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Settlement of Warrants

2 Feb 2022 07:00

RNS Number : 4413A
Diversified Energy Company PLC
02 February 2022
 

02 February 2022

 

 

Diversified Energy Company PLC

("Diversified" or the "Company")

 

Settlement of Warrants

 

Diversified Energy Company (LSE:DEC) announces its agreement to cancel 477,105 outstanding warrants for an aggregate principal amount of approximately £195,613 (equivalent USD of approximately $262,685(a)). Such warrants will be surrendered to the Company for cancellation. Following this purchase, 645,529 warrants remain outstanding.

 

This notification complies with LR 12.5.2R in relation to the cancellation of the warrants.

 

Footnotes:

(a)

Currency conversion performed using an exchange rate of GBP:USD 1:1.34288.

 

For further information, please contact:

Diversified Energy Company PLC

+1 205 408 0909

Jim Sheehan

www.div.energy

ir@dgoc.com

Buchanan

+44 20 7466 5000

Financial Public Relations

Ben Romney

Chris Judd

Jon Krinks

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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