Diversified Energy Announces Third Quarter Dividend BIRMINGHAM, Ala., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE: DEC, NYSE:DEC) (“Diversified” or “the Company”) is pleased to announce that the Board has declared an interim dividend of 29 cents per share in respect of 3Q25 for the three month period ended September 30, 2025.  Key dates related to this dividend include:  Record Date:February 27, 2026  Payment Date:March 31, 2026  Default Currency:US Dollar  Currency Election Option ...

Core Viewpoint - Diversified Energy Company PLC is set to release its operational and financial results for Q3 2025 on November 3, 2025, after the US market closes, followed by a conference call on November 4, 2025, to discuss these results [1]. Group 1: Financial Results Announcement - The company will publish its Q3 2025 Results on its website prior to the conference call [2]. - A supplementary Q3 2025 Results Presentation will also be made available on the company's website [2]. Group 2: Company Overview - Diversified Energy Company PLC is a publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [3]. - The company employs a differentiated strategy by acquiring long-life assets and investing in them to enhance environmental and operational performance before retiring them safely [3]. - Recognized for sustainability leadership, the company aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [3].

Core Points - Diversified Energy Company PLC plans to move its primary listing to the New York Stock Exchange while maintaining a secondary listing on the London Stock Exchange, with the change to be executed through a UK scheme of arrangement [2] - A circular has been published detailing the transaction and convening shareholder meetings to approve related matters [3] - The scheme is expected to become effective around November 21, 2025, with NewCo shares anticipated to be listed on the NYSE and the London Stock Exchange by November 24, 2025 [4] Company Overview - Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [5] - The company employs a differentiated strategy by acquiring existing, long-life assets and investing in them to enhance environmental and operational performance [5] - Recognized for sustainability leadership, Diversified aims to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value [5]

Core Viewpoint - Diversified Energy Company PLC plans to move its primary listing to the New York Stock Exchange (NYSE) while maintaining a secondary listing on the London Stock Exchange (LSE) to enhance trading liquidity and visibility with investors, and to provide strategic capital markets benefits for growth [1][4]. Group 1: Listing Strategy - The decision to move to the NYSE is based on the evaluation of the optimal public company listing venue in alignment with the company's business strategy [4]. - The company will retain a secondary listing on the LSE to facilitate trading liquidity for its non-US shareholder base [6]. Group 2: Business Operations - The company is primarily a US business, with all operating profit derived from US operations, and its executive management and operational headquarters are also based in the US [2]. - As of June 30, 2025, over 65% of the company's outstanding shares were held by US resident investors [3]. Group 3: Shareholder Approval Process - The move will require a formal vote by shareholders at a general meeting, needing approval from a majority in number of registered shareholders voting in person or by proxy, representing 75% in value of the shares voted [5]. - A shareholder circular detailing the proposals is expected to be published soon, with the general meeting anticipated to occur in the coming weeks [5]. Group 4: Expected Benefits - The proposed move is expected to increase overall liquidity in the company's shares by accessing deeper US capital markets [6]. - The primary US listing is anticipated to enhance exposure to US investors and provide access to passive investment pools of capital [6]. - The company aims to optimize its positioning for inclusion in premier US equity indices and Exchange Traded Funds [6].

Core Viewpoint - Diversified Energy Company PLC plans to move its primary listing to the New York Stock Exchange while retaining a secondary listing on the London Stock Exchange, aiming to enhance trading liquidity and visibility with investors, and to provide strategic capital markets benefits for growth [1][4]. Group 1: Listing Strategy - The company is primarily a US business, with all operating profit derived from US operations, and intends to align its primary listing with its business strategy [2][4]. - As of June 30, 2025, over 65% of the company's outstanding shares were held by US resident investors, indicating a strong US investor base [3]. - The move to a US primary listing is expected to be formalized through a UK scheme of arrangement, requiring shareholder approval at a general meeting [5]. Group 2: Benefits of the Move - The change is anticipated to increase overall liquidity in the company's shares by accessing deeper US capital markets [7]. - A primary US listing is expected to enhance exposure to US investors and provide access to passive investment pools of capital [7]. - The company aims to optimize its positioning for inclusion in premier US equity indices and Exchange Traded Funds while retaining a secondary listing on the LSE to facilitate trading liquidity for non-US shareholders [7]. Group 3: Operational Context - The executive management team and operational headquarters are based in the US, with all employees and assets located in the US, reinforcing the rationale for the primary listing shift [2][4]. - The company focuses on natural gas and liquids production, marketing, and well retirement, with a strategy centered on acquiring and improving long-life assets [8].

