Latham & Watkins advises Diversified Energy on NYSE direct listing

Diversified Energy Company PLC (NYSE:DEC) has announced that trading of its ordinary shares will commence at US market open December 18, 2023 on the New York Stock Exchange (NYSE) under the ticker symbol “DEC.” As previously announced, the Company utilized a direct listing process. The Company will retain its premium listing and will continue to trade on the main market of the London Stock Exchange (LSE). Further, the Company expects that it will continue to be a constituent of the FTSE 250 index in the UK. No ordinary shares are being offered or sold in connection with the NYSE listing.

Latham & Watkins LLP is advising Diversified Energy in the listing with a corporate deal team led by Austin partner David Miller, London partner James Inness, Houston partner Ryan Lynch, and associate Koushik Prasad, with additional assistance from associates Connor Adams, Darby Dietrich, Jonathan Lin, Rachel Moore, and Haley Sandoval. 

Diversified Energy Company plc (LON:DEC), formerly Diversified Gas & Oil plc, is a gas and oil production company operating in the Appalachian Basin in the United States. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    Diversified Energy Company plc

    More articles like this

    Diversified Energy Company plc

    Natural Gas as a reliable energy source

    Natural gas is an essential energy resource that continues to power economies across the globe. Known for its abundance and reliability, it is primarily composed of methane and is extracted from deep beneath the earth’s surface.

    Diversified Energy Company plc

    Diversified Energy Company and the future of fracking in Pennsylvania

    Pennsylvanians involved in the fracking industry remain confident that their sector will persist, regardless of the outcome of the upcoming presidential election. Both major candidates—Republican Donald Trump and Democrat Kamala Harris—are promising support for the hydraulic

    Diversified Energy Company plc

    Natural Gas benefits for businesses

    Natural gas offers numerous advantages for businesses, including reliability, flexibility, and a substantial reduction in carbon emissions compared to other non-renewable energy sources. As a clean-burning option, it helps meet the rising energy demands while simultaneously

    Diversified Energy Company plc

    Driving the future of sustainable energy solutions

    The global energy sector is undergoing a significant transformation, driven by innovation, sustainability initiatives, and the increasing demand for reliable energy sources. As the world looks to transition towards greener solutions, traditional energy companies are evolving

    Diversified Energy Company plc

    Diversified Energy Company completes Crescent Pass acquisition

    Diversified Energy Company PLC (LON/NYSE: DEC) has announced the closing of its acquisition of the of high-working interest, operated natural gas properties and related facilities located within eastern Texas (the “Assets”) from Crescent Pass Energy). Acquisition Highlights