leadf
logo-loader
viewGenel Energy PLC

Genel Energy PLC: Notice of dividend currency exchange rate

Genel Energy PLC (GENL)
Genel Energy PLC: Notice of dividend currency exchange rate

01-Jun-2020 / 14:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


1 June 2020

 

Genel Energy plc

 

Notice of dividend currency exchange rate

 

On 14 May 2020, shareholders in Genel Energy plc ('the Company') approved a dividend distribution of 10 US cents per ordinary share, to be converted into pounds sterling at the spot rate prevailing on 29 May 2020, in relation to the year ending 31 December 2019.

 

The Company announces that the Bloomberg spot rate used to convert US dollars into pound sterling at 18.30 London time on 29 May 2020 was $1:£0.8124, and hence a dividend of 8.124p per share will be paid on 29 June 2020.

 

-ends-

 

For further information, please contact:

 

Genel Energy

Andrew Benbow, Head of Communications

+44 20 7659 5100

 

 

Vigo Communications

Patrick d'Ancona 

+44 20 7830 9700

 

Notes to editors:

 

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects. Genel has low-cost and low-carbon production from the Taq Taq and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.

 

 

 



ISIN: JE00B55Q3P39
Category Code: MSCM
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 67076
EQS News ID: 1059889

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=1059889&application_name=news&site_id=acquiremedia3

Quick facts: Genel Energy PLC

Price: 117.8

Market: LSE
Market Cap: £327.1 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Investor Update: Union Jack's West Newton potential confirmed

Headlines from the Proactive UK newsroom. Union Jack Oil (LON:UJO) has been informed by the operator that the Kirkham Abbey reservoir in the West Newton project area contains a base case 146mln barrels of oil and up to 283mln barrels in a best case. The liquid element is much higher than...

on 11/11/19