Corporate Announcement: Dividend Declaration
Lagos and London, October 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 US3.6 cents (United States Three point six 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 November 12, 2024.
Period Ended | September 30, 2024 | ||||||||||||||||
Dividend Announcement Date | October 29, 2024 | ||||||||||||||||
Dividend | An Interim Dividend of US3.6 cents (United States Three point Six 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 November 12, 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 November 13, 2024. | ||||||||||||||||
Qualification Date | Close of Business on November 12, 2024. Note that on the London Stock Exchange: The Associated Record Date will be November 12, 2024, and the Ex-Dividend date will be November 11, 2024. | ||||||||||||||||
Dividend Currency | 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 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 November 11, 2024, and will be communicated by the Company on November 12, 2024. | ||||||||||||||||
Payment Date | On or around November 27, 2024, the interim dividend will be paid electronically to shareholders whose names appear on the Register of Members as of November 12, 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.
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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. | ||||||||||||||||
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 | |||||||||||||||||
October 29, 2024 | Dividend announcement date | ||||||||||||||||
November 11, 2024 | London Stock Exchange: Ex-Dividend Date Date for determining foreign exchange rate | ||||||||||||||||
November 12, 2024 | Nigerian Exchange Limited: Qualification date London Stock Exchange: Associated Record Date Foreign exchange rates will be communicated to shareholders | ||||||||||||||||
November 13, 2024 | Nigerian Exchange Limited: Register Close Date | ||||||||||||||||
November 27, 2024 | Dividend Payment Date | ||||||||||||||||
Dated this 29th day of October 2024
Signed:
Eleanor Adaralegbe
Chief Financial Officer
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