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Tuesday, November 12, 2019
/2:34 PM / By NSE / Header Image Credit: Seplat Petroleum Development Company Plc
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 Q3 2019 interim dividend payment to any shareholders that qualify for
and have elected to receive the Q3 2019 interim dividend payment in Naira or
GBP:
Exchange Rate
1 USD = 306.40 Naira
1 USD = 1.2831 GBP
The exchange rate for the Naira amounts payable was
determined by reference to the exchange rates applicable to the US dollar
available on 8 th November 2019 (11th November previously announced was a
public holiday in Nigeria) and the exchange rate for Pounds Sterling amounts
payable was determined by reference to the exchange rates applicable to the US
dollar available on 11 th November 2019.
The closing date for Dividend currency election to the
Company's Registrars is 27th November 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 29th October 2019 for definition of default
currencies and dividend currency election forms can be found on the company
website at https://seplatpetroleum.com/investors/dividend
One Year Share Price Movement
Q3 2019 Table
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