REG - Seplat Energy PLC - Corporate Announcement - Interim Dividend Payment

Seplat EnergyAnnouncement

28/07/2022 07:45

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RNS Number : 0579U  Seplat Energy PLC  28 July 2022

 

 

 

 

CORPORATE ANNOUNCEMENT

 

 

Lagos and London, 28(th) July 2022:  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 USD2.5cents (United States Two point Five 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 12(th) August 2022

 

 

 Period Ended               30(th) June 2022
 Dividend Announcement      28(th) July 2022

 Date
 Dividend                   An Interim Dividend of US2.5cents (United States Two Point Five 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 12(th) August 2022.

 Closure of Register        To enable Seplat Energy's Registrar, Datamax Registrars Limited, prepare for
                            the payment of the interim dividend, the Register of Shareholders will be
                            closed on 15(th) August 2022.

 Qualification Date         Close of Business on 12(th) August 2022.

                            Note that on the London Stock Exchange: The Associated Record Date will be
                            12(th) August 2022 and the Ex-Dividend date will be 11(t)(h) August 2022.

 Dividend Currency          The default currency and options on currency election 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.  However, those shareholders may
                            instead elect to receive their entire dividend payment in pounds
                            sterling. Partial elections are not permissible.
 Shareholders Options       Shareholders who have a dividend currency option, must make the election to
                            the Company's Registrars by 26(th) August 2022, otherwise the dividend will be
                            paid in the default currency.  The election form will be sent out to the
                            relevant shareholders and can also be found on the Company website
                            https://seplatenergy.com/investors/dividend/
                            (https://seplatenergy.com/investors/dividend/) . Those 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.
 Determination of Exchange  The exchange rate for the Naira or Pounds Sterling amounts payable will be

                          determined by reference to the relevant exchange rates applicable to the US
 Rate                       dollar on 11(th) August 2022 and will be communicated by the Company on 12(th)
                            August 2022.
 Payment Date               On or around 9(th) September 2022, the interim dividend will be paid
                            electronically to shareholders whose names appear on the Register of Members
                            as of 12(th) August 2022, 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 Registrar's E-Dividend Mandate Activation Form
                            (http://sec.gov.ng/public-notice-the-e-dividend-mandate-activation-forms-of-various-registrars-are-now-available-for-download/)
                            , 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 (http://www.datamaxregistrars.com)   Web: www.computershare.com (http://www.computershare.com/)
                            Email: datamax@datamaxregistrars.com                                Telephone: +44 (0)370 702 0003
 Unclaimed Dividend         Shareholders with dividend warrants and share certificates that have remained

                          unclaimed or are yet to be presented for payment or returned for validation
 Warrants and Share         are advised to complete the e-dividend registration or contact the Registrar.

 Certificates
 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
                            Carl Franklin / Ayeesha Aliyu - Investor Relations
                            Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400

                            Email:  ir@seplatenergy.com (mailto:ir@seplatenergy.com)
                            FTI Consulting

                            Ben Brewerton / Chris Laing

                            Phone: +44 (0) 203 727 1000

                            Email:seplat@fticonsulting.com (mailto:seplat@fticonsulting.com)
 Summary of Key Dates
 28(th) July 2022           Dividend announcement date
 11(th) August 2022         London Stock Exchange: Ex-Dividend Date

                            Date for determining foreign exchange rate
 12(th) August 2022         Nigerian Exchange Limited: Qualification date

                            London Stock Exchange: Associated Record Date

                            Foreign exchange rates will be communicated to shareholders

 15(th) August 2022         Nigerian Exchange Limited: Register Close Date

 26(th) August 2022         Closing date for election to the Company's Registrars of foreign exchange
                            rates
 9(th) September 2022       Dividend Payment Date

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
 Emeka Onwuka, CFO
 Carl Franklin / Ayeesha Aliyu - Investor Relations
 Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400

 Email:  ir@seplatenergy.com (mailto:ir@seplatenergy.com)
 FTI Consulting

 Ben Brewerton / Chris Laing

 Phone: +44 (0) 203 727 1000

 Email:seplat@fticonsulting.com (mailto:seplat@fticonsulting.com)

Summary of Key Dates

28(th) July 2022

Dividend announcement date

11(th) August 2022

London Stock Exchange: Ex-Dividend Date

Date for determining foreign exchange rate

12(th) August 2022

Nigerian Exchange Limited: Qualification date

London Stock Exchange: Associated Record Date

Foreign exchange rates will be communicated to shareholders

 

15(th) August 2022

Nigerian Exchange Limited: Register Close Date

 

26(th) August 2022

Closing date for election to the Company's Registrars of foreign exchange
rates

9(th) September 2022

Dividend Payment Date

 

 

 

 

Dated this 28(th) day of July 2022

 

Signed:

 

 

Mr. Emeka Onwuka

Chief Financial
Officer

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