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

Genel EnergyAnnouncement

24/04/2023 12:15

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

   24-Apr-2023 / 12:00 GMT/BST

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   24 April 2023

    

                                Genel Energy plc

                                        

                   Notice of dividend currency exchange rate

    

   At the Annual General Meeting on 11 May 2023, 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 21 April 2023, in relation to the year  ending
   31 December 2022.

    

   The Company announces  that the  Bloomberg spot  rate used  to convert  US
   dollars into pounds  sterling at 18:30  London time on  21 April 2023  was
   $1:£0.8049, and hence it is proposed a dividend of 9.6588 pence per  share
   be paid on 19 May 2023.

    

                                     -ends-

    

   For further information, please contact:

    

   Genel Energy
                                         +44 20 7659 5100
   Andrew Benbow, Head of Communications
                                          
   Vigo Consulting
                                         +44 20 7390 0230
   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 Kurdistan Region of  Iraq,
   and a committed dividend programme that is material and sustainable. Genel
   continues to seek opportunities to  add new resilient and  cash-generative
   assets to its portfolio, with the goal of progressing its dividend in  the
   long-term. For further information, please refer to  1 www.genelenergy.com

    

    

    

    

    

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          JE00B55Q3P39, NO0010894330
   Category Code: MSCM
   TIDM:          GENL
   LEI Code:      549300IVCJDWC3LR8F94
   Sequence No.:  239117
   EQS News ID:   1615291


    
   End of Announcement EQS News Service

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