Seplat Energy Plc has notified the Nigerian Exchange Limited and the investing public of the currency exchange rates of 1 USD to 1,570.99 NGN for Q2 2024 interim dividend.
In a circular signed by the Company’s CFO, Eleanor Adaralegbe, Seplat stated thus:
The Company today (August 13, 2024) confirms that the below currency exchange rate is applicable in determining Q2 2024 interim dividend to shareholders that will receive the dividend payment in Naira (NGN): The exchange rate for the Naira amounts payable is the NAFEM closing rate for August 12, 2024.
Exchange Rate 1 USD = 1,570.99 NGN
Shareholders should refer to the Company’s announcement on July 30, 2024 for definition of default currency on the company website at https://www.seplatenergy.com/investors/regulatoryannouncements/