Transaction in Own Shares

Diversified Energy Company PLC

17 October 2023

 

17 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 250,000 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 73.02 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	16 October 2023
Aggregate Number of Ordinary Shares Purchased:	250,000
Lowest Price Paid per Share (pence):	72.45
Highest Price Paid per Share (pence):	73.40
Volume-Weighted Average Price Paid per Share (pence):	73.02

Following the cancellation of Shares, Diversified will have 967,796,699 ordinary shares of 1 pence each in issue and no ordinary shares are held in treasury. This figure of 967,796,699 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:	16 October 2023
Investment firm:	Stifel Nicolaus Europe Limited

Transaction date and time	Number of shares purchased	Transaction price (pence per share)	Trading venue
16 October 2023, 12:03 PM	50,000	73.40	LSE
16 October 2023, 02:01 PM	25,000	73.33	LSE
16 October 2023, 02:52 PM	37,500	72.45	LSE
16 October 2023, 03:25 PM	50,000	72.80	LSE
16 October 2023, 04:09 PM	50,000	73.13	LSE
16 October 2023, 04:19 PM	37,500	73.05	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.

 

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