Source: GlobeNewswire (MIL-OSI)
Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) announces that on March 18-19, 2025, members of the Company’s Board of Director’s (the “Board”) transacted in ordinary shares of 20p each in the Company (“Ordinary Shares”).
Members of the Board transacting in Ordinary Shares included:
- David Johnson, Non-Executive Chair of the Board
- David J. Turner, Jr., Independent Non-Executive Director
Details of the Board member transactions in Ordinary Shares and the resulting positions in the Ordinary Shares of the Company are as follows:
| Name | Activity Date |
Activity Type |
Number of shares |
Trading Venue |
Average Price |
|
| David Johnson | 3/18/2025 | Buy | 1,250 | LSE | £10.20 | |
| David J. Turner, Jr. | 3/19/2025 | Buy | 15,000 | NYSE | $13.19 | |
Following the transactions, the total interest and per cent of the Company’s total issued share capital (“ISC”) of the aforesaid Board members may be found in the table below:
| Name | Total Shareholdings |
% of ISC | ||
| David Johnson | 25,000 | 0.031% | ||
| David J. Turner, Jr. | 48,087 | 0.059% |
For further information please contact:
| Diversified Energy Company PLC | +1 973 856 2757 |
| Doug Kris | dkris@dgoc.com |
| Senior Vice President, Investor Relations & Corporate Communications | www.div.energy |
| FTI Consulting | dec@fticonsulting.com |
| U.S. & UK Financial Public Relations |
About Diversified Energy Company PLC
Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | David Johnson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-Executive Chair of the Board | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | Diversified Energy Company PLC | |
| b) | LEI | 213800YR9TFRVHPGOS67 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) | Description of the financial instrument, type of instrument |
Ordinary Shares of 20 pence each | |
| Identification code | GB00BQHP5P93 | ||
| b) | Nature of the transaction | Purchase of Ordinary Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £10.20 | 1,250 | ||
| d) | Aggregated information | ||
| Aggregated volume | 1,250 | ||
| Price | £10.20 | ||
| e) | Date of the transaction | March 18, 2025 | |
| f) | Place of the transaction | London Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||
| a) | Name | David J. Turner, Jr. | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Independent Non-Executive Director | ||
| b) | Initial notification/Amendment | Initial notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
| a) | Name | Diversified Energy Company PLC | ||
| b) | LEI | 213800YR9TFRVHPGOS67 | ||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 20 pence each | ||
| Identification code | GB00BQHP5P93 | |||
| b) | Nature of the transaction | Purchase of Ordinary Shares | ||
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) | |
| $13.19 | 15,000 | |||
| d) | Aggregated information | |||
| Aggregated volume | 15,000 | |||
| Price | $13.19 | |||
| e) | Date of the transaction | March 19, 2025 | ||
| f) | Place of the transaction | New York Stock Exchange (XNYS) | ||