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. |
Ǫualification 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:
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 May 14, 2026, and will be communicated by the Company on May 15, 2026. |
Payment Date | On or around May 2G, 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 Registrars | 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. |
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 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 | |
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: Ǫualification 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 |
Eleanor Adaralegbe Chief Financial Officer