End of Stabilisation Notice: Diversified Energy
Stabilisation period ended for 8.5m share offering at US$14.50 per share; over-allotment option not exercised.
- Shares offered 8,500,000
- Offer price US$14.50 per share
- Over-allotment option 850,000 shares not exercised
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End of Stabilisation Notice
Further to the pre-stabilisation period announcement dated February 20, 2025, Citigroup Global Markets Inc (Contact: Gabriel Xia +1 212-723-3224) hereby gives notice that (i) the Stabilising Manager named below and its affiliates undertook stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014), including as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018) in relation to the offer of the following securities, as set out below; (ii) the stabilisation period ends with immediate effect; and (iii) the over-allotment option for 850,000 ordinary shares was not exercised.
The securities:
| Issuer: | Diversified Energy Company PLC (the " Company ") | |||
|---|---|---|---|---|
| Securities: | Ordinary Shares with a par value of £0.20 each | |||
| Offering size: | 8,500,000 Ordinary Shares (excluding the over-allotment option) | |||
| Description: | An underwritten public offering in the United States of up to 8,500,000 ordinary shares | |||
| Offer price: | US$14.50 | |||
| 20-Feb-25 | 159,212 | $14.25 | $14.40 | New York Stock Exchange |
| 21-Feb-25 | 146,930 | $13.91 | $14.25 | New York Stock Exchange |
| 24-Feb-25 | 174,999 | $13.8884 | $14.00 | New York Stock Exchange |
| 25-Feb-25 | 219,890 | $13.799 | $14.00 | New York Stock Exchange |
| 26-Feb-25 | 148,696 | $13.59 | $13.98 | New York Stock Exchange |
| 27-Feb-25 | 273 | $13.90 | $13.90 | New York Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.