Seplat Petroleum Development Co PLC FY 2019 Final Dividend Currency Exchange Rates (6207M)
12 Maggio 2020 - 11:00AM
UK Regulatory
TIDMSEPL
RNS Number : 6207M
Seplat Petroleum Development Co PLC
12 May 2020
ANNOUNCEMENT OF FULL YEAR 2019 FINAL DIVIDEND CURRENCY EXCHANGE
RATES
Lagos and London, 12(th) May 2020: 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 Full Year 2019 final dividend payment to any
shareholders that qualify for and have elected to receive the Full
Year 2019 final dividend payment in Naira or GBP:
Exchange Rate
1 USD = 360.50 Naira
1 USD = 0.8086 GBP
The exchange rate for the Naira or Pounds Sterling amounts
payable was determined by reference to the exchange rates
applicable to the US dollar available on 11(th) May 2020.
The closing date for Dividend currency election to the Company's
Registrars is 27(th) May 2020. 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 23(rd)
March 2020 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) May 2020
Signed:
Mr. Roger Brown
(Chief Financial Officer)
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END
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