REG - Seplat Energy PLC - ANNOUNCEMENT OF CURRENCY EXCHANGE RATES

Seplat EnergyAnnouncement

18/04/2023 10:45

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RNS Number : 5951W  Seplat Energy PLC  18 April 2023

 

 

 

 

 

 

ANNOUNCEMENT OF CURRENCY EXCHANGE RATES FOR 2022 FINAL AND SPECIAL DIVIDEND

Lagos and London, 18(th) April 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 confirms that the
following currency exchange rates will be applicable in determining the final
dividend for 2022 and the special dividend to any shareholder that qualifies
for and has elected to receive the dividend payment in Naira or Sterling
(GBP):

Exchange Rate

1 USD = 462.25 NGN

1 USD = 0.8069 GBP

The exchange rate for the Naira or Pound Sterling amounts payable was
determined by reference to the exchange rates applicable to the US dollar
available on April 17, 2023.

The closing date for dividend currency election to the Company's Registrars is
May 3, 2023. 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
February 28, 2023 for definition of default currency and dividend currency
election forms can be found on the company website at
https://seplatenergy.com/investors/dividend
(https://seplatpetroleum.com/investors/dividend) -information/.

 

          Dated April 18, 2023

 

          Signed:

 

 

 

Emeka Onwuka

        Chief Financial Officer

 

 

 

 

 

 

 

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