REG - Seplat Energy PLC - CORPORATE ANNOUNCEMENT

Seplat EnergyAnnouncement

30/07/2025 07:02

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RNS Number : 0874T  Seplat Energy PLC  30 July 2025

 

 

CORPORATE ANNOUNCEMENT

Lagos and London, July 30, 2025:  Seplat Energy Plc ("Seplat Energy" 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 US4.6 cents (United States Four point Six cents)
per Ordinary Share (subject to appropriate WHT) to be paid to Seplat Energy's
shareholders whose names appear in the Register of Members as at the close of
business on August 13, 2025.

 Period Ended                                        June 30, 2025
 Dividend Announcement Date                          July 30, 2025
 Dividend                                            An Interim Dividend of US4.6 cents (United States Four point Six 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 August 13, 2025.
 Closure of Register                                 To enable Seplat Energy's Registrar, Datamax Registrars Limited ("DataMax"),
                                                     prepare for the payment of the interim dividend, the Register of Shareholders
                                                     will be closed on August 14, 2025.
 Qualification Date                                  Close of Business on August 13, 2025.

                                                     Note that on the London Stock Exchange: The Associated Record Date will be
                                                     August 13, 2025, and the Ex-Dividend date will be August 12, 2025.
 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.  Evidence of the CCI must be provided to Datamax. However,
                                                     those shareholders may instead elect to receive their entire dividend payment
                                                     in Naira (partial elections are not permissible); 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.
 Shareholders Options                                The dividend will be paid in US Dollars and Naira only. The shareholders
                                                     holding their shares on the Nigerian Exchange Limited who hold a valid CCI
                                                     should notify DataMax of that fact. Those who hold a valid CCI but wish to
                                                     receive their dividends in Naira, should also inform Datamax and complete an
                                                     e-mandate Form. The e-mandate form can be downloaded from the website of
                                                     DataMax at https://www.datamaxregistrars.com
                                                     (https://www.datamaxregistrars.com)
 Determination of Exchange Rate                      The exchange rate for the Naira amounts payable will be determined by
                                                     reference to the relevant exchange rates applicable to the US dollar on August
                                                     12, 2025, and will be communicated by the Company on August 13, 2025.
 Payment Date                                        On or around August 28, 2025, the interim dividend will be paid electronically
                                                     to shareholders whose names appear on the Register of Members as of August 13,
                                                     2025 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 form either from DataMax Registrars Limited's website at
                                                     http://www.datamaxregistrars.com (http://www.datamaxregistrars.com) or from
                                                     Seplat Energy's website at
                                                     https://www.seplatenergy.com/investors/dividend-information/
                                                     (https://www.seplatenergy.com/investors/dividend-information/) , complete and
                                                     submit to Datamax 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 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
                                                     Eleanor Adaralegbe - CFO                                                       +44 203 725 6500
                                                     James Thompson - Head, Investor Relations
                                                     Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400                              +234 12 770 400

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

                                                     Ben Brewerton / Chris Laing

                                                     Phone: +44 (0) 203 727 1000

                                                     Email:seplatenergy@fticonsulting.com (mailto:seplatenergy@fticonsulting.com)
 Summary of Key Dates
 July 30, 2025                                       Dividend announcement date
 August 12, 2025                                     London Stock Exchange: Ex-Dividend Date

                                                     Date for determining foreign exchange rate
 August 13, 2025                                     Nigerian Exchange Limited: Qualification date

                                                     London Stock Exchange: Associated Record Date

                                                     Foreign exchange rates will be communicated to shareholders
 August 14, 2025                                     Nigerian Exchange Limited: Register Close Date
 August 28, 2025                                     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
 Eleanor Adaralegbe - CFO                                                       +44 203 725 6500
 James Thompson - Head, Investor Relations
 Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400                              +234 12 770 400

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

 Ben Brewerton / Chris Laing

 Phone: +44 (0) 203 727 1000

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

Summary of Key Dates

July 30, 2025

Dividend announcement date

August 12, 2025

London Stock Exchange: Ex-Dividend Date

Date for determining foreign exchange rate

August 13, 2025

Nigerian Exchange Limited: Qualification date

London Stock Exchange: Associated Record Date

Foreign exchange rates will be communicated to shareholders

August 14, 2025

Nigerian Exchange Limited: Register Close Date

August 28, 2025

Dividend Payment Date

Dated this 30(th) day of July 2025

Signed:

 

 

Eleanor Adaralegbe

Chief Financial Officer

 

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