Transaction in Own Shares

Diversified Energy Company PLC
01 February 2024
 

1 February 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 12,000 ordinary shares of 20 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 922.30 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

 

Aggregated Information

 

Date of Purchase:

31 January 2024

Aggregate Number of Ordinary Shares Purchased:

12,000

Lowest Price Paid per Share (pence):

916.50

Highest Price Paid per Share (pence):

929.50

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

922.30

 

Following the cancellation of Shares, Diversified will have 47,764,726 ordinary shares of 20 pence each in issue and no ordinary shares are held in treasury. This figure of 47,764,726 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: GB00BQHP5P93)

Dates of purchases:

31 January 2024

Investment firm:

Stifel Nicolaus Europe Limited

 

  

Transaction date and time

Number of shares purchased

Transaction price (pence per share)

Trading venue

31 January 2024, 03:56 PM

156

929.00

LSE

31 January 2024, 03:58 PM

800

929.50

LSE

31 January 2024, 03:58 PM

344

929.00

LSE

31 January 2024, 04:03 PM

600

929.00

LSE

31 January 2024, 04:03 PM

800

929.00

LSE

31 January 2024, 04:04 PM

800

928.00

LSE

31 January 2024, 04:12 PM

125

925.50

LSE

31 January 2024, 04:12 PM

125

925.50

LSE

31 January 2024, 04:12 PM

367

925.50

LSE

31 January 2024, 04:12 PM

39

925.50

LSE

31 January 2024, 04:12 PM

144

925.50

LSE

31 January 2024, 04:19 PM

1,700

923.50

LSE

31 January 2024, 04:25 PM

145

923.50

LSE

31 January 2024, 04:25 PM

855

923.50

LSE

31 January 2024, 04:29 PM

43

920.50

LSE

31 January 2024, 04:29 PM

7

920.50

LSE

31 January 2024, 04:35 PM

3,118

916.50

LSE

31 January 2024, 04:35 PM

187

916.50

LSE

31 January 2024, 04:35 PM

1,645

916.50

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 is a leading independent energy company focused on producing, marketing, transporting, and retiring primarily natural gas and liquids assets. Our differentiated strategy provides the solution for existing long-life assets that have become non-core to traditional exploration companies. We acquire and then invest in each asset to improve environmental and production performance and ultimately retire the wells in a safe and environmentally secure process. This stewardship approach makes us the Right Company at the Right Time, enabling us to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

 

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