RNS Number : 9173L
Diversified Energy Company PLC
25 April 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 1,085 pence per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.

 

Aggregated Information

 

Date of Purchase:

24/04/2024

Aggregate Number of Ordinary Shares Purchased:

3,750

Lowest Price Paid per Share (pence):

1,085

Highest Price Paid per Share (pence):

1,085

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

1,085

 

Following the cancellation of Shares, Diversified will have 47,538,429 ordinary shares of 20 pence each in issue and no ordinary shares are held in treasury. This figure of 47,538,429 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:

24/04/2024

Investment firm:

Peel Hunt LLP

 

Transaction date and time

Number of shares purchased

Transaction price (pence per share)

Trading venue

24/04/2024 15:11:45

3,750

1,085

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 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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