Transaction in Own Shares

Diversified Energy Company PLC

19 February 2024

 

19 February 2024

 Diversified Energy Company PLC

("Diversified" or the "Company")

Transaction in Own Shares

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) announces that, in accordance with the terms of its share buyback programme announced on 27 June 2023, the Company has purchased 40,000 ordinary shares of 20 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 929.97 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.

Aggregated Information

Date of Purchase:	16 February 2024
Aggregate Number of Ordinary Shares Purchased:	40,000
Lowest Price Paid per Share (pence):	927.00
Highest Price Paid per Share (pence):	934.00
Volume-Weighted Average Price Paid per Share (pence):	929.97

Following the cancellation of Shares, Diversified will have 47,576,226 ordinary shares of 20 pence each in issue and no ordinary shares are held in treasury. This figure of 47,576,226 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: GB00BQHP5P93)
Dates of purchases:	16 February 2024
Investment firm:	Stifel Nicolaus Europe Limited

Transaction date and time	Number of shares purchased	Transaction price (pence per share)	Trading venue
16 February 2024, 02:17 PM	216	928.00	LSE
16 February 2024, 02:17 PM	690	928.00	LSE
16 February 2024, 02:17 PM	94	928.00	LSE
16 February 2024, 02:18 PM	65	927.00	LSE
16 February 2024, 02:27 PM	2	929.00	LSE
16 February 2024, 02:27 PM	522	929.00	LSE
16 February 2024, 02:27 PM	411	929.00	LSE
16 February 2024, 02:31 PM	417	929.00	LSE
16 February 2024, 02:31 PM	583	929.00	LSE
16 February 2024, 02:43 PM	670	929.00	LSE
16 February 2024, 02:43 PM	330	929.00	LSE
16 February 2024, 02:48 PM	441	929.00	LSE
16 February 2024, 02:48 PM	225	929.00	LSE
16 February 2024, 02:48 PM	834	929.00	LSE
16 February 2024, 03:23 PM	1,500	932.00	LSE
16 February 2024, 03:24 PM	330	930.00	LSE
16 February 2024, 03:24 PM	66	930.00	LSE
16 February 2024, 03:24 PM	29	930.00	LSE
16 February 2024, 03:24 PM	75	930.00	LSE
16 February 2024, 03:24 PM	1,000	930.00	LSE
16 February 2024, 03:24 PM	20	929.50	LSE
16 February 2024, 03:24 PM	712	929.50	LSE
16 February 2024, 03:24 PM	768	929.50	LSE
16 February 2024, 03:31 PM	237	929.00	LSE
16 February 2024, 03:31 PM	1,263	929.00	LSE
16 February 2024, 03:41 PM	1,500	929.00	LSE
16 February 2024, 03:42 PM	500	928.00	LSE
16 February 2024, 03:49 PM	200	928.00	LSE
16 February 2024, 03:49 PM	205	928.00	LSE
16 February 2024, 03:49 PM	937	928.00	LSE
16 February 2024, 03:49 PM	158	928.00	LSE
16 February 2024, 04:11 PM	356	930.00	LSE
16 February 2024, 04:11 PM	1,144	930.00	LSE
16 February 2024, 04:12 PM	357	930.00	LSE
16 February 2024, 04:12 PM	1,643	930.00	LSE
16 February 2024, 04:14 PM	235	930.00	LSE
16 February 2024, 04:14 PM	1,265	930.00	LSE
16 February 2024, 04:14 PM	22	930.00	LSE
16 February 2024, 04:14 PM	310	930.00	LSE
16 February 2024, 04:14 PM	1	930.00	LSE
16 February 2024, 04:14 PM	4,667	930.00	LSE
16 February 2024, 04:15 PM	333	930.00	LSE
16 February 2024, 04:15 PM	4,667	930.00	LSE
16 February 2024, 04:17 PM	304	930.00	LSE
16 February 2024, 04:17 PM	1,696	930.00	LSE
16 February 2024, 04:17 PM	344	930.00	LSE
16 February 2024, 04:17 PM	1,656	930.00	LSE
16 February 2024, 04:19 PM	457	930.00	LSE
16 February 2024, 04:21 PM	70	934.00	LSE
16 February 2024, 04:21 PM	189	934.00	LSE
16 February 2024, 04:21 PM	150	934.00	LSE
16 February 2024, 04:21 PM	300	934.00	LSE
16 February 2024, 04:21 PM	75	934.00	LSE
16 February 2024, 04:21 PM	150	934.00	LSE
16 February 2024, 04:21 PM	150	934.00	LSE
16 February 2024, 04:21 PM	75	934.00	LSE
16 February 2024, 04:21 PM	71	934.00	LSE
16 February 2024, 04:21 PM	75	934.00	LSE
16 February 2024, 04:21 PM	48	934.00	LSE
16 February 2024, 04:27 PM	190	934.00	LSE
16 February 2024, 04:27 PM	35	934.00	LSE
16 February 2024, 04:27 PM	152	934.00	LSE
16 February 2024, 04:27 PM	75	934.00	LSE
16 February 2024, 04:27 PM	75	934.00	LSE
16 February 2024, 04:27 PM	300	934.00	LSE
16 February 2024, 04:27 PM	75	934.00	LSE
16 February 2024, 04:27 PM	75	934.00	LSE
16 February 2024, 04:27 PM	75	934.00	LSE
16 February 2024, 04:27 PM	138	934.00	LSE
16 February 2024, 04:29 PM	3,000	930.00	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 is a leading independent energy company focused on producing, marketing, transporting, and retiring primarily natural gas and liquids assets. Our differentiated strategy provides the solution for existing long-life assets that have become non-core to traditional exploration companies. We acquire and then invest in each asset to improve environmental and production performance and ultimately retire the wells in a safe and environmentally secure process. This stewardship approach makes us the Right Company at the Right Time, enabling us to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

 

END