CORPORATE ANNOUNCEMENT
Lagos and London, 28th July 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 17th August 2023.
| Period Ended | 30th June 2023 | ||||||||||||||||
| Dividend Announcement Date | 28th July 2023 | ||||||||||||||||
| Dividend
| 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 17th August 2023. | ||||||||||||||||
| 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 18th August 2023. | ||||||||||||||||
| Qualification Date | Close of Business on 17th August 2023. Note that on the London Stock Exchange: The Associated Record Date will be 17th August 2023 and the Ex-Dividend date will be 16th August 2023.
| ||||||||||||||||
| Dividend Currency
| The dividend will be paid in Naira and US Dollars only. The default currency for the dividend will depend as follows:
| ||||||||||||||||
| 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. | ||||||||||||||||
| 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 16th August 2023 and will be communicated by the Company on 17th August 2023. | ||||||||||||||||
| Payment Date | On or around 30th August 2023, the interim dividend will be paid electronically to shareholders whose names appear on the Register of Members as of 17th August 2023, and who have completed the e-dividend registration and mandated the Registrar to pay their interim dividend directly into their Bank accounts. | ||||||||||||||||
| 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.
| ||||||||||||||||
| 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. | ||||||||||||||||
| Enquiries | Enquiries on opening of account and payment of dividend should be directed to the appropriate Registrar. For all other enquiries, kindly contact:
| ||||||||||||||||
| Summary of Key Dates | |||||||||||||||||
| 28 July 2023 | Dividend announcement date | ||||||||||||||||
| 16 August 2023 | London Stock Exchange: Ex-Dividend Date Date for determining Naira exchange rate | ||||||||||||||||
| 17 August 2023 | Nigerian Exchange Limited: Qualification date London Stock Exchange: Associated Record Date Naira exchange rate will be communicated to shareholders | ||||||||||||||||
| 18 August 2023 | Nigerian Exchange Limited: Register Close Date | ||||||||||||||||
| 30 August 2023 | Dividend Payment Date | ||||||||||||||||
Dated this 28th day of July 2023
Signed:
Mr. Emeka Onwuka
Chief Financial Officer
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
