Corporate Action
SEPLAT ENERGY PLC-ANNOUNCEMENT ON Q1 2026 DIVIDENDS
• Seplat Energy Plc announced an interim dividend of US5 cents and a special dividend of US4 cents per Ordinary Share (subject to appropriate WHT) for the period ended March 31, 2026. • The qualification date for shareholders to be eligible for the dividend is June 5, 2026, at the close of business. The London Stock Exchange Ex-Dividend date is June 4, 2026. • The Register of Shareholders will be closed on June 8, 2026, to prepare for dividend payments. • Dividends will be paid in Naira and US Dollars only, with the default currency depending on whether shares are held on the Nigerian Exchange Limited with or without a valid Nigerian Certificate for Capital Importation (CCI), or through depository interests on the London Stock Exchange. • Shareholders with a valid CCI on the Nigerian Exchange Limited who wish to receive dividends in Naira must inform DataMax and complete an e-mandate form. • The interim dividends will be paid electronically on or around June 19, 2026, to shareholders who have completed e-dividend registration.
Corporate Action
SEPLAT ENERGY PLC-NOTICE OF DECISION - Q1 2026
• Seplat Energy Plc's Board of Directors approved the Q1 2026 Unaudited Financial Results on April 29, 2026. • The Financial Results for the period ended March 31, 2026, will be released to the public on Thursday, April 30, 2026. • The Closed Period will continue until 24 hours after the release of the Financial Results. • Seplat Energy is a leading indigenous energy company listed on the Nigerian Exchange Limited (NGX: SEPLAT) and the London Stock Exchange (LSE: SEPL). • The company operates eleven oil and gas blocks, three export terminals, and two offshore NGL recovery plants in Nigeria. • Seplat Energy also operates three gas processing plants onshore, augmenting its position as a leading supplier of natural gas for domestic power generation.
Financial Results
SEPLAT ENERGY PLC- QUARTER 1 - FINANCIAL STATEMENT FOR 2026
Here's a summary of the SEPLAT financial highlights and key notes: **FINANCIAL HIGHLIGHTS:** * PAT: ₦46.763 billion (67% YoY growth) * EPS: ₦77.95 * Dividend: ₦5.0 cents per share base and ₦4.0 cents per share special dividend (total ₦9.0 cents per share) * Equity: ₦2,562.863 billion * Shares: 599,945 million * ROE: Not explicitly stated, but can be calculated as PAT / Equity = (46.763 / 2,562.863) * 100 = 1.82% **KEY NOTES:** * Group revenue increased by 4% YoY to $840.7 million (₦1,163.445 billion). * The company declared a 1Q 2026 dividend of USD 9.0 cents/share, a 96% increase from 1Q 2025, supported by strong free cash flows and deleveraging. * Production guidance for 2026 is reiterated at 135-155 kboepd, with expectations for increased production in subsequent quarters due to ANOH contribution and Yoho platform restart.
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