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Vivo Energy PLC  -  VVO   

Dividend Declaration

Released 07:01 02-Aug-2018

RNS Number : 5557W
Vivo Energy PLC
02 August 2018
 

2 August 2018

 

 

Vivo Energy plc

(the 'Company')

 

Dividend Declaration

 

 

As set out in Vivo Energy plc Interim 2018 Results announcement released earlier today, the Company is pleased to declare an interim dividend in respect of the financial period ended 30 June 2018 of US$0.00665 per share, payable on 17 September 2018 to ordinary shareholders on the register as at 17 August 2018.

 

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 pounds 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 17 August 2018, by which date the Form needs to be returned duly completed to Link Asset Services, Shareholder Solutions, 34 Beckenham Road, Beckenham, Kent, BR3 4TU. All enquiries regarding the Form should be sent to the same address or Telephone Link Asset Services on: 0871 664 0300 (and if outside the United Kingdom (UK) on: +44 371 664 0300). Calls cost 12p per minute plus your phone company's access charge. Calls outside the UK will be charged at the applicable international rate. Lines are open Monday-Friday 9:00-17.30 (BST).

 

CREST shareholders must elect via CREST.

 

The pounds sterling equivalent dividend payment will be announced on 31 August 2018.

 

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 R0.087913 per share will be paid on 17 September 2018, using an exchange rate of 13.22 US$/ZAR.  

 

DIVIDEND TIMETABLE

 

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

 

Currency conversion date (US$/ZAR)

 

Wednesday, 1 August 2018

Dividend declared

 

Thursday, 2 August 2018

Ex-dividend date (South Africa)

Wednesday, 15 August 2018

 

Ex-dividend date (UK)

Thursday, 16 August 2018

 

Record date (both UK and South Africa)

Friday, 17 August 2018

 

Last date for receipt of Dividend Currency Election Form to

elect to receive dividend in pound sterling (UK shareholders only)

 

Friday, 17 August 2018

Currency conversion date (US$/GBP)

 

Friday, 31 August 2018

Dividend payment date (UK and South Africa)

Monday, 17 September 2018

 

 

South African shareholders should note that, in accordance with the requirements of Strate, the last day to trade cum-dividend will be 14 August 2018 and that no dematerialisation or rematerialisation of shares will be possible from 15 to 17 August 2018 inclusive. No transfers between the UK and South African registers may take place from 2 to 17 August 2018 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 R0.087913 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 R0.0703304 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 1,201,798,866 ordinary shares in issue at today's date.  

 

 

ENDS

 

 

 

 

For further information, please contact:

 

Vivo Energy plc

 

Paul Waters, Head of Corporate Secretariat

+44 1234 904 029

paul.waters@vivoenergy.com

 

 

Rob Foyle, Head of Communications

+44 1234 904 037

rob.foyle@vivoenergy.com

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Dividend Declaration - RNS