REG - Seplat Energy PLC - Interim Dividend Announcement

Seplat EnergyAnnouncement

27/04/2023 07:00

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RNS Number : 6191X  Seplat Energy PLC  27 April 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CORPORATE ANNOUNCEMENT

 

Lagos and London, 27(th) April 2023:  Seplat Energy Plc ("Seplat" or the
"Company"), a leading indigenous Nigerian energy company listed on both the
Nigerian Exchange Limited ("NGX") and London Stock Exchange ("LSE"), today
announces an interim dividend at a rate of US3 cents (United States Three
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 18(th) May 2023.

 

 

 Period Ended               31(st) March 2023
 Dividend Announcement      27(th) April 2023

 Date
 Dividend                   An Interim Dividend of US3 cents (United States Three 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 18(th) May 2023.

 Closure of Register        To enable SEPLAT's Registrar, Datamax Registrars Limited, prepare for the
                            payment of the interim dividend, the Register of Shareholders will be closed
                            on 19(th) May 2023.

 Qualification Date         Close of Business on 18(th) May 2023.

                            Note that on the London Stock Exchange: The Associated Record Date will be
                            18(th) May 2023 and the Ex-Dividend date will be 17(t)(h) May 2023.

 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 2(nd) June 2023, 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 17(th) May 2023 and will be communicated by the Company on 18(th)
                            May 2023.
 Payment Date               On or around 16(th) June 2023, the interim dividend will be paid
                            electronically to shareholders whose names appear on the Register of Members
                            as of 18(th) May 2023, 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/)
                            , which is also available
                            on:http://www.datamaxregistrars.com/images/forms/seplate_e-mandate
                            (http://www.datamaxregistrars.com/images/forms/seplate_e-mandate%20%20form.pdf)
                            (http://www.datamaxregistrars.com/images/forms/seplate_e-mandate%20%20form.pdf)
                            %20form.pdf
                            (http://www.datamaxregistrars.com/images/forms/seplate_e-mandate%20%20form.pdf)
                            , 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 Relation

                            Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400

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

                            Ben Brewerton / Sara Powell

                            Phone: +44 (0) 203 727 1000

                            Email:seplat@fticonsulting.com (mailto:seplat@fticonsulting.com)
 Summary of Key Dates
 27 April 2023              Dividend announcement date
 17(th) May 2023            London Stock Exchange: Ex-Dividend Date

                            Date for determining foreign exchange rate
 18(th) May 2023            Nigerian Exchange Limited: Qualification date

                            London Stock Exchange: Associated Record Date

                            Foreign exchange rates will be communicated to Shareholders

 19(th) May 2023            Nigerian Exchange Limited: Register Close Date

 2(nd) June 2023            Closing date for election to the Company's Registrars of foreign exchange
                            rates
 16(th) June 2023           Dividend Payment Date

Shareholders Options

Shareholders who have a dividend currency option, must make the election to
the Company's Registrars by 2(nd) June 2023, 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

Rate

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
dollar on 17(th) May 2023 and will be communicated by the Company on 18(th)
May 2023.

Payment Date

On or around 16(th) June 2023, the interim dividend will be paid
electronically to shareholders whose names appear on the Register of Members
as of 18(th) May 2023, 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/)
, which is also available
on:http://www.datamaxregistrars.com/images/forms/seplate_e-mandate
(http://www.datamaxregistrars.com/images/forms/seplate_e-mandate%20%20form.pdf)
(http://www.datamaxregistrars.com/images/forms/seplate_e-mandate%20%20form.pdf)
%20form.pdf
(http://www.datamaxregistrars.com/images/forms/seplate_e-mandate%20%20form.pdf)
, 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

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 Relation

 Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400

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

 Ben Brewerton / Sara Powell

 Phone: +44 (0) 203 727 1000

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

Summary of Key Dates

27 April 2023

Dividend announcement date

17(th) May 2023

London Stock Exchange: Ex-Dividend Date

Date for determining foreign exchange rate

18(th) May 2023

Nigerian Exchange Limited: Qualification date

London Stock Exchange: Associated Record Date

Foreign exchange rates will be communicated to Shareholders

 

19(th) May 2023

Nigerian Exchange Limited: Register Close Date

 

2(nd) June 2023

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

16(th) June 2023

Dividend Payment Date

 

 

 

 

Dated this 27(th) day of April 2023

 

Signed:

 

 

 

Mr. Emeka Onwuka

Chief Financial
Officer

 

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