Final Approval of The Scheme of Arrangement

New York Stock Exchange (“NYSE”) to be Primary Listing Venue of Shares and Delaware Incorporation of Diversified Energy Company

Diversified Will Retain UK listing on the Equity Shares (International Commercial Companies Secondary Listing) Category

BIRMINGHAM, Ala., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company plc (the “Company”) (NYSE:DEC, LSE: DEC) is pleased to announce that following the approval received at the shareholder meetings on November 10, 2025, the High Court of Justice of England and Wales (the “Court”) has today issued an order sanctioning the scheme of arrangement under Part 26 of the Companies Act 2006 to introduce Diversified Energy Company, a new Delaware-incorporated company (“Diversified”) as the parent holding company of the Company (the “Scheme”). A copy of the Court order will be delivered to the Registrar of Companies for England and Wales today, following which the Scheme will become effective. This marks a significant milestone for the Company.

In addition, on September 30, 2025, the Company announced its intention to move its primary listing to the New York Stock Exchange while retaining a secondary listing on the London Stock Exchange and the prospectus in relation to the admission of Diversified’s common stock to listing on the equity shares (international commercial companies secondary listing) category of the Official List of the FCA and trading on the London Stock Exchange’s main market for listed securities was approved by the FCA and with the prospectus published on November 19, 2025. Following the Scheme becoming effective, it is expected that the NYSE notification of the primary listing of Diversified common stock will be released today and commencing on Monday, November 24, 2025, the Company’s common stock are expected to be primarily listed on the NYSE and the LSE Admission is expected to become effective at 8.00am (London time) on November 24, 2025.

Further, as a result of the Scheme becoming effective, the listing of the ordinary shares of the Company on the equity shares (commercial companies) category of the Official List of the FCA will be cancelled with effect from 7.00am (London time) on November 24, 2025 and the last day of dealings in the Company’s shares will be today, November 21, 2025. Following the Scheme becoming effective, Diversified will continue its share buyback program on the same terms as was previously announced by the Company on 20 March 2025, as updated on 11 August 2025.