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Share Name Share Symbol Market Type Share ISIN Share Description
Seplat Energy Plc LSE:SEPL London Ordinary Share NGSEPLAT0008 ORD NGN0.50 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 1.69% 120.00 116.00 120.00 119.50 111.50 119.50 473,350 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 542.2 131.1 17.7 6.2 676

Seplat Petroleum Development Co PLC Proposed 2020 Dividend Currency Exchange Rates

04/05/2021 11:00am

UK Regulatory (RNS & others)


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RNS Number : 4371X

Seplat Petroleum Development Co PLC

04 May 2021

ANNOUNCEMENT OF CURRENCY EXCHANGE RATES FOR PROPOSED FINAL DIVIDEND FOR 2020

Lagos and London, 4(th) May 2021: Seplat Petroleum Development Company Plc ("Seplat" or the "Company"), a leading Nigerian independent oil and gas company listed on both the Nigerian Exchange Limited and London Stock Exchange, today confirms that the following currency exchange rates will be applicable in determination of the proposed final dividend for 2020 to any shareholder that qualifies for and has elected to receive the dividend payment in Naira or GBP:

Exchange Rate

1 USD = 410.24 Naira

1 USD = 0.7197 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 30(th) April 2021.

The closing date for Dividend currency election to the Company's Registrars is 18(th) May 2021. 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 1(st) March 2021 for definition of default currencies and dividend currency election forms can be found on the company website at https://seplatpetroleum.com/investors/dividend .

Dated 4(th) May 2021.

Signed:

 
 
 

Mr. Emeka Onwuka

(Chief Financial Officer)

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END

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May 04, 2021 06:00 ET (10:00 GMT)

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