Diversified Energy announces proposed move of primary listing to NYSE

Diversified Energy (DEC) announced that its board of directors, having evaluated the company’s public company listing venue, intends to move the company’s primary listing to the NYSE while retaining a secondary listing on the London Stock Exchange. The company will start filing customary SEC financial statements and periodic reports as a US domestic filer with its year-end 2025 financial results. The proposed venue change will be implemented by way of a UK scheme of arrangement which will require a formal vote by shareholders of the company at a general meeting to be approved by a majority in number of the registered shareholders voting in person or by proxy, representing 75% in value of the shares voted. Subject to shareholders voting in favor of the proposals at the general meeting, the board expects that the scheme of arrangement will take effect during the fourth quarter of 2025, after which the shares are expected to trade on the NYSE and on the equity shares category of the Official List of the FCA and the main market of the LSE.