2,467

                                                                  c) $11.250                   c) 333
 d)  Aggregated information
     Aggregated volume                                            3,000
     Price                                                        $11.232
 e)  Date of the transaction                                      9/24/2024
 f)  Place of the transaction                                     New York Stock Exchange (XNYS)

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Sandra M. Stash
 2   Reason for the notification
 a)  Position/status                                              Independent Non-Executive Director
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Diversified Energy Company PLC
 b)  LEI                                                          213800YR9TFRVHPGOS67
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of 20 pence each
     Identification code                                          GB00BQHP5P93
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
                                                                  a) $11.250                   a) 766

                                                                  b) $11.260                   b) 274
 d)  Aggregated information
     Aggregated volume                                            1,040
     Price                                                        $11.253
 e)  Date of the transaction                                      9/24/2024
 f)  Place of the transaction                                     New York Stock Exchange (XNYS)

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David J. Turner, Jr.
 2   Reason for the notification
 a)  Position/status                                              Independent Non-Executive Director
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Diversified Energy Company PLC
 b)  LEI                                                          213800YR9TFRVHPGOS67
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of 20 pence each
     Identification code                                          GB00BQHP5P93
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
                                                                  a) $11.270                   a) 1,460

                                                                  b) $11.280                   b) 2,940
 d)  Aggregated information
     Aggregated volume                                            4,400
     Price                                                        $11.277
 e)  Date of the transaction                                      9/24/2024
 f)  Place of the transaction                                     New York Stock Exchange (XNYS)

 

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