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NEW YORK - Diversified Energy Company PLC (NYSE:DEC) announced Friday that the over-allotment option for its recent secondary offering has been exercised, resulting in the sale of an additional 857,002 ordinary shares.
The stabilization period for the offering has ended with immediate effect, with no stabilization activities undertaken by Mizuho Securities USA LLC, which served as the stabilizing manager, according to a company press release.
The total offering size reached 6,570,355 ordinary shares, including the exercised over-allotment option, which represented 15% of the total shares offered. The secondary offering was priced at $13.75 per share.
The announcement follows the pre-stabilization period announcement dated September 17, 2025. Mizuho Securities USA LLC confirmed that neither it nor its affiliates conducted any stabilization activities related to the securities during the offering period.
Diversified Energy’s ordinary shares have a par value of £0.20 each and trade under the ISIN code GB00BQHP5P93.
The secondary offering was conducted in the United States, with specific restrictions applying to investors in the United Kingdom, European Economic Area, Australia, Japan, and South Africa.
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