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EIG Asset Management LLC has reported a significant change in its holdings of Diversified Energy PLC (DEC). The firm's total voting rights have decreased from 20.21% to 18.20%, representing 14,330,718 shares. This change was crossed on May 27, 2025, and reported on June 17, 2025. The notification details a complex ownership structure through multiple controlled undertakings, with EIG Energy Fund XVI, L.P. holding the largest stake at 6.63%. The disclosure is based on Diversified Energy's total issued share capital of 78,757,014 shares as of June 2, 2025.
EIG Asset Management LLC ha comunicato una variazione significativa nelle sue partecipazioni in Diversified Energy PLC (DEC). I diritti di voto totali dell'azienda sono diminuiti dal 20,21% al 18,20%, corrispondenti a 14.330.718 azioni. Questa modifica è stata effettuata il 27 maggio 2025 e segnalata il 17 giugno 2025. La notifica descrive una struttura complessa di proprietà attraverso diverse entità controllate, con EIG Energy Fund XVI, L.P. che detiene la quota maggiore pari al 6,63%. La comunicazione si basa sul capitale sociale totale emesso da Diversified Energy, pari a 78.757.014 azioni al 2 giugno 2025.
EIG Asset Management LLC ha informado un cambio significativo en sus participaciones en Diversified Energy PLC (DEC). Los derechos de voto totales de la firma han disminuido del 20,21% al 18,20%, representando 14.330.718 acciones. Este cambio se realizó el 27 de mayo de 2025 y se reportó el 17 de junio de 2025. La notificación detalla una estructura de propiedad compleja a través de múltiples entidades controladas, con EIG Energy Fund XVI, L.P. como el mayor accionista con un 6,63%. La divulgación se basa en el capital social total emitido de Diversified Energy, que asciende a 78.757.014 acciones al 2 de junio de 2025.
EIG Asset Management LLC� Diversified Energy PLC(DEC)� 보유 지분에 중대� 변동이 있음� 보고했습니다. 회사� � 의결권은 20.21%에서 18.20%� 감소했으�, 이는 14,330,718주에 해당합니�. � 변동은 2025� 5� 27일에 이루어졌� 2025� 6� 17일에 보고되었습니�. 공시� 여러 통제� 법인� 통한 복잡� 소유 구조� 상세� 설명하며, EIG Energy Fund XVI, L.P.가 6.63%� 가� � 지분을 보유하고 있습니다. � 공시� 2025� 6� 2� 기준 Diversified Energy� � 발행 주식� 78,757,014주를 기준으로 합니�.
EIG Asset Management LLC a signalé un changement significatif dans ses participations dans Diversified Energy PLC (DEC). Les droits de vote totaux de la société ont diminué de 20,21 % à 18,20 %, soit 14 330 718 actions. Ce changement a eu lieu le 27 mai 2025 et a été déclaré le 17 juin 2025. La notification détaille une structure de propriété complexe via plusieurs entités contrôlées, avec EIG Energy Fund XVI, L.P. détenant la plus grande part à 6,63 %. La divulgation est basée sur le capital social total émis de Diversified Energy, qui s'élève à 78 757 014 actions au 2 juin 2025.
EIG Asset Management LLC hat eine bedeutende Veränderung seiner Beteiligungen an Diversified Energy PLC (DEC) gemeldet. Die gesamten Stimmrechte des Unternehmens sind von 20,21 % auf 18,20 % gesunken, was 14.330.718 Aktien entspricht. Diese Änderung erfolgte am 27. Mai 2025 und wurde am 17. Juni 2025 gemeldet. Die Mitteilung beschreibt eine komplexe Eigentümerstruktur über mehrere kontrollierte Unternehmen, wobei EIG Energy Fund XVI, L.P. mit 6,63 % den größten Anteil hält. Die Offenlegung basiert auf dem gesamten ausgegebenen Aktienkapital von Diversified Energy von 78.757.014 Aktien zum 2. Juni 2025.
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Insights

EIG Asset Management reduced its stake in Diversified Energy from 20.21% to 18.20%, indicating potential shift in institutional confidence.

