9/25/2024
Diversified Energy Company PLC
(the "Company")
Director/PDMR Shareholdings
Diversified Energy Company PLC (LSE: DEC) announces that on September 24, 2024, members of the Company's Board of Director's (the "Board") and Persons Discharging Material Responsibility ("PDMR") transacted in ordinary shares of 20p each in the Company ("Ordinary Shares").
Members of the Board transacting in Ordinary Shares included:
• Rusty Hutson, Jr, CEO and Executive Director
• Bradley G. Gray, CFO and President
• Sandra M. Stash, Independent Non-Executive Director
• David J. Turner, Jr., Independent Non-Executive Director
Details of the Board member and PDMR 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 |
| Rusty Hutson, Jr | 9/24/2024 | Buy | 7,500 | NYSE | $11.280 |
| Bradley G. Gray | 9/24/2024 | Buy | 3,000 | NYSE | $11.232 |
| Sandra M. Stash | 9/24/2024 | Buy | 1,040 | NYSE | $11.253 |
| David J. Turner, Jr. | 9/24/2024 | Buy | 4,400 | NYSE | $11.277 |
Following the transactions, the total interest and per cent of the Company's total issued share capital ("ISC") of the aforesaid Board members and PDMRs may be found in the table below:
| Name | Total Shareholdings | % of ISC |
| Rusty Hutson, Jr | 1,234,134 | 2.516% |
| Bradley G. Gray | 29,923 | 0.338% |
| Sandra M. Stash | 4,092 | 0.008% |
| David J. Turner, Jr. | 33,087 | 0.067% |
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 |
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| FTI Consulting | dec@fticonsulting.com |
| U.S. & UK Financial Public Relations |
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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 | Rusty Hutson, Jr | |
| 2 | Reason for the notification | ||
| a) | Position/status | CEO and 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) |
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| a) $11.270 b) $11.280 | a) 300 b) 7,200 |
| d) | Aggregated information |
| |
|
| Aggregated volume | 7,500 | |
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| Price | $11.280 | |
| e) | Date of the transaction | 9/24/2024 | |
| f) | Place of the transaction | New York Stock Exchange (XNYS) | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Bradley G. Gray | |
| 2 | Reason for the notification | ||
| a) | Position/status | CFO and President | |
| 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) |
|
|
| a) $11.225 b) $11.230 c) $11.250 | a) 200 b) 2,467 c) 333 |
| d) | Aggregated information |
| |
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| Aggregated volume | 3,000 | |
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| Price | $11.232 | |
| e) | Date of the transaction | 9/24/2024 | |
| f) | Place of the transaction | New York Stock Exchange (XNYS) | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Sandra M. Stash | |
| 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) |
|
|
| a) $11.250 b) $11.260 | a) 766 b) 274 |
| d) | Aggregated information |
| |
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| Aggregated volume | 1,040 | |
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| Price | $11.253 | |
| e) | Date of the transaction | 9/24/2024 | |
| f) | Place of the transaction | New York Stock Exchange (XNYS) | |
| 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) |
|
|
| a) $11.270 b) $11.280 | a) 1,460 b) 2,940 |
| d) | Aggregated information |
| |
|
| Aggregated volume | 4,400 | |
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| Price | $11.277 | |
| e) | Date of the transaction | 9/24/2024 | |
| f) | Place of the transaction | New York Stock Exchange (XNYS) | |
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