REG - Diversified Energy - Transaction in Own Shares

Diversified EnergyAnnouncement

02/08/2024 07:00

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RNS Number : 8615Y  Diversified Energy Company PLC  02 August 2024

 

 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 1,264 pence per Share through Peel Hunt LLP ("Peel Hunt").
The Shares acquired will, in due course, be cancelled.

 

Aggregated Information

 

 Date of Purchase:                                      01/08/2024
 Aggregate Number of Ordinary Shares Purchased:         3,750
 Lowest Price Paid per Share (pence):                   1,264
 Highest Price Paid per Share (pence):                  1,264
 Volume-Weighted Average Price Paid per Share (pence):  1,264

 

Following the cancellation of Shares, Diversified will have 47,226,429
ordinary shares of 20 pence each in issue and no ordinary shares are held in
treasury. This figure of 47,226,429 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:  01/08/2024
 Investment firm:     Peel Hunt LLP

 

 Transaction date and time  Number of shares purchased  Transaction price (pence per share)  Trading venue
 01/08/2024 12:43:05        3,750                       1,264                                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 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.

 

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