Q1 2022 Interim Dividend Currency Exchange Rates

RNS Number : 2450N
Seplat Energy PLC
30 May 2022
 

 

 

ANNOUNCEMENT OF CURRENCY EXCHANGE RATES FOR Q1 2022 INTERIM DIVIDEND

Lagos and London, 30th May 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 confirms that the following currency exchange rates will be applicable in determining the Q1 2022 interim dividend to any shareholder that qualifies for and has elected to receive the dividend payment in Naira or Sterling (GBP):

Exchange Rate

1 USD = 418.77 NGN

1 USD = 0.7920 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 27th May 2022.

The closing date for dividend currency election to the Company's Registrars is 15th June 2022. 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 28th April 2022 for definition of default currency and dividend currency election forms can be found on the company website at https://seplatenergy.com/investors/dividend .

 

  Dated 30th May 2022.

 

  Signed:

 

 

 

Emeka Onwuka

         (Chief Financial Officer)  

 

 

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