Genel Energy PLC: Notice of dividend currency exchange rate (816867)
May 29 2019 - 4:02AM
UK Regulatory
Genel Energy PLC (GENL)
Genel Energy PLC: Notice of dividend currency exchange rate
29-May-2019 / 09:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
29 May 2019
Genel Energy plc
Notice of dividend currency exchange rate
On 16 May 2019, 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 24 May 2019 and paid to
the shareholders on the register at the close of business on that date (the
record date), in relation to the year ending 31 December 2018.
The Company announces that the Bloomberg spot rate used to convert US
dollars into pound sterling at 18:30 London time on 24 May 2019 was
$1:GBP0.7859, and hence a dividend of 7.859p per share will be paid on 24 June
2019.
-ends-
For further information, please contact:
Genel Energy +44 20 7659 5100
Andrew Benbow, Head of Communications
Vigo Communications +44 20 7830 9700
Patrick d'Ancona
Notes to editors:
Genel Energy is an independent oil and gas exploration and production
company listed on the main market of the London Stock Exchange (LSE: GENL,
LEI: 549300IVCJDWC3LR8F94). The Company, with headquarters in London and
offices in Ankara and Erbil, is one of the largest London-listed independent
oil producers, and is the largest holder of reserves and resources in the
Kurdistan Region of Iraq. Genel has highly cash-generative oil production
from the Taq Taq and Tawke licences, with material growth potential from
other assets in the portfolio. Genel also continues to pursue further growth
opportunities. For further information, please refer to www.genelenergy.com
[1].
ISIN: JE00B55Q3P39
Category Code: MSCL
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 8845
EQS News ID: 816867
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=3ec46b352f38452116096dbbab51b09e&application_id=816867&site_id=vwd_london&application_name=news
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May 29, 2019 04:02 ET (08:02 GMT)
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