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1,060.00    30.00 (2.91%)
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Spread: 8.00 (0.759%)
Market Cap: £766.63m
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Response to Erroneous Research Note

2 Jul 2021 15:12

RNS Number : 0625E
Diversified Energy Company PLC
02 July 2021
 

2 July 2021

 

 Diversified Energy Company PLC

(the "Company")

Response to Erroneous Research Note

 

Diversified Energy Company PLC (LSE: DEC) is aware of the research note published this morning by an equity research house referring to an acquisition within the United States. The research house published its note in error. Consistent with the Company's established business model, the Company routinely engages in discussions with others regarding potential acquisitions within its target regions. Such potential acquisitions are subject to a number of contingencies including entry into preliminary agreements, satisfactory completion of due diligence, receipt of required third-party consents, the availability of appropriate financing, market conditions and entry into final binding agreements. Unless and until any transaction is concluded there can be no certainty that a transaction will occur or on what terms.

 

In accordance with its regulatory obligations, the Company will as required make further announcements in relation to potential transactions it is considering.

 

For further information, please contact:

 

Diversified Energy Company PLC

+1 205 408 0909

Teresa Odom

www.div.energy

ir@dgoc.com

Buchanan

+44 20 7466 5000

Financial Public Relations

Ben Romney

Chris Judd

Kelsey Traynor

James Husband

dec@buchanan.uk.com

 

About Diversified Energy Company PLC

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

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