Seplat Petroleum Development Co PLC Q3 2019 Interim Dividend Currency Exchange Rates (0923T)
12 Novembre 2019 - 12:00PM
UK Regulatory
TIDMSEPL
RNS Number : 0923T
Seplat Petroleum Development Co PLC
12 November 2019
Seplat Petroleum Development Company Plc
ANNOUNCEMENT OF Q3 2019 INTERIM DIVIDEND CURRENCY EXCHANGE
RATES
Lagos and London, 12(th) November 2019: Seplat Petroleum
Development Company Plc ("Seplat" or the "Company"), a leading
Nigerian independent oil and gas company listed on both the
Nigerian Stock Exchange and London Stock Exchange, today confirms
that the following currency exchange rates will be applicable in
determination of the Q3 2019 interim dividend payment to any
shareholders that qualify for and have elected to receive the Q3
2019 interim dividend payment in Naira or GBP:
Exchange Rate
1 USD = 306.40 Naira
1 USD = 1.2831 GBP
The exchange rate for the Naira amounts payable was determined
by reference to the exchange rates applicable to the US dollar
available on 8(th) November 2019 (11(th) November previously
announced was a public holiday in Nigeria) and the exchange rate
for Pounds Sterling amounts payable was determined by reference to
the exchange rates applicable to the US dollar available on 11(th)
November 2019.
The closing date for Dividend currency election to the Company's
Registrars is 27(th) November 2019. In the absence of a qualifying
Dividend currency election by shareholders to the appropriate
Registrar, dividends will be paid in their default currency.
Shareholders should refer to the Company's announcement on 29(th)
October 2019 for definition of default currencies and dividend
currency election forms can be found on the company website at
https://seplatpetroleum.com/investors/dividend.
Dated 12(th) November 2019
Signed:
Mr. Roger Brown
(Chief Financial Officer)
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END
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