Vesting of Restricted Stock Units

RNS Number : 3487U

Diversified Energy Company PLC

02 December 2021

 

2 December 2021

Diversified Energy Company PLC

("Diversified" or the "Company")

Vesting of Restricted Stock Units

Diversified Energy (LSE: DEC) announced today the vesting of 75,000 Restricted Stock Units ("RSUs") issued from its equity incentive plan (the "Plan") to a senior member of Diversified's operations management team. Subsequently, the Company has issued and allotted an aggregate of 51,972 new ordinary shares of 1 pence each in the Company (the "New Shares") (net of withholding tax). 

Diversified has applied for the New Shares to be admitted to the Premium Listing Segment of the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange PLC, and expects admission on or around 8 December 2021. The New Shares will rank pari passu in all respects with the Company's existing ordinary shares of 1 pence each ("Ordinary Shares").

Including the New Shares, Diversified has 849,654,653 Ordinary Shares in issue and holds no Ordinary Shares in treasury. Shareholders may use 849,654,653 as the denominator in calculations to determine if they must notify the Company of their interest in, or a change to their invested interest under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Diversified Energy Company PLC	[phone]
Jim Sheehan
www.div.energy
[e-mail]
Buchanan	[phone]
Financial Public Relations
Ben Romney
Chris Judd
Jon Krinks
James Husband
[e-mail]

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.

# # #

 

END

 

 

IOEDKBBNABDKOBK