REG - Seplat Energy PLC - Q3 2023 Interim Dividend Anouncement

Seplat EnergyAnnouncement

30/10/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231030:nRSd6266Ra&default-theme=true

RNS Number : 6266R  Seplat Energy PLC  30 October 2023

 

 

CORPORATE ANNOUNCEMENT

Lagos and London, 30(th) October 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 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 10(th) November 2023.

 Period Ended               30(th) September 2023
 Dividend Announcement      30(th) October 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 10(th) November 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 13(th) November 2023.
 Qualification Date         Close of Business on 10(th) November 2023.

                            Note that on the London Stock Exchange: The Associated Record Date will be
                            10(th) November 2023 and the Ex-Dividend date will be 9(th) November 2023.
 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.
                               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.
 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 SEPLAT's Nigerian Registrars, DataMax Registrars Limited
                            ("DataMax"), of that fact.
 Determination of Exchange  The exchange rate for the Naira amounts payable will be determined by

                          reference to the relevant exchange rates applicable to the US dollar on 9(th)
 Rate                       November 2023 and will be communicated by the Company on 10(th) November 2023.
 Payment Date               On or around 24(th) November 2023, the interim dividend will be paid
                            electronically to shareholders whose names appear on the Register of Members
                            as of 10(th) November 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 %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 Ransome 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
                            James Thompson / 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 / Sara Powell

                            Phone: +44 (0) 203 727 1000

                            Email:seplat@fticonsulting.com (mailto:seplat@fticonsulting.com)
 Summary of Key Dates
 30 October 2023            Dividend announcement date
 9 November 2023            London Stock Exchange: Ex-Dividend Date

                            Date for determining foreign exchange rate
 10 November 2023           Nigerian Exchange Limited: Qualification date

                            London Stock Exchange: Associated Record Date

                            Foreign exchange rates will be communicated to shareholders
 13 November 2023           Nigerian Exchange Limited: Register Close Date
 24 November 2023           Dividend Payment Date

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 SEPLAT's Nigerian Registrars, DataMax Registrars Limited
("DataMax"), of that fact.

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 9(th)
November 2023 and will be communicated by the Company on 10(th) November 2023.

Payment Date

On or around 24(th) November 2023, the interim dividend will be paid
electronically to shareholders whose names appear on the Register of Members
as of 10(th) November 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 %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 Ransome 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
 James Thompson / 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 / Sara Powell

 Phone: +44 (0) 203 727 1000

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

Summary of Key Dates

30 October 2023

Dividend announcement date

9 November 2023

London Stock Exchange: Ex-Dividend Date

Date for determining foreign exchange rate

10 November 2023

Nigerian Exchange Limited: Qualification date

London Stock Exchange: Associated Record Date

Foreign exchange rates will be communicated to shareholders

13 November 2023

Nigerian Exchange Limited: Register Close Date

24 November 2023

Dividend Payment Date

 

Dated this 30(th) day of October 2023

 

Signed:

 

 

 

Mr. Emeka Onwuka

Chief Financial Officer

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVFEEEDUEDSEIS