Business
2018 Full Year Dividend Currency Exchange Rates
2018 Full Year Dividend Currency Exchange Rates.
About this update from Seplat Energy Plc
[{"type":"text","content":"\n \nRNS Number : 4255T SEPLAT Petroleum Development Co PLC 20 March 2019 \n\nANNOUNCEMENT OF FULL YEAR 2018 FINAL DIVIDEND CURRENCY EXCHANGE RATES\n \nLagos and London, 20th March 2019: Seplat Petroleum Development Company Plc (\"Seplat\" or the \"Company\"), a leading Nigerian independent oil and gas 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 Full Year 2018 final dividend payment to any shareholders that qualify for and have elected to receive the Full Year 2018 dividend payment in Naira or GBP:\nExchange Rate\n1 USD = 306.40 Naira\n1 USD = 0.7536 GBP\n\nThe 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 19th March 2019.\nThe closing date for Dividend currency election to the Company's Registrars is 4th April 2019. 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 6th March 2019 for definition of default currencies and dividend currency election forms can be found on the company website at https://seplatpetroleum.com/investors/policy-documents/ \n \n Dated 20th March 2019\n \n Signed:\n \n Mr Roger Brown\n (Chief Financial Officer) \n\nThis 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 [email protected] or visit www...