6-K
Diversified Energy Co (DEC)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO SECTION 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May, 2024
Commission File Number: 001-41870
Diversified Energy Company plc
(Translation of registrant’s name into English)
1600 Corporate Drive
Birmingham, Alabama 35242
Tel: +1 205 408 0909
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
EXHIBIT INDEX
| 99.1 | Result of General Meeting |
|---|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Diversified Energy Company plc | ||
|---|---|---|
| Date: May 28, 2024 | By: | /s/ Bradley G. Gray |
| Bradley G. Gray | ||
| President & Chief Financial Officer |
Exhibit 99.1
May 28, 2024
Diversified Energy Company PLC
(“Diversified” or the “Company”)
Result of General Meeting
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) is pleased to announce that the sole resolution put to shareholders at the Company's General Meeting held earlier today was duly passed.
The General Meeting was held to invite shareholders to consider the resolution in connection with the proposed acquisition of Oaktree Capital Management's working interests in certain assets operated by Diversified in the Central Region (the “Acquisition”), as described in the announcement released on March 19, 2024 and the shareholder circular (including the notice of general meeting) published on May 9, 2024 (the “Circular”).
The total votes were cast as follows:
| Resolution | For | % | Against | % | Withheld | |
|---|---|---|---|---|---|---|
| 1 | Approval of the Acquisition | 27,587,442 | 99.7% | 83,458 | 0.3% | 66,143 |
Note: A vote “Withheld” is not a vote in law and is not counted in the calculation of the proportion of the votes “For” or “Against” shown.
The full text of the resolution passed at the General Meeting are set out in the Circular and has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The Board of Diversified Energy Company PLC is pleased to note that shareholders approved the Acquisition with substantial support, and would like to thank shareholders for their input and continued support.
Acquisition Update
Following approval by Shareholders, the Company expects to complete the Acquisition before the end of the second quarter 2024. A further announcement will be made once the Acquisition has been completed.
Capitalised terms not otherwise defined in the text of this announcement have the meanings given in the Circular.
For further information, please contact:
| Diversified Energy Company PLC | +1 973 856 2757 |
|---|---|
| Doug Kris | dkris@dgoc.com |
| Senior Vice President, Investor Relations & Corporate Communications | www.div.energy |
| FTI Consulting | dec@fticonsulting.com |
| U.S. & UK Financial Public Relations |
About Diversified Energy Company PLC
Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.