REG - Diversified Energy - Transaction in Own Shares

Diversified EnergyAnnouncement

31/01/2024 07:15

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RNS Number : 4400B  Diversified Energy Company PLC  31 January 2024

31 January 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 June 27,
2023, the Company has purchased 12,000 ordinary shares of 20 pence each in the
capital of the Company (the "Shares") in the market at a volume weighted
average price of 929.58 pence per Share through Stifel Nicolaus Europe Limited
("Stifel"). The Shares acquired will, in due course, be cancelled.

 

Aggregated Information

 

 Date of Purchase:                                      January 30, 2024
 Aggregate Number of Ordinary Shares Purchased:         12,000
 Lowest Price Paid per Share (pence):                   924.00
 Highest Price Paid per Share (pence):                  932.50
 Volume-Weighted Average Price Paid per Share (pence):  929.58

 

Following the cancellation of Shares, Diversified will have 47,776,726
ordinary shares of 20 pence each in issue and no ordinary shares are held in
treasury. This figure of 47,776,726 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:  30 January 2024
 Investment firm:     Stifel Nicolaus Europe Limited

 

 Transaction date and time  Number of shares purchased  Transaction price (pence per share)  Trading venue
 30 January 2024, 03:54 PM  620                         925.00                               LSE
 30 January 2024, 03:55 PM  500                         924.00                               LSE
 30 January 2024, 04:07 PM  40                          929.50                               LSE
 30 January 2024, 04:07 PM  472                         929.50                               LSE
 30 January 2024, 04:07 PM  368                         929.50                               LSE
 30 January 2024, 04:13 PM  1,000                       930.00                               LSE
 30 January 2024, 04:23 PM  100                         932.50                               LSE
 30 January 2024, 04:23 PM  125                         932.50                               LSE
 30 January 2024, 04:23 PM  125                         932.50                               LSE
 30 January 2024, 04:23 PM  250                         932.50                               LSE
 30 January 2024, 04:25 PM  545                         930.00                               LSE
 30 January 2024, 04:25 PM  1,250                       930.00                               LSE
 30 January 2024, 04:25 PM  149                         930.00                               LSE
 30 January 2024, 04:25 PM  56                          930.00                               LSE
 30 January 2024, 04:25 PM  136                         930.00                               LSE
 30 January 2024, 04:25 PM  364                         930.00                               LSE
 30 January 2024, 04:25 PM  276                         930.00                               LSE
 30 January 2024, 04:25 PM  9                           930.00                               LSE
 30 January 2024, 04:25 PM  172                         930.00                               LSE
 30 January 2024, 04:25 PM  343                         930.00                               LSE
 30 January 2024, 04:26 PM  290                         930.00                               LSE
 30 January 2024, 04:26 PM  237                         930.00                               LSE
 30 January 2024, 04:26 PM  359                         930.00                               LSE
 30 January 2024, 04:26 PM  114                         930.00                               LSE
 30 January 2024, 04:26 PM  1,300                       930.00                               LSE
 30 January 2024, 04:26 PM  2,000                       930.00                               LSE
 30 January 2024, 04:27 PM  199                         930.00                               LSE
 30 January 2024, 04:27 PM  276                         930.00                               LSE
 30 January 2024, 04:27 PM  325                         930.00                               LSE

 

 

 Diversified Energy Company PLC                                                                                                     +1 973 856 2757
 Doug Kris                                                                                                                          dkris@dgoc.com (mailto:ir@dgoc.com)
 www.div.energy (file:///C%3A/Users/Vangelatoun/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/CPJE2G12/www.div.energy)

 FTI Consulting                                                                                                                     DEC@fticonsulting.com (mailto:dec@fticonsulting.com)
 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.

 

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