Diversified Energy TR-1

Rhea-AI Summary

Diversified Energy (LSE:DEC) received a TR-1 major holdings notification from Barclays PLC with completion on 24-Feb-2026.

The notification records a threshold crossing dated 20-Feb-2026, prior reported position totaling 5.43% voting rights (1.68% direct, 3.75% via instruments). The resulting situation was stated as below reportable thresholds.

Positive

• Previous aggregated holding reported at 5.43% (1.68% direct, 3.75% via instruments)
• Notification completed on 24-Feb-2026, fulfilling disclosure timelines

Negative

• Resulting position declared below reportable thresholds, implying reduced visible influence
• Trading book exemption applied, limiting transparency on some instrument positions

Key Figures

Previous total voting rights: 5.430000% Previous share voting rights: 1.680000% Previous instrument voting rights: 3.750000% +2 more

5 metrics

Previous total voting rights 5.430000% Position of previous notification (if applicable)

Previous share voting rights 1.680000% Previous % of voting rights attached to shares

Previous instrument voting rights 3.750000% Previous % of voting rights through financial instruments

Threshold date 20-Feb-2026 Date threshold was crossed or reached

Notification date 24-Feb-2026 Date issuer was notified

Market Reality Check

Price: $13.77 Vol: Volume 543,698 is close t...

normal vol

$13.77 Last Close

Volume Volume 543,698 is close to the 20-day average of 526,147 (relative volume 1.03x). normal

Technical Trading below the 200-day MA of 14.23 with a current price of 13.22, still 21.57% under the 52-week high.

Peers on Argus

DEC is up about 1.23% while only one peer, CRGY, appears in momentum scanners an...

1 Up

DEC is up about 1.23% while only one peer, CRGY, appears in momentum scanners and is also up. Other key peers show modest gains but there are not 2+ peers moving strongly in the same direction, indicating this move looks more stock-specific than sector-driven.

Historical Context

5 past events · Latest: Feb 12 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 12	Earnings timing	Neutral	-2.2%	Announced dates for publishing 2025 results and hosting earnings call.
Feb 11	Earnings timing	Neutral	-2.2%	Provided schedule for full-year 2025 results and investor call.
Jan 30	TR-1 ownership filing	Neutral	+1.9%	BlackRock reported a 5.69% voting stake as of Jan 28, 2026.
Jan 28	Debt tap issue	Negative	-1.2%	Announced USD 200M tap, increasing 2029 secured bonds to USD 500M.
Jan 26	TR-1 ownership filing	Positive	+2.5%	BlackRock disclosed 5.74% voting rights including shares and instruments.

Pattern Detected

Recent news shows mixed reactions: neutral scheduling and TR-1 disclosures sometimes saw declines, while a positive TR-1 and a bond tap announcement aligned with modest price moves.

Recent Company History

Over the past month, DEC news has centered on capital markets activity and ownership disclosures. TR-1 filings in January 2026 highlighted BlackRock’s stakes around 5.7%, with small positive price reactions. A USD 200 million bond tap lifted total 2029 bonds to USD 500 million, followed by a minor share-price decline. Neutral announcements on timing of 2025 full-year results coincided with a -2.23% move. Today’s Barclays TR-1 fits this pattern of ownership-threshold updates around a stock trading below its 200-day average.

Market Pulse Summary

This announcement reports that Barclays’ voting interest in DEC has fallen below the reportable thre...

Analysis

This announcement reports that Barclays’ voting interest in DEC has fallen below the reportable threshold, down from a previously disclosed 5.43% total voting rights. It follows other recent TR-1 filings and capital-markets actions, including bond taps and stake changes by major holders. Investors may watch future ownership notifications, upcoming full-year 2025 results, and balance-sheet developments to contextualize this change alongside DEC’s current trade below its 200-day moving average.

