1 June 2023
Diversified Energy Company PLC
(the "Company")
Director/PDMR Shareholdings
Diversified Energy Company PLC (LSE: DEC) announces that on 31 May 2023, Rusty Hutson, Jr, Executive Director, President and Chief Executive Officer, transacted in ordinary shares of 1p each in the Company ("Ordinary Shares").
Mr. Hutson acquired through purchases in the open market 73,049 Ordinary Shares at an average price of 85.59 pence per Ordinary Share. Combined with the share purchases previously announced on 31 May 2023, Mr. Hutson's aggregate purchases in the open market over 30-31 May 2023 represent 250,000 Ordinary Shares at an average price of 84.13 pence per Ordinary Share.
Mr. Hutson is now interested in 24,152,890 Ordinary Shares representing approximately 2.487% of the Company's issued share capital.
For further information, please contact:
Diversified Energy Company PLC |
+1 973 856 2757 |
Doug Kris |
dkris@dgoc.com |
www.div.energy |
|
|
|
FTI Consulting |
DEC@fticonsulting.com |
US & UK Financial Public Relations |
|
About Diversified Energy Company PLC
Diversified Energy Company PLC is an independent energy company engaged in the production, marketing, transportation and retirement of primarily natural gas related to its US onshore upstream and midstream assets.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
a) |
Name |
Rusty Hutson, Jr |
|
2 |
Reason for the notification |
||
a) |
Position/status |
Executive Director, President and Chief Executive Officer |
|
b) |
Initial notification/Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
a) |
Name |
Diversified Energy Company PLC |
|
b) |
LEI |
213800YR9TFRVHPGOS67 |
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
a) |
Description of the financial instrument, type of instrument |
Ordinary Shares of 1 pence each |
|
|
Identification code |
GB00BYX7JT74 |
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares |
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
|
|
£0.8559 |
73,049 |
d) |
Aggregated information |
N/A - Single Transaction |
|
|
Aggregated volume |
N/A - Single Transaction |
|
|
Price |
N/A - Single Transaction |
|
e) |
Date of the transaction |
31 May 2023 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |