Last checked at 17 Apr 2024 07:00
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 1,095 pence per Share through Peel Hunt LLP ("Peel Hunt"). The Shares acquired will, in due course, be cancelled.
Aggregated Information
Date of Purchase: | 16/04/2024 |
Aggregate Number of Ordinary Shares Purchased: | 3,750 |
Lowest Price Paid per Share (pence): | 1,095 |
Highest Price Paid per Share (pence): | 1,095 |
Volume-Weighted Average Price Paid per Share (pence): | 1,095 |
Following the cancellation of Shares, Diversified will have 47,560,929 ordinary shares of 20 pence each in issue and no ordinary shares are held in treasury. This figure of 47,560,929 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: | 16/04/2024 |
Investment firm: | Peel Hunt LLP |
Transaction date and time | Number of shares purchased | Transaction price (pence per share) | Trading venue |
16/04/2024 16:14:06 | 3,750 | 1,095 | 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 |
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FTI Consulting | dec@fticonsulting.com |
U.S. & UK Financial Public Relations |
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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.