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Seplat Plc Announces Voting Rights and Issued Share Capital

Proshare

Friday, February 02, 2018 /9:05 AM /NSE 


The following announcement is being made in accordance with Rule 14 of the Nigerian Stock Exchange Amended Listing Rules and Article 17 – 19 of the UK Market Abuse Regulations 2016. 

In exercise of the powers granted to the Board of Directors of the Company, by the Shareholders at the Annual General Meeting held on 30th June 2014 to implement the IPO award and other remuneration of the top Management and Directors as disclosed in the IPO Prospectus, 25,000,000 ordinary shares of SEPLAT has been allotted to Stanbic IBTC Trustees Limited as Custodian in furtherance of the Company's Long Term Incentive Plan. These shares have also been formally listed on the Nigerian Stock Exchange. 

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In light of the above, SEPLAT's share capital now consists of 588,444,561 ordinary shares of N0.50k each, all with voting rights. 

Therefore, the figure of 588,444,561 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in SEPLAT under the NSE Rules and the UK Market Abuse Regulations 2016. 

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