Last checked at 29 Apr 2024 07:00
CORPORATE ANNOUNCEMENT
Lagos and London, April 29, 2024: 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 May 31, 2024.
Period Ended | March 31, 2024 |
Dividend Announcement Date | April 29, 2024 |
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 May 31, 2024. |
Closure of Register | To enable SEPLAT's Registrar, Datamax Registrars Limited ("DataMax"), prepare for the payment of the interim dividend, the Register of Shareholders will be closed on June 3, 2024. |
Qualification Date | Close of Business on May 31, 2024. Note that on the London Stock Exchange: The Associated Record Date will be May 31, 2024, and the Ex-Dividend date will be May 30, 2024. |
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. Evidence of the CCI must be provided to Datamax. However, those shareholders may instead elect to receive their entire dividend payment in Naira (partial elections are not permissible); 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 DataMax of that fact. Those who hold a valid CCI but wish to receive their dividends in Naira, should also inform Datamax and complete an e-mandate Form. The e-mandate form can be downloaded from the website of DataMax at http://www.datamaxregistrars.com |
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 May 30, 2024, and will be communicated by the Company on May 31, 2024. |
Payment Date | On or around June 14, 2024, the interim dividend will be paid electronically to shareholders whose names appear on the Register of Members as of May 31, 2024 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 e-mandate form from the website of DataMax at http://www.datamaxregistrars.com, complete and submit to Datamax 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
2c Gbagada Expressway By Beko Ransom Kuti Park Gbagada, Lagos Nigeria Fax: + 234 1 712 0012 Web: www.datamaxregistrars.com Email: datamax@datamaxregistrars.com
Computershare The Pavillions Bridgewater Road Bristol BS13 8AE, United Kingdom Fax: +44 (0)370 703 6101 Web: www.computershare.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 +44 203 725 6500 James Thompson / Ayeesha Aliyu - Investor Relations Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400 / +234 12 770 400 Email: ir@seplatenergy.com
FTI Consulting Ben Brewerton / Sara Powell Phone: +44 (0) 203 727 1000 Email:seplat@fticonsulting.com
|
Summary of Key Dates | |
April 29, 2024 | Dividend announcement date |
May 30, 2024 | London Stock Exchange: Ex-Dividend Date Date for determining foreign exchange rate |
May 31, 2024 | Nigerian Exchange Limited: Qualification date London Stock Exchange: Associated Record Date Foreign exchange rates will be communicated to shareholders |
June 3, 2024 | Nigerian Exchange Limited: Register Close Date |
June 14, 2024 | Dividend Payment Date |
Dated this 29th day of April 2024
Signed:
Mr. Emeka Onwuka
Chief Financial Officer