Q3 2020 Interim Dividend Currency Exchange Rates

RNS Number : 2719F
Seplat Petroleum Development Co PLC
13 November 2020
 

 

 

 

 

 

 

 

ANNOUNCEMENT OF Q3 2020 INTERIM DIVIDEND CURRENCY EXCHANGE RATES

 

 

Lagos and London, 13th November 2020:   Seplat Petroleum Development Company Plc ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange and London Stock Exchange,  today confirms that the following currency exchange rates will be applicable in determination of the Q3 2020 interim dividend payment to shareholders that qualify for and have elected to receive the Q3 2020 interim dividend payment in Naira or GBP:

Exchange Rate

1 USD = 385.78 Naira

1 USD = 0.7595 GBP


The exchange rate for the Naira or Pounds Sterling amounts payable was determined by reference to the exchange rates applicable to the US dollar available on 12th November 2020. The Naira rate used is the FMDQ benchmark rate for foreign exchange spot operations in the Investors and Exporters FX Window (NAFEX).

The closing date for Dividend currency election to the Company's Registrars is 28th November 2020. 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 30th October 2020 for definition of default currencies and dividend currency election forms can be found on the Company website at https://seplatpetroleum.com/investors/dividend .

 

  Dated 13th November 2020

 

  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 or visit 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.
 
END
 
 
MSCEAEFDFLLEFFA
UK 100

Latest directors dealings