Transaction in Own Shares

Diversified Energy Company PLC

31 May 2023

 

31 May 2023

 Diversified Energy Company PLC

("Diversified" or the "Company")

Transaction in Own Shares

Diversified Energy Company PLC (LSE:DEC) announces that the Company has purchased 100,000 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 83.90 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	30 May 2023
Aggregate Number of Ordinary Shares Purchased:	100,000
Lowest Price Paid per Share (pence):	83.85
Highest Price Paid per Share (pence):	84.00
Volume-Weighted Average Price Paid per Share (pence):	83.90

Following the cancellation of Shares, Diversified will have 971,309,753 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. This figure of 971,309,753 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:	30 May 2023
Investment firm:	Stifel Nicolaus Europe Limited

Transaction date and time	Number of shares purchased	Transaction price (pence per share)	Trading venue
30 May 2023, 03:40 PM	2,500	83.98	LSE
30 May 2023, 03:40 PM	2,500	83.98	LSE
30 May 2023, 03:40 PM	201	84.00	LSE
30 May 2023, 03:40 PM	4,799	84.00	LSE
30 May 2023, 03:40 PM	4,800	84.00	LSE
30 May 2023, 03:40 PM	130	84.00	LSE
30 May 2023, 03:40 PM	70	84.00	LSE
30 May 2023, 03:40 PM	5,000	84.00	LSE
30 May 2023, 03:40 PM	5,000	84.00	LSE
30 May 2023, 03:47 PM	25,000	83.90	LSE
30 May 2023, 04:35 PM	14,959	83.85	LSE
30 May 2023, 04:35 PM	5,371	83.85	LSE
30 May 2023, 04:35 PM	480	83.85	LSE
30 May 2023, 04:35 PM	2,300	83.85	LSE
30 May 2023, 04:35 PM	634	83.85	LSE
30 May 2023, 04:35 PM	2,824	83.85	LSE
30 May 2023, 04:35 PM	23,432	83.85	LSE

For further information please contact:

Diversified Energy Company PLC	[phone]
Doug Kris	[e-mail]
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, transportation and retirement of primarily natural gas related to its US onshore upstream and midstream assets.

Inside Information

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) no. 596/2014 ("MAR") (as in force in the UK and as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019). On the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

 

END