Seplat Energy Plc, has confirmed that the following currency exchange rates will be applicable in determining the interim dividend for Q2 2021 to any shareholder that qualifies for and has elected to receive the dividend payment in Naira or GBP:
Exchange Rate:
1 USD = 411.14 Naira
1 USD = 0.7224 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 11th August 2021.
The closing date for dividend currency election to the Company’s Registrars is 27th August 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 29th July 2021 for definition of default currencies and dividend currency election forms can be found on the company website at https://seplatpetroleum.com/investors/dividend.