CORPORATE ANNOUNCEMENT
Lagos and London, 30th October 2023: Seplat Energy Plc ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, today announces an interim dividend at a rate of US3 cents (United States Three Cents) per Ordinary Share (subject to appropriate WHT) to be paid to SEPLAT's shareholders whose names appear in the Register of Members as at the close of business on 10th November 2023.
Period Ended |
30th September 2023 |
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Dividend Announcement Date |
30th October 2023 |
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Dividend
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An Interim Dividend of US3 cents (United States Three Cents) per Ordinary Share of N0.50k each, (subject to appropriate withholding tax) will be paid to shareholders whose names appear in the Register of Members as at the close of business on 10th November 2023. |
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Closure of Register |
To enable SEPLAT's Registrar, Datamax Registrars Limited, prepare for the payment of the interim dividend, the Register of Shareholders will be closed on 13th November 2023. |
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Qualification Date |
Close of Business on 10th November 2023. Note that on the London Stock Exchange: The Associated Record Date will be 10th November 2023 and the Ex-Dividend date will be 9th November 2023. |
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Dividend Currency
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The dividend will be paid in Naira and US Dollars only. The default currency for the dividend will depend as follows:
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Shareholders Options |
The dividend will be paid in US Dollars and Naira only. The shareholders holding their shares on the Nigerian Exchange Limited who hold a valid CCI should notify SEPLAT's Nigerian Registrars, DataMax Registrars Limited ("DataMax"), of that fact. |
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Determination of Exchange Rate |
The exchange rate for the Naira amounts payable will be determined by reference to the relevant exchange rates applicable to the US dollar on 9th November 2023 and will be communicated by the Company on 10th November 2023. |
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Payment Date |
On or around 24th November 2023, the interim dividend will be paid electronically to shareholders whose names appear on the Register of Members as of 10th November 2023, and who have completed the e-dividend registration and mandated the Registrar to pay their interim dividend directly into their Bank accounts. |
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E-Dividend Registration |
Shareholders who are yet to complete the e-dividend registration are advised to download the Registrar's E-Dividend Mandate Activation Form, which is also available on:http://www.datamaxregistrars.com/images/forms/seplate_e-mandate %20form.pdf, complete and submit to the Registrar or their respective Banks. Holders of shares through depositary interests on the LSE should please provide their account details to the Company's UK depositary, Computershare.
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Unclaimed Dividend Warrants and Share Certificates |
Shareholders with dividend warrants and share certificates that have remained unclaimed or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the Registrar. |
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Enquiries |
Enquiries on opening of account and payment of dividend should be directed to the appropriate Registrar. For all other enquiries, kindly contact:
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Summary of Key Dates |
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30 October 2023 |
Dividend announcement date |
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9 November 2023 |
London Stock Exchange: Ex-Dividend Date Date for determining foreign exchange rate |
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10 November 2023 |
Nigerian Exchange Limited: Qualification date London Stock Exchange: Associated Record Date Foreign exchange rates will be communicated to shareholders |
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13 November 2023 |
Nigerian Exchange Limited: Register Close Date |
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24 November 2023 |
Dividend Payment Date |
Dated this 30th day of October 2023
Signed:
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Mr. Emeka Onwuka
Chief Financial Officer