Core Viewpoint - Diversified Energy Company PLC has announced the pricing of a secondary offering of ordinary shares, with a total of 5,713,353 shares priced at $13.75 each, and an additional option for underwriters to purchase up to 857,002 shares [1][2]. Summary by Sections Secondary Offering Details - The secondary offering consists entirely of ordinary shares sold by selling stockholders, with Diversified not offering any shares or receiving proceeds from the sale [2]. - The offering is expected to settle on September 18, 2025, pending customary closing conditions [2]. Participation and Related Transactions - The Diversified Employee Benefit Trust intends to purchase 750,000 shares at the public offering price, totaling $10,312,500, which constitutes a related party transaction due to connections with Diversified's director [3]. - The shares were originally issued as part of the acquisition of Maverick Natural Resources, LLC, completed on March 14, 2025 [3]. Underwriters and Management - Mizuho and Raymond James are acting as joint book-running managers for the offering, with Citigroup also participating as a joint book-running manager [4]. - The offering is supported by a shelf registration statement filed with the SEC, which became effective upon filing [5]. Company Overview - Diversified Energy focuses on acquiring and managing energy assets, including natural gas and liquids production, and is recognized for its sustainability leadership [8].

Core Viewpoint - Diversified Energy Company PLC has announced the pricing of a secondary offering of ordinary shares, with a total of 5,713,353 shares priced at $13.75 each, and an additional option for underwriters to purchase up to 857,002 shares [1][2]. Group 1: Secondary Offering Details - The secondary offering consists entirely of ordinary shares sold by selling stockholders, with Diversified not offering any shares or receiving proceeds from the sale [2]. - The offering is expected to settle on September 18, 2025, pending customary closing conditions [2]. - The Diversified Employee Benefit Trust intends to purchase 750,000 shares at the public offering price, totaling $10,312,500, which constitutes a related party transaction [3]. Group 2: Underwriters and Management - Mizuho and Raymond James are acting as joint book-running managers for the secondary offering, with Citigroup also participating as a joint book-running manager [4]. - The board of directors has confirmed that the related party transaction is fair and reasonable for shareholders, with advice from Stifel Nicolaus Europe Limited [3]. Group 3: Company Overview - Diversified Energy is an independent energy company focused on natural gas and liquids production, transportation, marketing, and well retirement, recognized for its sustainability leadership [8].

Core Viewpoint - Diversified Energy Company PLC has announced a proposed secondary offering of 5,713,353 ordinary shares, with an additional option for underwriters to purchase up to 857,002 shares, aimed at raising capital through selling stockholders [1][2]. Group 1: Offering Details - The secondary offering consists entirely of ordinary shares sold by selling stockholders, with all net proceeds going to them, while Diversified will not receive any proceeds from this offering [2]. - The Diversified Employee Benefit Trust has expressed interest in purchasing up to 750,000 ordinary shares at the public offering price, although no commitment has been made [1]. Group 2: Underwriters and Management - Mizuho and Raymond James are acting as joint book-running managers for the offering, with Citigroup also participating as a joint book-running manager [3]. - A shelf registration statement for the resale of these securities was filed with the SEC on May 16, 2025, and became effective upon filing [4]. Group 3: Regulatory and Legal Information - The secondary offering will be conducted only through a prospectus supplement and an accompanying prospectus, which will be available free of charge on the SEC's website [4]. - The announcement does not constitute an offer to sell or solicit offers to buy ordinary shares in jurisdictions where such actions would be unlawful [5].

Core Viewpoint - Diversified Energy Company PLC is launching a secondary offering of 5,713,353 ordinary shares managed by certain funds or entities affiliated with EIG, with an additional option for underwriters to purchase up to 857,002 shares [1][2] Group 1: Offering Details - The secondary offering consists entirely of ordinary shares sold by the Selling Stockholders, who will receive all net proceeds from the offering [2] - The Diversified Employee Benefit Trust has expressed interest in purchasing up to 750,000 ordinary shares at the public offering price, although no commitment has been made [1] - Mizuho and Raymond James are acting as joint book-running managers for the offering, with Citigroup also participating [3] Group 2: Regulatory Information - A shelf registration statement for the resale of these securities was filed with the SEC on May 16, 2025, and became effective upon filing [4] - The secondary offering will be conducted only through a prospectus supplement and an accompanying prospectus [4] Group 3: Company Overview - Diversified Energy is focused on acquiring, managing, and optimizing a portfolio of cash-generative energy assets, including natural gas and liquids production, transport, marketing, and well retirement [6][8] - The company aims to improve environmental and operational performance of its long-life assets before retiring them safely and securely [6][8]

Board of Directors Update - Sandra Stash will resign from the Board of Directors effective August 12, 2025, after serving since 2019, leaving in good standing [2][3] - David Turner is expected to replace Ms. Stash as the Senior Independent Director, while Kathryn Klaber will chair the Sustainability Committee, and Martin Thomas will join the Audit & Risk Committee [2][3] Commitment to Board Diversity - The Nomination Committee is dedicated to maintaining a high-quality, diverse board that supports the company's long-term goals [3] - David Johnson, Non-Executive Chairman, expressed gratitude for Ms. Stash's contributions and acknowledged her industry expertise [3] Company Overview - Diversified Energy Company PLC focuses on natural gas and liquids production, transport, marketing, and well retirement [4] - The company employs a differentiated strategy by acquiring long-life assets and investing in them to enhance environmental and operational performance [4] - Recognized for sustainability leadership, the company aims to responsibly produce energy and generate shareholder value [4]