Source - LSE Regulatory
RNS Number : 6266R
Seplat Energy PLC
30 October 2023
 

 

 

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

Dividend Announcement

Date

30th October 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 10th November 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 13th November 2023.

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.

Dividend Currency

 

The dividend will be paid in Naira and US Dollars only. The default currency for the dividend will depend as follows:

Shareholders holding their shares on the Nigerian Exchange Limited without a valid Nigerian Certificate for Capital Importation ("CCI") will be paid their dividend in Naira as the default currency;

Shareholders holding their shares on the Nigerian Exchange Limited with a valid CCI will be paid their dividend in US dollars as the default currency.  However, those shareholders may instead elect to receive their entire dividend payment in Naira (partial elections are not permissible).  Evidence of the CCI must be provided to Datamax Registrars Limited; and

Shareholders holding their shares through depository interests on the London Stock Exchange will be paid their dividend in US dollars as the default currency. 


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 9th November 2023 and will be communicated by the Company on 10th November 2023.

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.

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.

 

DataMax Registrars Limited

Computershare

2c Gbagada Expressway

The Pavillions

By Beko Ransome Kuti Park

Bridgewater Road

Gbagada, Lagos

Bristol

Nigeria

BS13 8AE, United Kingdom

Fax: + 234 1 712 0012

Fax: +44 (0)370 703 6101

Web: www.datamaxregistrars.com

Web: www.computershare.com

Email: datamax@datamaxregistrars.com

Telephone: +44 (0)370 702 0003


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:

Seplat Energy Plc


Emeka Onwuka, CFO


James Thompson / Ayeesha Aliyu - Investor Relations


Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400

Email:  ir@seplatenergy.com


 

FTI Consulting

Ben Brewerton / Sara Powell

Phone: +44 (0) 203 727 1000

Email:seplat@fticonsulting.com



Summary of Key Dates

30 October 2023

Dividend announcement date

9 November 2023

London Stock Exchange: Ex-Dividend Date

Date for determining foreign exchange rate

10 November 2023

Nigerian Exchange Limited: Qualification date

London Stock Exchange: Associated Record Date

Foreign exchange rates will be communicated to shareholders

13 November 2023

Nigerian Exchange Limited: Register Close Date

24 November 2023

Dividend Payment Date

 

Dated this 30th day of October 2023

 

Signed:

 


 

 

Mr. Emeka Onwuka

Chief Financial Officer 

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