Issuance of Physical Dividends at the NDEP PLC AGM

In line with the Database of Un-Mandated Accounts in the Nigeria Capital Market (e-Dividend Registration) Circular, issued by SEC Nigeria on 13/04/2017, Niger Delta Exploration & Production PLC (NDEP) and its Registrars will no longer be issuing physical dividend warrants.

As advised by the Circular, 30th June 2017 marks the end of issuance of physical dividend warrants, with a view to mitigating the risks associated with physical dividend warrants and improving the experience of shareholders. In compliance with the Circular, NDEP PLC and its Registrars will no longer be issuing physical dividend warrants and thus no warrants will be available for collection at this year’s Annual General Meeting.

As such, all NDEP PLC shareholders whose accounts have not been mandated are urged to complete the e-dividend mandate form to ensure that dividends are received promptly.

Unmandated NDEP PLC shareholders can download an e-dividend mandate form here.

To view the SEC Nigeria Circular, please click here.

 

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