Transaction in Own Shares

RNS Number : 0974E

Diversified Energy Company PLC

26 October 2022

 

26 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 559,266 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:	25 October 2022
Aggregate Number of Ordinary Shares Purchased:	559,266
Lowest Price Paid per Share (pence):	127.20
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 843,787,255 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. This figure of 843,787,255 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:	25 October 2022
Investment firm:	Stifel Nicolaus Europe Limited

Transaction date and time	Number of shares purchased	Transaction price (pence per share)	Trading venue
25 October 2022, 09:43 AM	250,000	128.20	LSE
25 October 2022, 11:42 AM	50,000	127.20	LSE
25 October 2022, 01:57 PM	46	127.50	LSE
25 October 2022, 01:57 PM	2,000	127.50	LSE
25 October 2022, 01:57 PM	2,954	127.50	LSE
25 October 2022, 02:00 PM	54,234	127.60	LSE
25 October 2022, 02:34 PM	1,408	127.50	LSE
25 October 2022, 02:41 PM	1,009	127.50	LSE
25 October 2022, 02:42 PM	2,583	127.50	LSE
25 October 2022, 02:43 PM	3,389	127.50	LSE
25 October 2022, 02:43 PM	300	127.50	LSE
25 October 2022, 02:43 PM	1,000	127.50	LSE
25 October 2022, 02:43 PM	311	127.50	LSE
25 October 2022, 02:43 PM	1,164	127.50	LSE
25 October 2022, 02:43 PM	1,918	127.50	LSE
25 October 2022, 02:43 PM	1,918	127.50	LSE
25 October 2022, 02:43 PM	206	127.50	LSE
25 October 2022, 02:43 PM	1,947	127.50	LSE
25 October 2022, 02:43 PM	1,947	127.50	LSE
25 October 2022, 02:43 PM	900	127.50	LSE
25 October 2022, 02:43 PM	1,498	127.50	LSE
25 October 2022, 02:43 PM	1,924	127.50	LSE
25 October 2022, 02:43 PM	3,076	127.50	LSE
25 October 2022, 02:43 PM	1,835	127.50	LSE
25 October 2022, 02:43 PM	1,667	127.50	LSE
25 October 2022, 02:44 PM	1,780	127.50	LSE
25 October 2022, 02:44 PM	977	127.50	LSE
25 October 2022, 02:44 PM	977	127.50	LSE
25 October 2022, 02:44 PM	977	127.50	LSE
25 October 2022, 02:44 PM	289	127.50	LSE
25 October 2022, 02:44 PM	4,238	127.50	LSE
25 October 2022, 02:44 PM	762	127.50	LSE
25 October 2022, 02:45 PM	3,664	127.50	LSE
25 October 2022, 02:45 PM	1,336	127.50	LSE
25 October 2022, 04:03 PM	4,880	128.10	LSE
25 October 2022, 04:03 PM	120	128.10	LSE
25 October 2022, 04:03 PM	5,000	128.10	LSE
25 October 2022, 04:03 PM	1,665	128.10	LSE
25 October 2022, 04:03 PM	670	128.10	LSE
25 October 2022, 04:04 PM	327	128.10	LSE
25 October 2022, 04:05 PM	2,338	128.10	LSE
25 October 2022, 04:20 PM	41,446	128.50	LSE
25 October 2022, 04:28 PM	4,154	128.40	LSE
25 October 2022, 04:28 PM	6,434	128.40	LSE
25 October 2022, 04:28 PM	3,918	128.40	LSE
25 October 2022, 04:28 PM	549	128.40	LSE
25 October 2022, 04:28 PM	1,000	128.40	LSE
25 October 2022, 04:28 PM	1,000	128.40	LSE
25 October 2022, 04:28 PM	519	128.40	LSE
25 October 2022, 04:28 PM	1,000	128.40	LSE
25 October 2022, 04:28 PM	1,000	128.40	LSE
25 October 2022, 04:28 PM	4,000	128.40	LSE
25 October 2022, 04:28 PM	1,000	128.40	LSE
25 October 2022, 04:28 PM	3,000	128.40	LSE
25 October 2022, 04:28 PM	4,300	128.40	LSE
25 October 2022, 04:28 PM	13,387	128.40	LSE
25 October 2022, 04:28 PM	3,293	128.40	LSE
25 October 2022, 04:28 PM	50,000	128.50	LSE
25 October 2022, 04:29 PM	32	128.20	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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