Transaction in Own Shares

RNS Number : 1686D
Diversified Energy Company PLC
18 October 2022
 

18 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 17,598 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 129.00 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

 

Aggregated Information

 

Date of Purchase:

17 October 2022

Aggregate Number of Ordinary Shares Purchased:

17,598

Lowest Price Paid per Share (pence):

129.00

Highest Price Paid per Share (pence):

129.00

Volume-Weighted Average Price Paid per Share (pence):

129.00

 

Following the cancellation of Shares, Diversified will have 847,571,521 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. This figure of 847,571,521 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:

17 October 2022

Investment firm:

Stifel Nicolaus Europe Limited

 

Transaction date and time

Number of shares purchased

Transaction price

(pence per share)

Trading venue

17 October 2022, 09:48 AM

2,910

129.00

LSE

17 October 2022, 09:48 AM

1,890

129.00

LSE

17 October 2022, 09:48 AM

8,980

129.00

LSE

17 October 2022, 09:48 AM

1,220

129.00

LSE

17 October 2022, 09:48 AM

2,079

129.00

LSE

17 October 2022, 09:56 AM

519

129.00

LSE

 

 

 

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 and transportation of primarily natural gas related to its synergistic US onshore upstream and midstream assets.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSFFEFMWEESEIS
UK 100