Change of Corporate Name

RNS Number : 8327X

Diversified Gas & Oil PLC

06 May 2021

 

6 May 2021

 Diversified Energy Company PLC

("Diversified" or the "Company")

Legal Entity Identifier: 213800YR9TFRVHPGOS67

Change of Corporate Name

Diversified Gas and Oil PLC today announces its corporate name change to Diversified Energy Company PLC. The change of name was overwhelmingly approved by shareholders at the 27 April 2021 AGM, and the Company has received final approval from Companies House to effectuate the change.

With the change in corporate name, the Company's Ordinary Shares listed on the London Stock Exchange will begin trading on 7 May 2021 as Diversified Energy Company PLC under the new ticker "DEC". The Company's Legal Entity Identifier and other identification codes remains unchanged, and the Company is issuing no new share certificates in respect of existing Ordinary Shares held in certificated form. Shareholders should retain their existing share certificates which remain valid. The Company's website will become www.div.energy with effect from 7 May 2021 with its current URL ( www.dgoc.com ) automatically redirecting users to the new web address.

The Company is excited about this step in its development with 2021 marking the Company's 20th Anniversary. Accordingly, Diversified plans to tie today's name change to a more comprehensive rebranding in conjunction with its 20th Anniversary celebration in August 2021. The Company will provide additional details of these plans in due course.

Rusty Hutson Jr., CEO commented:

"Together, we have grown Diversified tremendously since our humble beginnings in 2001 that included a small group of wells. Our London IPO and the support of so many loyal stakeholders has afforded us the ability to quickly build upon my original vision of creating a different kind of energy company with a real focus on tangible returns for shareholders. Today, we have a Premium Listing and are one of the leading independent producers on the LSE. Our new name better reflects who we are and our long-standing business and growth strategy underpinned by clean-burning natural gas. Diversified is an important provider of energy to meet US-domestic demand, and we believe natural gas will play a vital role supporting a transition to increased renewable energy in the US and around the world. While our name is changing, our core values remain steadfast - operational excellence, environmental stewardship, positive socioeconomic impact and stakeholder value. We look forward to continuing the great work we've done over the past 20 years as we continue building Diversified together."

For further information, please contact:

Diversified Energy Company PLC	[phone]
Teresa Odom, Vice President, Investor Relations
www.dgoc.com
[e-mail]
Buchanan	[phone]
Financial Public Relations
Ben Romney
Chris Judd
Kelsey Traynor
James Husband
[e-mail]

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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