Diversified Energy TR-1
Rhea-AI Summary
Diversified Energy Company (LSE:DEC) notified a TR-1 major holdings change showing Ameriprise Financial, Inc. reduced its voting interest to 4.792% (3,855,318 voting rights) from a prior 5.019%. The threshold was crossed on 24-Nov-2025 and the issuer was notified on 26-Nov-2025. Columbia Management Investment Advisers, LLC is noted as wholly owned by Ameriprise. The TR-1 record was completed in Swindon on 03-Dec-2025. The filing lists no financial instruments or indirect holdings above reportable thresholds.
Positive
- Holding now 4.792%, below the 5% regulatory threshold
- Total voting rights reported: 3,855,318
Negative
- Stake reduced from 5.019% to 4.792%
- Crossing below 5% may reduce formal shareholder influence
Key Figures
Market Reality Check
Peers on Argus
Key Energy peers (e.g., Crescent, Cenovus) were also up between ~1–5%, broadly consistent with DEC’s +2.7% move, but no peers appeared on the momentum scanner, suggesting stock-specific rather than flagged sector momentum.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 24 | Acquisition completion | Positive | +1.3% | Closed Canvas Energy acquisition, adding production and funded via ABS and shares. |
| Nov 21 | Listing change | Positive | +2.1% | High Court sanctioned scheme and planned move of primary listing to NYSE. |
| Nov 19 | Prospectus publication | Positive | -1.8% | FCA-approved prospectus for LSE admission linked to re-domiciliation scheme. |
| Nov 12 | Share buyback | Positive | +0.2% | Executed buyback of 30,623 shares for cancellation under existing program. |
| Nov 10 | Shareholder meetings | Positive | +1.0% | Court and General Meetings backed re-domiciliation and equity incentive plan. |
DEC has generally reacted positively to corporate and strategic announcements, with 4 of the last 5 news events seeing share-price moves aligned with the positive or constructive nature of the news.
Over the past few weeks, Diversified Energy has focused on structural and strategic changes. It completed the Canvas Energy acquisition on Nov 24, 2025, adding material production and acreage, and funded partly through securitization and new shares. Around the same period, shareholders approved a re-domiciliation scheme and a new Delaware parent, alongside a move in primary listing toward the NYSE and associated prospectus steps. A share buyback on Nov 11, 2025 underscored capital return. Today’s TR-1 filing reflects how institutional ownership levels sit against this backdrop of recent corporate activity.
Regulatory & Risk Context
Short interest at 2.99% of float with 6.26 days to cover is relatively low, suggesting limited pressure from crowded short positioning and a lower likelihood of short-squeeze-driven volatility based on current data.
Market Pulse Summary
This announcement details a TR-1 major-holdings notification showing Ameriprise’s voting interest moving from 5.019% to 4.792%, representing 3,855,318 voting rights and no exposure via financial instruments. It follows a period of significant corporate actions, including a major acquisition and a re-domiciliation with listing changes. Investors may monitor future TR-1 updates, overall institutional ownership trends, and how they intersect with DEC’s capital allocation, buybacks, and integration of the Canvas Energy assets.
Key Terms
TR-1 regulatory
voting rights financial
financial instruments financial
DTR5.1 regulatory
DTR5.2.1 regulatory
DTR5.3.1R.(1) (a) regulatory
proxy voting financial
AI-generated analysis. Not financial advice.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BQHP5P93
Issuer Name
Diversified Energy Company PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An event changing the breakdown of voting rights
3. Details of person subject to the notification obligation
Name
Ameriprise Financial, Inc.
City of registered office (if applicable)
Minneapolis
Country of registered office (if applicable)
United States
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
24-Nov-2025
6. Date on which Issuer notified
26-Nov-2025
7. Total positions of person(s) subject to the notification obligation
| . | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 4.792000 | 0.000000 | 4.792000 | 3855318 |
| Position of previous notification (if applicable) | 5.019000 | 0.000000 | 5.019000 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) | |
| GB00BQHP5P93 | 0 | 3855318 | 0.000000 | 4.792000 | |
| Sub Total 8.A | 3855318 | ||||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| Sub Total 8.B2 | |||||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
| Ameriprise Financial, Inc. | 0.000000 | 0.000000 | |||
| Ameriprise Financial, Inc. | Columbia Management Investment Advisers, LLC | 0.000000 | 0.000000 | ||
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Columbia Management Investment Advisers, LLC is wholly owned by Ameriprise Financial, Inc.
12. Date of Completion
03-Dec-2025
13. Place Of Completion
Swindon, UK