SEPL Seplat Energy Plc

TIDMSEPL

RNS Number : 4849H

Seplat Energy PLC

28 July 2023

CORPORATE ANNOUNCEMENT

Lagos and London, 28(th) July 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 17(th) August 2023.

 
 Period Ended              30(th) June 2023 
 Dividend Announcement     28(th) July 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 17(th) August 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 18(th) 
                            August 2023. 
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 Qualification             Close of Business on 17(th) August 2023 . 
  Date                      Note that on the London Stock Exchange: The Associated 
                            Record Date will be 17(th) August 2023 and the Ex-Dividend 
                            date will be 16(th) August 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              The dividend will be paid in US Dollars and Naira 
  Options                   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             The exchange rate for the Naira amounts payable will 
  of Exchange               be determined by reference to the relevant exchange 
  Rate                      rates applicable to the US dollar on 16(th) August 
                            2023 and will be communicated by the Company on 17(th) 
                            August 2023. 
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 Payment Date              On or around 30(th) August 2023, the interim dividend 
                            will be paid electronically to shareholders whose 
                            names appear on the Register of Members as of 17(th) 
                            August 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 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 
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 Unclaimed Dividend        Shareholders with dividend warrants and share certificates 
  Warrants and              that have remained unclaimed or are yet to be presented 
  Share                     for payment or returned for validation are advised 
  Certificates              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                  +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 / Sara Powell 
                             Phone: +44 (0) 203 727 1000 
                             Email: seplat@fticonsulting.com 
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 Summary of Key Dates 
 28 July 2023              Dividend announcement date 
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 16 August 2023            London Stock Exchange: Ex-Dividend Date 
                            Date for determining Naira exchange rate 
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 17 August 2023            Nigerian Exchange Limited: Qualification date 
                            London Stock Exchange: Associated Record Date 
                            Naira exchange rate will be communicated to shareholders 
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 18 August 2023            Nigerian Exchange Limited: Register Close Date 
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 30 August 2023            Dividend Payment Date 
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Dated this 28(th) day of July 2023

Signed:

Mr. Emeka Onwuka

Chief Financial Officer

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July 28, 2023 02:00 ET (06:00 GMT)