Director/PDMR Shareholding

Diversified Energy Company PLC
01 June 2023
 

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)

 

 

 

 

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