Corporate Announcement

Summary by AI BETAClose X

Seplat Energy Plc has announced a combined interim and special dividend of US12 cents per Ordinary Share, comprising an interim dividend of US5 cents and a special dividend of US7 cents. Shareholders registered by August 13, 2026, will receive this dividend, which will be paid on or around August 28, 2026, with the exchange rate for Naira payments determined on August 12, 2026. The company has also provided specific dates for ex-dividend and register closure for both the Nigerian Exchange Limited and London Stock Exchange.

Disclaimer*

Seplat Energy PLC
30 July 2026
 

 

CORPORATE ANNOUNCEMENT

Lagos and London, July 30, 2026:  Seplat Energy Plc ("Seplat Energy" 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 US5 cents (United States Five Cents) and a special dividend of US7 cents (United States Seven cents) per Ordinary Share (subject to appropriate WHT) to be paid to Seplat Energy's shareholders whose names appear in the Register of Members as at the close of business on August 13, 2026.

Period Ended

June 30, 2026

Dividend Announcement Date

July 30, 2026

Dividend

An Interim Dividend of US5 cents (United States Five Cents) and a special dividend of US7cents (United States Seven 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 August 13, 2026.

Closure of Register

To enable Seplat Energy's Registrar, Datamax Registrars Limited ("DataMax"), prepare for the payment of the dividends, the Register of Shareholders will be closed on August 14, 2026.

Qualification Date

Close of Business on August 13, 2026.

Note that on the London Stock Exchange: The Associated Record Date will be August 13, 2026, and the Ex-Dividend date will be August 12, 2026.

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.  Evidence of the CCI must be provided to Datamax. However, those shareholders may instead elect to receive their entire dividend payment in Naira (partial elections are not permissible); 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 DataMax of that fact. Those who hold a valid CCI but wish to receive their dividends in Naira, should also inform Datamax and complete an e-mandate Form. The e-mandate form can be downloaded from the website of DataMax at https://www.datamaxregistrars.com

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 August 12, 2026, and will be communicated by the Company on August 13, 2026.

Payment Date

On or around August 28, 2026, the interim dividends will be paid electronically to shareholders whose names appear on the Register of Members as of August 13, 2026, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

E-Dividend Registration

Shareholders who are yet to complete the e-dividend registration are advised to download the form either from DataMax Registrars Limited's website at http://www.datamaxregistrars.com or from Seplat Energy's website at https://www.seplatenergy.com/investors/dividend-information/, complete and submit to Datamax 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

Web: 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


Eleanor Adaralegbe - CFO


James Thompson - Head, Investor Relations


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

Email:  ir@seplatenergy.com


FTI Consulting

Ben Brewerton / Chris Laing

Phone: +44 (0) 203 727 1000

Email:seplatenergy@fticonsulting.com


Summary of Key Dates

July 30, 2026

Dividend announcement date

August 12, 2026

London Stock Exchange: Ex-Dividend Date

Date for determining foreign exchange rate

August 13, 2026

Nigerian Exchange Limited: Qualification date

London Stock Exchange: Associated Record Date

Foreign exchange rates will be communicated to shareholders

August 14, 2026

Nigerian Exchange Limited: Register Close Date

August 28, 2026

Dividend Payment Date

 

Dated this 30th day of July 2026

Signed:

 

 

Eleanor Adaralegbe

Chief Financial Officer 

Enquiries

 

 

Seplat Energy Plc

Eleanor Adaralegbe

Chief Financial Officer

Edith Onwuchekwa

Director, Legal/Company Secretary 

James Thompson

GM, Investor Relations                    

Chioma Afe

Director, External Affairs and Social Performance

FTI Consulting

Ben Brewerton / Chris Laing 

+ 44 (0) 203 727 1000        

seplatenergy@fticonsulting.com           

 

About Seplat Energy

Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed on the Premium Board of the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the London Stock Exchange (LSE: SEPL). Through our strategy to build a sustainable business and deliver energy transition, we are transforming lives by delivering affordable, reliable and sustainable energy that drives social and economic prosperity.

 

Seplat Energy's portfolio consists of 11 PMLs, 17 PPLs and 5 OMLs in onshore and shallow water locations in the prolific Niger Delta region of Nigeria, the majority of which we operate with partners including the Nigerian Government and other producers. Furthermore, we have an operated interest in three export terminals including; the Qua Iboe export terminal (QIT), Yoho FSO, and Bonny River Terminal (BRT), and operate two large offshore NGL recovery plants at Oso and EAP.

 

We operate three gas processing plants onshore, at Oben and Sapele on our Western Assets and the 300 MMscfd ANOH Gas Processing Plant on our Eastern Assets, an integrated joint venture with NGIC. Combined, these gas facilities augment Seplat Energy's position as a leading supplier of natural gas to the domestic power generation market.

 

For further information please refer to our website, https://www.seplatenergy.com/.

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