RNS Number : 9679J
Seplat Energy PLC
29 October 2024
 

CORPORATE ANNOUNCEMENT

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:

·

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.  Evidence of the CCI must be provided to Datamax. However, those shareholders may instead elect to receive their entire dividend payment in Naira (partial elections are not permissible); 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.

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.

 

DataMax Registrars Limited

Computershare

2c Gbagada Expressway

The Pavillions

By Beko Ransom 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

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:

Seplat Energy Plc


Eleanor Adaralegbe, CFO

+44 203 725 6500

James Thompson / Ayeesha Aliyu - Investor Relations


Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400

Email:  ir@seplatenergy.com

+234 12 770 400

 

FTI Consulting

Ben Brewerton / Chris Laing

Phone: +44 (0) 203 727 1000

Email:seplatenergy@fticonsulting.com


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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