Transaction in Own Shares

Diversified Energy Company PLC

04 October 2023

 

04 October 2023

 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 June 2023, the Company has purchased 350,000 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 74.22 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	3 October 2023
Aggregate Number of Ordinary Shares Purchased:	350,000
Lowest Price Paid per Share (pence):	72.10
Highest Price Paid per Share (pence):	77.30
Volume-Weighted Average Price Paid per Share (pence):	74.22

Following the cancellation of Shares, Diversified will have 969,246,699 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. This figure of 969,246,699 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:	3 October 2023
Investment firm:	Stifel Nicolaus Europe Limited

Transaction date and time	Number of shares purchased	Transaction price (pence per share)	Trading venue
3 October 2023, 08:44 AM	30,000	77.30	LSE
3 October 2023, 10:13 AM	30,000	77.15	LSE
3 October 2023, 11:48 AM	30,000	75.00	LSE
3 October 2023, 12:18 PM	1,711	74.50	LSE
3 October 2023, 12:18 PM	6,844	74.50	LSE
3 October 2023, 12:18 PM	4,007	74.50	LSE
3 October 2023, 12:18 PM	1,711	74.50	LSE
3 October 2023, 12:18 PM	727	74.50	LSE
3 October 2023, 12:30 PM	40,000	75.20	LSE
3 October 2023, 01:31 PM	35,000	74.75	LSE
3 October 2023, 02:48 PM	50,000	73.60	LSE
3 October 2023, 03:32 PM	13,998	72.40	LSE
3 October 2023, 03:32 PM	1,711	72.45	LSE
3 October 2023, 03:32 PM	2,857	72.45	LSE
3 October 2023, 03:32 PM	800	72.45	LSE
3 October 2023, 03:32 PM	3,533	72.45	LSE
3 October 2023, 03:32 PM	1,600	72.45	LSE
3 October 2023, 03:32 PM	1,711	72.45	LSE
3 October 2023, 03:32 PM	1,590	72.45	LSE
3 October 2023, 03:32 PM	800	72.45	LSE
3 October 2023, 03:32 PM	2,400	72.45	LSE
3 October 2023, 03:32 PM	274	72.45	LSE
3 October 2023, 03:32 PM	343	72.45	LSE
3 October 2023, 03:32 PM	1,851	72.45	LSE
3 October 2023, 03:32 PM	1,532	72.45	LSE
3 October 2023, 03:46 PM	868	72.50	LSE
3 October 2023, 03:46 PM	843	72.50	LSE
3 October 2023, 03:46 PM	721	72.50	LSE
3 October 2023, 03:46 PM	177	72.50	LSE
3 October 2023, 03:46 PM	10,156	72.50	LSE
3 October 2023, 03:46 PM	813	72.50	LSE
3 October 2023, 03:46 PM	1,422	72.50	LSE
3 October 2023, 04:04 PM	50,000	72.10	LSE
3 October 2023, 04:14 PM	20,000	72.25	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.

 

END