Seplat Energy Plc (NGX: SEPLAT) has announced an interim dividend of US4.6 cents per ordinary share of ₦0.50 for the half-year period ended June 30, 2025.
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The dividend, which is 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 August 13, 2025.
Qualification date for the interim dividend has been set at close of Business on August 13, 2025. On the London Stock Exchange, the associated date will be August 13, 2025, and the ex-dividend date will be August 12, 2025.
The dividend will be paid in Naira and US Dollars only. The default currency for the dividend will depend as follows:
- Shareholders holding their shares on the Nigerian Exchange Limited without a valid Nigerian Certificate for Capital Importation (“CCI”) will be paid their dividend in Naira as the default currency;
- Shareholders holding their shares on the Nigerian Exchange Limited with a valid CCI will be paid their dividend in US dollars as the default currency. Evidence of the CCI must be provided to Datamax. However, those shareholders may instead elect to receive their entire dividend payment in Naira (partial elections are not permissible); and
- Shareholders holding their shares through depository interests on the London Stock Exchange will be paid their dividend in US dollars as the default currency.
Exchange rate for the Naira amounts payable will be determined by reference to the relevant exchange rates applicable to the US dollar on August 12, 2025, and will be communicated by the Company on August 13, 2025.
On or around August 28, 2025, the interim dividend will be paid electronically to shareholders whose names appear on the Register of Members as of August 13, 2025 and who have completed the e dividend registration and mandated the Registrar to pay their interim dividend directly into their Bank accounts.
In its unaudited results for the six months ended 30 June 2025, Seplat Energy Plc posted a revenue (from contracts with customers) of ₦2.16 trillion (H1 2024: ₦575.05 billion), a profit after tax of ₦42.51 billion (H1 2024: ₦68.06 billion). and an Earnings Per Share of ₦62.19 (H1 2024: ₦94.46).
Seplat Energy Plc (formerly called Seplat Petroleum Development Company Plc, the parent of the Group, was incorporated on 17 June 2009 as a private limited liability company and re-registered as a public company on 3 October 2014, under the Companies and Allied Matters Act, CAP C20, Laws of the Federation of Nigeria 2004.
The Company commenced operations on 1 August 2010. The Company is principally engaged in oil and gas exploration and production and gas processing activities.
It’s registered address is: 16a Temple Road (Olu Holloway), Ikoyi, Lagos, Nigeria.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
