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Diversified Energy announces offering of 5.71M ordinary shares for holders

Diversified Energy (DEC) Company announced the launch of an underwritten public offering in the United States by certain funds or entities managed by an affiliate of EIG, an entity managed by FS/EIG Advisor and certain entities managed by FS/KKR Advisor of 5.71M ordinary shares. The secondary offering consists entirely of ordinary shares to be sold by the selling stockholders. The selling stockholders will receive all of the net proceeds from the secondary offering. Diversified is not offering any ordinary shares in the secondary offering and will not receive any proceeds from the sale of ordinary shares in the secondary offering. Mizuho and Raymond James are acting as joint book-running managers and representatives of the underwriters for the proposed offering. Citigroup is also acting as a joint book-running manager for the offering.

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