REG-Genel Energy PLC Genel Energy PLC: Notice of dividend currency exchange rate

Genel EnergyAnnouncement

20/04/2022 07:00

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   Genel Energy PLC (GENL)
   Genel Energy PLC: Notice of dividend currency exchange rate

   20-Apr-2022 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   20 April 2022

    

                                Genel Energy plc

                                        

                   Notice of dividend currency exchange rate

    

   At the Annual General Meeting on 12 May 2022, shareholders in Genel Energy
   plc ('the Company') are being asked to approve a dividend distribution  of
   12 US cents per  ordinary share, to be  converted into pounds sterling  at
   the spot rate prevailing on 19 April 2022, in relation to the year  ending
   31 December 2021.

    

   The Company announces  that the  Bloomberg spot  rate used  to convert  US
   dollars into pound  sterling at  18.30 London time  on 19  April 2022  was
   $1:£0.7688, and hence it is proposed  a dividend of 9.226 pence per  share
   be paid on 18 May 2022.

    

                                     -ends-

    

   For further information, please contact:

    

   Genel Energy
                                         +44 20 7659 5100
   Andrew Benbow, Head of Communications
                                          
   Vigo Consulting
                                         +44 20 7830 9700
   Patrick d'Ancona 

    

   Notes to editors:

    

   Genel Energy is  a socially responsible  oil producer listed  on the  main
   market   of    the    London    Stock   Exchange    (LSE:    GENL,    LEI:
   549300IVCJDWC3LR8F94). The  Company is  one of  the largest  London-listed
   independent hydrocarbon producers, with an asset portfolio that  positions
   us well for a future of fewer and better natural resources projects. Genel
   has low-cost and low-carbon production from the Sarta, Taq Taq, and  Tawke
   licences in the Kurdistan Region  of Iraq, providing financial  resilience
   that allows  investment  in growth  and  the  payment of  a  material  and
   progressive dividend.  Genel  also  continues  to  pursue  further  growth
   opportunities.    For    further    information,    please    refer     to
    1 www.genelenergy.com.

    

    

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   ISIN:          JE00B55Q3P39, NO0010894330
   Category Code: MSCM
   TIDM:          GENL
   LEI Code:      549300IVCJDWC3LR8F94
   Sequence No.:  156292
   EQS News ID:   1330499


    
   End of Announcement EQS News Service

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References

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