Certain Ordinary Shares of Diversified Energy Company PLC are subject to a Lock-Up Agreement Ending on 21-MAR-2025. These Ordinary Shares will be under lockup for 30 days starting from 19-FEB-2025 to 21-MAR-2025.
Details:
The company have agreed that, for a period of 60 days, and directors and certain of our officers have agreed that, for a period of 30 days, from the date of this prospectus supplement and subject to certain exceptions (including the issuance of ordinary shares by the company in connection with the closing of the Pending Acquisition), not to offer, pledge, sell, contract to sell, transfer, lend or otherwise dispose of, directly or indirectly, any ordinary shares or securities convertible into or exchangeable or exercisable for ordinary shares, without first obtaining the written consent of the representatives of the underwriters. These agreements are described below under the section titled ?Underwriting
Diversified Energy Company PLC is an energy company focused on natural gas and liquids production, transport, marketing, and well retirement. The Company acquires existing, long-life assets and invests in them to improve environmental and operational performance until retiring those assets. Its assets primarily consist of long-life, low-decline natural gas wells and gathering systems located within the Appalachian Basin and Central Region of the United States. Its asset base consists of conventional and unconventional natural gas, natural gas liquids, and oil-producing wells. Its midstream and marketing portfolio have approximately 17,000 miles of gathering and transportation lines and associated compression stations located throughout its operating footprint. Its subsidiary, Next LVL Energy, LLC, offers asset retirement services in Appalachia. Its operations are located in Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, East Texas, and Louisiana.
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Investor
Investor
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Global
Global
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Quality
Quality
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