Key Terms

TR-1, voting rights, financial instruments, ISIN, +3 more

7 terms

TR-1 regulatory

"TR-1: Standard form for notification of major holdings"

A TR-1 is a financial form used by investors to report significant ownership stakes in a company, typically when they acquire or dispose of a large number of shares. It helps keep the market informed about major shareholders and potential changes in control, allowing other investors to make better-informed decisions. This transparency encourages fair trading and reduces surprises related to ownership shifts.

voting rights regulatory

"An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments"

Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

financial instruments financial

"An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments"

Financial instruments are assets or contracts that hold monetary value and can be bought, sold, or traded. They serve as tools for investors to grow, protect, or transfer money, much like how a ticket or voucher can be used to access goods or services. These instruments help individuals and organizations manage financial goals and risks across different markets and economic conditions.

ISIN technical

"Class/Type of shares ISIN code(if possible)"

A 12-character International Securities Identification Number (ISIN) is a unique code that acts like a passport for a specific stock, bond or other tradable security so it can be identified worldwide. Investors and systems use it to ensure they are buying, selling and tracking the exact same instrument across exchanges and data feeds, which prevents costly mix-ups and makes portfolio reporting, settlement and regulatory checks simpler and more reliable.

proxy voting regulatory

"10. In case of proxy voting Name of the proxy holder"

Proxy voting is a process that allows investors to have their voting power on company decisions exercised by someone else if they cannot attend meetings in person. It ensures that their opinions are still represented, similar to authorizing someone else to vote on their behalf at an election. This helps investors influence company actions even when they cannot be physically present.

expiration date financial

"Type of financial instrument | Expiration date | Exercise/conversion period"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

cash settlement financial

"Physical or cash settlement | Number of voting rights"

Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.

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 acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name 
Barclays PLC

City of registered office (if applicable) 
London

Country of registered office (if applicable) 
United Kingdom

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

20-Feb-2026

6. Date on which Issuer notified

24-Feb-2026

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	Below reportable threshold	Below reportable threshold	Below reportable threshold	Below reportable threshold
Position of previous notification (if applicable)	1.680000	3.750000	5.430000

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		Below reportable threshold		Below reportable threshold
Sub Total 8.A	Below reportable threshold		Below reportable threshold

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
Barclays PLC	Barclays Bank PLC
Barclays PLC	Barclays Capital Securities Limited
Barclays PLC	Barclays Capital Inc.

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

Full chain of controlled undertaking:
Barclays PLC
Barclays Bank PLC (100%)
Barclays Capital Securities Limited (100%)

Barclays PLC
Barclays Bank PLC (100%)
Barclays US Holdings Limited (100%)
Barclays US LLC (100%)
Barclays Group US Inc. (100%)
Barclays Capital Inc. (100%)

Trading book exemption applied 

12. Date of Completion

24-Feb-2026

13. Place Of Completion

London

FAQ

What did Barclays disclose about its holdings in Diversified Energy (DEC) on 24-Feb-2026?

Barclays completed a TR-1 notification on 24-Feb-2026 reporting a prior aggregated position of 5.43%. According to Diversified Energy, the notice cites a threshold crossing dated 20-Feb-2026 and a resulting situation shown as below reportable thresholds.

Does the TR-1 for Diversified Energy (DEC) show Barclays currently holds more than 5%?

The TR-1 indicates the resulting situation is below reportable thresholds despite a prior reported total of 5.43%. According to Diversified Energy, the filing lists the prior position but shows the current resulting position as below reportable thresholds.

What voting rights breakdown did Barclays report for Diversified Energy (DEC)?

Barclays reported a breakdown of 1.68% direct voting rights and 3.75% via instruments, totaling 5.43%. According to Diversified Energy, the notification includes those figures alongside tables showing current positions below reportable thresholds.

Why does the TR-1 for Diversified Energy (DEC) mention a trading book exemption?

The TR-1 states a trading book exemption was applied, which can exclude certain short-term positions from disclosure. According to Diversified Energy, the filing lists the exemption in the additional information and provides the chain of controlled undertakings for Barclays.