Peel Hunt acted as joint Global Co-ordinator, Corporate Broker and joint Bookrunner on an accelerated book build placing (with a simultaneous Rex Retail Offer) of a total of 128,444,000 new Ordinary Shares in Diversified Energy Company PLC at an issue price of 105 pence per Placing Share which raised gross proceeds of c.£163.0 million, as announced on 9th February, 2023.