Vivo Energy PLC Dividend Declaration (2481D)

TIDMVVO

RNS Number : 2481D

Vivo Energy PLC

02 March 2022

Wednesday, 2 March 2022

Vivo Energy plc

LSE:VVO / JSE:VVO

Dividend Declaration

As set out in Vivo Energy plc 2021 Full Year Results announcement released earlier today, the Company is pleased to declare a further interim dividend of 4.0000 US cents per share, payable on Friday, 24 June 2022 to ordinary shareholders on the register as at 27 May 2022. The interim dividend will be paid from distributable reserves.

The default payment for dividends is in US dollars. However, shareholders who hold their shares through the London Stock Exchange can elect to have dividends paid in pound sterling (GBP) by completing a Dividend Currency Election Form (the 'Form'). A copy of the Form can be found on the Company's website at http://investors.vivoenergy.com/shareholder-information/dividend-information . The option to elect a pound sterling dividend payment for this dividend will be available to shareholders until 27 May 2022, by which date the Form needs to be returned duly completed to EQ, Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA, United Kingdom . All enquiries regarding the Form should be sent to the same address or by telephone EQ on: 0371 384 2030 (and if outside the United Kingdom (UK) on: +44 371-384-203). Calls are charged at the standard geographic rate and will vary by provider. Calls outside the UK will be charged at the applicable international rate. Lines are open Monday-Friday 08:30-17:30 (BST).

CREST shareholders must elect via CREST.

The pound sterling equivalent dividend payment will be announced on or around 10 June 2022.

Shareholders who hold shares through the Johannesburg Stock Exchange will receive their dividend in South African rand. For shareholders on our South African share register a dividend of 61.26391 ZA cents per share will be paid on Friday, 24 June 2022, using an exchange rate of 15.315977 US$/ZAR.

A timetable of events in relation to the dividend is set out below:

 
 Currency conversion date (US$/ZAR)             Tuesday, 1 March 2022 
 Dividend declared                                 Wednesday, 2 March 
                                                                 2022 
                                              ----------------------- 
 Last date to trade                              Tuesday, 24 May 2022 
                                              ----------------------- 
 Ex-dividend date (South Africa)               Wednesday, 25 May 2022 
                                              ----------------------- 
 Ex-dividend date (UK)                          Thursday, 26 May 2022 
                                              ----------------------- 
 Record date (both UK and South Africa)           Friday, 27 May 2022 
                                              ----------------------- 
 Last date for receipt of Dividend Currency       Friday, 27 May 2022 
  Election Form to elect to receive dividend 
  in pound sterling (UK shareholders only) 
                                              ----------------------- 
 Currency conversion date (US$/GBP)              Friday, 10 June 2022 
                                              ----------------------- 
 Dividend payment date (UK and South Africa)     Friday, 24 June 2022 
                                              -----------------------

South African shareholders should note that, in accordance with the requirements of Strate, the last day to trade cum-dividend will be Tuesday, 24 May 2022 and that no dematerialisation or rematerialisation of shares will be possible from Wednesday, 25 May 2022 to Friday, 27 May 2022, both dates inclusive. No transfers between the UK and South African registers may take place between Monday, 16 May 2022 and Friday, 27 May 2022 both dates inclusive. For those shareholders subject to South African Dividend Tax, this will be withheld at the rate of 20% from the amount of the gross dividend of 61.26391 ZA cents per share paid to South African shareholders, unless a shareholder qualifies for exemption. After the Dividend Tax has been withheld, the net dividend will be 49.01113 ZA cents per share.

If you are uncertain as to the tax treatment of any dividends you should consult with your own tax advisor.

The Company had a total of 1,266,941,899 ordinary shares in issue at today's date.

Ends

Notes to editors:

 
 Media contacts:                       Investor contact: 
  Vivo Energy plc                       Vivo Energy plc 
  Rob Foyle, Head of Communications     Giles Blackham, Head of Investor 
  +44 7715 036 407                      Relations 
  rob.foyle@vivoenergy.com              +44 203 034 3735 
                                        giles.blackham@vivoenergy.com 
  Tulchan Communications 
  Martin Robinson/ Harry Cameron 
  +44 20 7353 4200 
  vivoenergy@tulchangroup.com

About Vivo Energy:

Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,400 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants, liquefied petroleum gas (LPG) and solar solutions to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.

Vivo Energy plc has a primary listing on the London Stock Exchange, and is a member of the FTSE 250 index, with a secondary inward listing on the Johannesburg Stock Exchange.

For more information about Vivo Energy please visit www.vivoenergy.com

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END

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