Transaction in Own Shares

RNS Number : 9439D

Diversified Energy Company PLC

25 October 2022

 

25 October 2022

 Diversified Energy Company PLC

("Diversified" or the "Company")

Transaction in Own Shares

Diversified Energy Company PLC (LSE:DEC) announces that, in accordance with the terms of its share buyback programme announced on 27 September 2022, the Company has purchased 475,000 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 128.05 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	24 October 2022
Aggregate Number of Ordinary Shares Purchased:	475,000
Lowest Price Paid per Share (pence):	126.40
Highest Price Paid per Share (pence):	128.50
Volume-Weighted Average Price Paid per Share (pence):	128.05

Following the cancellation of Shares, Diversified will have 844,346,521 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. This figure of 844,346,521 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 Stifel as part of the buyback programme.

Schedule of Purchases

Shares purchased:	Diversified Energy Company plc (ISIN: GB00BYX7JT74)
Dates of purchases:	24 October 2022
Investment firm:	Stifel Nicolaus Europe Limited

Transaction date and time	Number of shares purchased	Transaction price (pence per share)	Trading venue
24 October 2022, 08:24 AM	10,900	126.40	LSE
24 October 2022, 08:24 AM	26	126.40	LSE
24 October 2022, 08:24 AM	7,954	126.40	LSE
24 October 2022, 08:24 AM	954	126.40	LSE
24 October 2022, 08:24 AM	1,954	126.40	LSE
24 October 2022, 08:24 AM	782	126.40	LSE
24 October 2022, 10:28 AM	2,430	127.00	LSE
24 October 2022, 10:43 AM	5,000	127.00	LSE
24 October 2022, 10:43 AM	616	127.00	LSE
24 October 2022, 10:50 AM	2,876	127.00	LSE
24 October 2022, 10:50 AM	1,508	127.00	LSE
24 October 2022, 12:13 PM	200,000	128.10	LSE
24 October 2022, 03:05 PM	100,000	128.50	LSE
24 October 2022, 03:28 PM	547	128.00	LSE
24 October 2022, 04:29 PM	1,283	128.20	LSE
24 October 2022, 04:35 PM	2,830	128.00	LSE
24 October 2022, 04:35 PM	6,861	128.00	LSE
24 October 2022, 04:35 PM	3,720	128.00	LSE
24 October 2022, 04:35 PM	4,678	128.00	LSE
24 October 2022, 04:35 PM	319	128.00	LSE
24 October 2022, 04:35 PM	5,174	128.00	LSE
24 October 2022, 04:35 PM	2,891	128.00	LSE
24 October 2022, 04:35 PM	14,623	128.00	LSE
24 October 2022, 04:35 PM	1,096	128.00	LSE
24 October 2022, 04:35 PM	17,261	128.00	LSE
24 October 2022, 04:35 PM	4,388	128.00	LSE
24 October 2022, 04:35 PM	10,671	128.00	LSE
24 October 2022, 04:35 PM	4,011	128.00	LSE
24 October 2022, 04:35 PM	20,194	128.00	LSE
24 October 2022, 04:36 PM	39,453	128.00	LSE

For further information please contact:

Diversified Energy Company PLC	[phone]
Doug Kris	dkris @dgoc.com
www.div.energy
FTI Consulting	[e-mail]
US & UK Financial Public Relations

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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