Barclays, Ameriprise flag stakes in Diversified

Diversified Energy PLC has reported two separate TR-1 major holdings notifications, revealing that Barclays PLC (BARC.L) and Ameriprise Financial, Inc. have each at times held positions above the 5% voting rights threshold in the company. Both notifications relate to acquisitions or disposals of voting rights and were disclosed to the issuer on 04-Mar-2026 and 26-Nov-2025, respectively.

The filings identify Diversified Energy PLC, a non-UK issuer with ISIN US25520W1071, as the common underlying entity. Under UK transparency rules, crossing specified percentage thresholds in voting rights triggers a mandatory disclosure, which both institutions have now made.

Barclays PLC reported that it crossed a 5.260% voting rights threshold in Diversified Energy on 02-Mar-2026. According to the TR-1 notification, this position is composed of 3.41% of voting rights attached to shares and 1.79% held through financial instruments.

The filing shows that Barclays holds 1,886,282 voting rights directly through shares, representing 2.460% of total voting rights in the issuer. This marks a move from a previously notifiable position of 0.00%, indicating that Barclays has newly accumulated a disclosable stake.

In addition to shares, Barclays has built exposure via financial instruments. Under DTR 5.3.1R (1)(a), the bank reports a “Right to Recall” instrument over 1,101,574 voting rights, equivalent to 1.43% of total voting rights.

Further instruments classified under DTR 5.3.1R (1)(b) contribute 0.36% of voting rights. These include cash-settled contracts for difference (CFDs) over 46,921 voting rights, an equity swap covering 45,328 voting rights with expiries between November 24, 2027 and March 13, 2028, and a portfolio swap over 184,237 voting rights with expiries between July 1, 2026 and August 4, 2031.

A separate summary notes that Barclays’ combined exposure of 5.20% reflects a significant reliance on derivatives. The filing also records that the trading book exemption for Barclays no longer applies, indicating a reclassification of these holdings within regulatory reporting categories.

Ameriprise Financial, Inc. has also notified Diversified Energy that it crossed a major threshold on February 4, 2026. The resulting situation at that date shows Ameriprise holding 5.056% of voting rights in the issuer, all attached to shares and none via financial instruments.

Ameriprise’s position consists of 3,855,318 indirect voting rights linked to shares in Diversified Energy, corresponding to 4.792% of the company’s voting rights. The filing indicates no direct voting rights and no exposure via derivatives or other financial instruments.

The notification outlines corporate chains through which the voting rights are held, referencing Ameriprise Trust Company and Columbia Management Investment Advisers, LLC as controlled undertakings. However, the reported percentages at each level of the chain are recorded as 0.000000% in the standard form, with the aggregate 5.056% attributed at the group level.

Taken together, the two TR-1 notifications show that Barclays PLC and Ameriprise Financial, Inc. have each become significant holders of voting rights in Diversified Energy during the first quarter of 2026. Barclays reached the threshold on March 24, 2026, while Ameriprise crossed its threshold earlier, on February 4, 2026.

As of the respective threshold-crossing dates, Barclays held 3,995,580 total voting rights in the issuer, combining shares and financial instruments, and Ameriprise held 3,945,895 voting rights exclusively via shares. Both disclosures underscore the presence of large institutional investors on Diversified Energy’s share register and document how their holdings are structured between cash equities and derivatives-based exposure.