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RNS Number : 4534U Seplat Energy PLC 26 February 2026
CORPORATE ANNOUNCEMENT
Lagos and London, February 26, 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 a
final dividend at a rate of US5 cents (United States Five Cents) and a special
dividend of US3.3 cents (United States Three point Three 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
May 15, 2026.
Period Ended December 31, 2025
Dividend Announcement Date February 26, 2026
Proposed Dividend An Final Dividend of US5 cents (United States Five Cents) and a Special
Dividend of US3.3 cents (United States Three point Three 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 May 15, 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 May 18, 2026.
Qualification Date Close of Business on May 15, 2026.
Note that on the London Stock Exchange: The Associated Record Date will be May
15, 2026, and the Ex-Dividend date will be May 14, 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
(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 May
14, 2026, and will be communicated by the Company on May 15, 2026.
Payment Date On or around May 29, 2026, the final and special dividends will be paid
electronically to shareholders whose names appear on the Register of Members
as of May 15, 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 (http://www.datamaxregistrars.com) or from
Seplat Energy's website at
https://www.seplatenergy.com/investors/dividend-information/
(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
Registrars Gbagada, Lagos Bristol
Nigeria BS13 8AE, United Kingdom
Fax: + 234 1 712 0012 Fax: +44 (0)370 703 6101
Web: www.datamaxregistrars.com (http://www.datamaxregistrars.com) Web: www.computershare.com (http://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.
Date of Annual General Meeting The Company's Annual General Meeting ("AGM") will be held on May 20, 2026.
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 +44 203 725 6500
James Thompson - Head, Investor Relations
Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400 +234 12 770 400
Email: ir@seplatenergy.com (mailto:ir@seplatenergy.com)
FTI Consulting
Ben Brewerton / Chris Laing
Phone: +44 (0) 203 727 1000
Email:seplatenergy@fticonsulting.com (mailto:seplatenergy@fticonsulting.com)
Summary of Key Dates
February 26, 2026 Dividend announcement date
May 14, 2026 London Stock Exchange: Ex-Dividend Date
Date for determining foreign exchange rate
May 15, 2026 Nigerian Exchange Limited: Qualification date
London Stock Exchange: Associated Record Date
Foreign exchange rates will be communicated to shareholders
May 18, 2026 Nigerian Exchange Limited: Register Close Date
May 20, 2026 AGM Date
May 29, 2026 Dividend Payment Date
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.
Date of Annual General Meeting
The Company's Annual General Meeting ("AGM") will be held on May 20, 2026.
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 +44 203 725 6500
James Thompson - Head, Investor Relations
Phone: +44 (0) 203 725 6500 / +234 (0) 1 277 0400 +234 12 770 400
Email: ir@seplatenergy.com (mailto:ir@seplatenergy.com)
FTI Consulting
Ben Brewerton / Chris Laing
Phone: +44 (0) 203 727 1000
Email:seplatenergy@fticonsulting.com (mailto:seplatenergy@fticonsulting.com)
Summary of Key Dates
February 26, 2026
Dividend announcement date
May 14, 2026
London Stock Exchange: Ex-Dividend Date
Date for determining foreign exchange rate
May 15, 2026
Nigerian Exchange Limited: Qualification date
London Stock Exchange: Associated Record Date
Foreign exchange rates will be communicated to shareholders
May 18, 2026
Nigerian Exchange Limited: Register Close Date
May 20, 2026
AGM Date
May 29, 2026
Dividend Payment Date
Dated this day of February 26, 2026
Signed:
Eleanor Adaralegbe
Chief Financial Officer
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