EIG Asset Management LLC has reduced its stake in Diversified Energy PLC from 20.21% to 18.20%, according to a TR-1 regulatory filing. The threshold was crossed on May 27, 2025, though the notification to the company came several weeks later on June 17.

This reduction of approximately 2% represents a sale of 1,584,689 shares based on the difference between the current holding of 14,330,718 shares and the previous position of 15,915,407 shares. The disclosure shows that EIG's ownership is distributed across multiple investment vehicles within their structure, with EIG Energy Fund XVI, L.P. holding the largest portion at 6.63%.

The timing of this disclosure is notable, as there was a significant delay between when the threshold was crossed (May 27) and when the issuer was notified (June 17). This disclosure is based on an issued share capital of 78,757,014 shares as announced by Diversified Energy on June 2, 2025.

When large institutional investors reduce positions, it warrants attention as it may signal a reassessment of value or strategic portfolio reallocation. Despite the reduction, EIG remains a substantial shareholder with influence, holding nearly one-fifth of the company's voting rights. The distributed nature of the holdings across multiple EIG funds suggests this is part of a broader investment strategy rather than a concentrated position by a single entity.

TR-1: Standard form for notification of major holdings

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:DIVERSIFIED ENERGY PLC
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X� if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X�)
An acquisition or disposal of voting rightsX
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
NameEIG ASSET MANAGEMENT LLC
City and country of registered office (if applicable)WASHINGTON D.C., U.S.A.
4. Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi:27 MAY 2025
6. Date on which issuer notified (DD/MM/YYYY):17/06/2025
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 (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached14,330,71818.2014,330,718
Position of previous notification (if
applicable)
15,915,40720.21



8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of
shares

ISIN code (if possible)
Number of voting rights ix% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BQHP5P9314,330,71818.20
SUBTOTAL 8. A


B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrumentExpiration
date
x
Exercise/
Conversion Period
xi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1


B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrumentExpiration
date
x
Exercise/
Conversion Period
xi
Physical or cash
Settlement xii
Number of voting rights % of voting rights
SUBTOTAL 8.B.2


9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an “X�)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
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 entity (please add additional rows as necessary) xiv
X
Name xv% 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 thresholdTotal of both if it equals or is higher than the notifiable threshold
EIG Asset Management LLC (Parent)
EIG Redwood Co-Investment, L.P. (Chain 1)0.79%0.79%
EIG Redwood XV Blocker Agent (Redwood), Inc. (Chain 2)0.69%0.69%
EIG Holdings Carry Splitter (Redwood), L.P. (Chain 3)2.46%2.46%
EIG Energy Fund XV, L.P. (Chain 4)1.80%1.80%
EIG Energy Fund XV-A, L.P. (Chain 5)1.23%1.23%
EIG Energy Fund XVI,
L.P. (Chain 6)
6.63%6.63%
EIG Energy Fund XVI-E, L.P. (Chain 7)0.11%0.11%
EIG Energy Fund XVI Holding Splitter (Fourpoint), L.P. (Chain 8)3.03%3.03%
EIG Energy Fund XV Blocker Series C (Fourpoint) LLC (Chain 9)1.46%1.46%
10. In case of proxy voting, please identify:
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 xvi
The information in this Form has been completed using an issued share capital of 78,757,014 shares in the capital of the Company, as announced by the Company on 2 June 2025


Place of completionLondon
Date of completion9 June 2025

FAQ

What is EIG Asset Management's current stake in Diversified Energy (DEC)?

EIG Asset Management LLC currently holds 18.20% of voting rights in Diversified Energy PLC, representing 14,330,718 shares.

How much did EIG Asset Management's stake in DEC change?

EIG Asset Management's stake decreased from 20.21% to 18.20%, a reduction of 2.01 percentage points from their previous position of 15,915,407 shares.

Which EIG entity holds the largest stake in Diversified Energy?

EIG Energy Fund XVI, L.P. holds the largest stake among EIG entities with 6.63% of voting rights.

When did EIG Asset Management cross this threshold in DEC shares?

EIG Asset Management crossed this threshold on May 27, 2025, with the notification being made to the issuer on June 17, 2025.

What is the total issued share capital of Diversified Energy PLC?

The total issued share capital of Diversified Energy PLC is 78,757,014 shares, as announced by the company on June 2, 2025.
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