Home Life Style Good News – Seplat confirms exchange rate for intervening time dividend

Good News – Seplat confirms exchange rate for intervening time dividend

by Good News

Good News – Seplat Vitality Plc has confirmed the forex exchange charges to be utilized in figuring out the intervening time dividend for the third quarter of 2021.The corporate’s Chief Monetary Officer, Emeka Onwuka, disclosed this in a explore despatched to the Nigerian Exchange (NGX) on Monday.It famed that the forex exchange rate would possibly well well be acceptable to shareholders that qualify for and elected to receive the dividend rate in naira or pound sterling (GBP).It said: “Exchange rate: one dollar to N413.64 and one dollar to 0.7468 GBP.“The exchange rate for the naira or pound sterling quantities payable used to be resolute by reference to the exchange charges acceptable to the U.S. dollar available on Nov. 12.“The closing date for dividend forex election to the company’s registrars is Nov. 30.“Within the absence of a qualifying dividend forex election by shareholders to the correct registrar, dividends shall be paid of their default forex.“Shareholders ought to calm discuss to the company’s announcement on Oct. 28 2021 for definition of default forex and dividend forex election kinds can even furthermore be figured out on the company net space,” it said.(NAN)Red meat up PREMIUM TIMES’ journalism of integrity and credibilityAppropriate journalism charges a great deal of cash. But most attention-grabbing proper journalism can originate plod the likelihood of an right society, an to blame democracy, and a clear government.For persevered free acquire admission to to the correct investigative journalism within the nation we request you to mediate about making a modest make stronger to this noble endeavour.By contributing to PREMIUM TIMES, you are serving to to lend a hand a journalism of relevance and making certain it remains free and available to all.Donate TEXT AD: To advertise here . Name Willie +2347088095401…

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