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Seplat Energy PLC confirmed the currency exchange rate for its 2024 final and special dividend payable to shareholders electing to receive payment in Naira. The announced exchange rate, based on the CBN NFEM rate for May 8, 2025, is 1 USD = 1,609.6357 NGN. This announcement was made on May 9, 2025.
| Date | 9 May 2025 |
| Time | 11:00:00 |
| Category | Miscellaneous |
| ID | 0838I |
ANNOUNCEMENT OF CURRENCY EXCHANGE RATE FOR 2024 FINAL AND SPECIAL DIVIDEND
Lagos and London, May 9, 2025: Seplat Energy PLC ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, today confirms that the below currency exchange rate is applicable in determining both the final and special dividend for 2024 to shareholders that will receive the dividend payment in Naira (NGN):
The exchange rate for the Naira amounts payable is the CBN NFEM rate for May 8, 2025.
Exchange Rate
1 USD = 1,609.6357 NGN
Shareholders should refer to the Company's announcement on March 4, 2025 for definition of default currency on the company website at https://www.seplatenergy.com/investors/regulatory-announcements/.
Dated May 9, 2025
Signed:
Eleanor Adaralegbe
Chief Financial Officer