SEPL Seplat Energy Plc

TIDMSEPL

RNS Number : 6266R

Seplat Energy PLC

30 October 2023

CORPORATE ANNOUNCEMENT

Lagos and London, 30(th) 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 10(th) November 2023.

 
 Period Ended              30(th) September 2023 
 Dividend Announcement     30(th) October 2023 
  Date 
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        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 10(th) November 2023. 
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 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 13(th) November 2023. 
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 Qualification Date        Close of Business on 10(th) November 2023. 
                            Note that on the London Stock Exchange: The 
                            Associated Record Date will be 10(th) November 
                            2023 and the Ex-Dividend date will be 9(th) 
                            November 2023. 
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 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. 
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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 Nigerian Registrars, 
                            DataMax Registrars Limited ("DataMax"), of that 
                            fact. 
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 Determination of          The exchange rate for the Naira amounts payable 
  Exchange                  will be determined by reference to the relevant 
  Rate                      exchange rates applicable to the US dollar on 
                            9(th) November 2023 and will be communicated 
                            by the Company on 10(th) November 2023. 
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 Payment Date              On or around 24(th) November 2023, the interim 
                            dividend will be paid electronically to shareholders 
                            whose names appear on the Register of Members 
                            as of 10(th) November 2023 , and who have completed 
                            the e-dividend registration and mandated the 
                            Registrar to pay their interim dividend directly 
                            into their Bank accounts. 
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 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 
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 Unclaimed Dividend        Shareholders with dividend warrants and share 
  Warrants and Share        certificates that have remained unclaimed or 
  Certificates              are yet to be presented for payment or returned 
                            for validation are advised to complete the e-dividend 
                            registration or contact the Registrar. 
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 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 
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 Summary of Key Dates 
 30 October 2023           Dividend announcement date 
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 9 November 2023           London Stock Exchange: Ex-Dividend Date 
                            Date for determining foreign exchange rate 
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 10 November 2023          Nigerian Exchange Limited: Qualification date 
                            London Stock Exchange: Associated Record Date 
                            Foreign exchange rates will be communicated 
                            to shareholders 
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 13 November 2023          Nigerian Exchange Limited: Register Close Date 
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 24 November 2023          Dividend Payment Date 
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Dated this 30(th) day of October 2023

Signed:

Mr. Emeka Onwuka

Chief Financial Officer

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October 30, 2023 03:00 ET (07:00 GMT)