Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), has declared an interim dividend of US$0.046 per ordinary share for the half year ended June 30, 2025.
The announcement, made on Tuesday, confirms that payment will be made to shareholders whose names appear in the Register of Members as at the close of business on August 13, 2025, subject to applicable withholding tax.
Dividend Details and Key Dates
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Dividend Rate: US$0.046 per ordinary share of 50 kobo each
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Qualification Date: August 13, 2025
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Ex-Dividend Date (LSE): August 12, 2025
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Register Closure: August 14, 2025
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Payment Date: On or around August 28, 2025
The dividend will be paid in both Naira and US Dollars, with default currency determined by shareholders’ registration status:
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Naira Payments: Shareholders on the NGX without a valid Nigerian Certificate of Capital Importation (CCI).
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US Dollar Payments: Shareholders on the NGX with a valid CCI, and all shareholders holding through depositary interests on the LSE.
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Exchange Rate: The rate applicable for Naira payments will be determined on August 12, 2025, and communicated by the company the following day.
Registrar and E-Dividend Registration
Seplat Energy has advised shareholders yet to complete e-dividend registration to obtain and submit the mandate forms from the websites of Datamax Registrars Limited (Nigeria) or Seplat Energy. Holders of shares via LSE depositary interests are required to provide account details to the UK depositary, Computershare.
Management Comment
The interim dividend reflects Seplat Energy’s consistent commitment to delivering shareholder value. According to Eleanor Adaralegbe, Chief Financial Officer, the decision aligns with the company’s strong half-year performance and ongoing capital management strategy.
The company highlighted that enquiries regarding dividend payment and account opening should be directed to the registrars, while broader investor relations queries can be addressed to the Seplat Energy Investor Relations team.
Summary of Key Dates
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July 30, 2025: Dividend Announcement
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August 12, 2025: Ex-Dividend Date (LSE) & FX Rate Determination
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August 13, 2025: Qualification Date (NGX) & Associated Record Date (LSE)
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August 14, 2025: Register Closure (NGX)
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August 28, 2025: Dividend Payment
