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Diversified Energy Announces Pricing of Offering of Ordinary Shares

Deals & Cases
February 21, 2025
Deals & Cases
February 21, 2025

Vinson & Elkins L.L.P. advised Citigroup Global Markets Inc. and Mizuho Securities USA LLP, as representatives of the underwriters, in connection with an underwritten public offering of 8,500,000 ordinary shares (the “Offering”) by Diversified Energy Company PLC (“DEC”), at a price to the public of $14.50 per share.

DEC is listed on both the NYSE and the LSE, under the symbol “DEC.” The Offering represents DEC’s initial public offering in the U.S. The Offering closed on Friday, February 21, 2025.

The Vinson & Elkins corporate team was led by partners David Oelman and Mike Telle, with assistance from senior associate Ximena Kuri and associates Walt Baker, John Sasso, Patience Li, and Will Sladic. Also advising were partners David Peck and Wendy Salinas, counsel Lauren Meyers and associate Paige Melton; counsel Corinne Snow and associate Alyssa Sieja; partner Suzanne Clevenger and associate Ryan Hoeffner; partners Miguel Colebrook and John Grand; partner Mark Holmes and senior associate Litian Chen.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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Key Contacts

Partner
Michael Telle