Transaction in Own Shares

Diversified Energy Company PLC
27 October 2023
 

27 October 2023

 

 Diversified Energy Company PLC

("Diversified" or the "Company")

 

Transaction in Own Shares

 

Diversified Energy Company PLC (LSE:DEC) announces that, in accordance with the terms of its share buyback programme announced on 27 June 2023, the Company has purchased 300,000 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 68.39 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

 

Aggregated Information

 

Date of Purchase:

26 October 2023

Aggregate Number of Ordinary Shares Purchased:

300,000

Lowest Price Paid per Share (pence):

68.25

Highest Price Paid per Share (pence):

68.50

Volume-Weighted Average Price Paid per Share (pence):

68.39

 

Following the cancellation of Shares, Diversified will have 966,946,699 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. This figure of 966,946,699 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 Stifel as part of the buyback programme.

 

 

Schedule of Purchases

 

Shares purchased:

Diversified Energy Company plc (ISIN: GB00BYX7JT74)

Dates of purchases:

26 October 2023

Investment firm:

Stifel Nicolaus Europe Limited

 

 

 

Transaction date and time

Number of shares purchased

Transaction price (pence per share)

Trading venue

26 October 2023, 03:04 PM

100,000

68.30

LSE

26 October 2023, 03:35 PM

50,000

68.25

LSE

26 October 2023, 04:14 PM

150,000

68.50

LSE

 

 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

US & UK Financial Public Relations


 

About Diversified Energy Company PLC

 

Diversified Energy Company PLC is an independent energy company engaged in the production, marketing, transportation, and retirement of primarily natural gas related to its US onshore upstream and midstream assets.

 

Inside Information

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) no. 596/2014 ("MAR") (as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019). On the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

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