VVO.L Regulatory News (VVO)

4 March 2020

Vivo Energy plc

LSE:VVO / JSE:VVO

Dividend Declaration

As set out in the Vivo Energy plc 2019 Full Results announcement released earlier today, the Company is pleased to declare a final dividend in respect of the financial period ended 31 December 2019 of 2.64598 US cents per share, payable on 08 June 2020 to ordinary shareholders on the register as at 15 May 2020.

The default payment for dividends is in US dollars. However, shareholders who hold their shares through the London Stock Exchange can elect to have dividends paid in pounds sterling (GBP) by completing a Dividend Currency Election Form (the 'Form'). A copy of the Form can be found on the Company's website at http://investors.vivoenergy.com/shareholder-information/dividend-information. The option to elect a pound sterling dividend payment for this dividend will be available to shareholders until 15 May 2020, by which date the Form needs to be returned duly completed to Link Asset Services, Shareholder Solutions, 34 Beckenham Road, Beckenham, Kent, BR3 4TU. All enquiries regarding the Form should be sent to the same address or Telephone Link Asset Services on: 0871 664 0300 (and if outside the United Kingdom (UK) on: +44 371 664 0300). Calls cost 12p per minute plus your phone company's access charge. Calls outside the UK will be charged at the applicable international rate. Lines are open Monday-Friday 9:00-17.30 (BST).

 CREST shareholders must elect via CREST.

The pounds sterling equivalent dividend payment will be announced on or around 25 May 2020.

Shareholders who hold shares through the Johannesburg Stock Exchange will receive their dividend in South African rand. For shareholders on our South African share register a dividend of R0.40813 per share will be paid on 08 June 2020, using an exchange rate of 15.42460 US$/ZAR.

A timetable of events in relation to the dividend is set out below:

South African shareholders should note that, in accordance with the requirements of Strate, the last day to trade cum-dividend will be Wednesday, 12 May 2020 and that no dematerialisation or rematerialisation of shares will be possible from 13 to 15 May 2020 inclusive. No transfers between the UK and South African registers may take place from 4 March 2020 to 15 May 2020 both dates inclusive. For those shareholders subject to South African Dividend Tax, this will be withheld at the rate of 20% from the amount of the gross dividend of R0.40813 per share paid to South African shareholders, unless a shareholder qualifies for exemption. After the Dividend Tax has been withheld, the net dividend will be R0.32651 per share.

If you are uncertain as to the tax treatment of any dividends you should consult with your own tax advisor.

The Company had a total of 1,266,073,050 ordinary shares in issue at today's date.

Ends

Notes to editors:

About Vivo Energy:

Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,200 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs around 2,600 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.

For more information about Vivo Energy please visit www.vivoenergy.com