Vivo Energy declares a final dividend of 3.8 US cents per share

Dividend

Vivo Energy plc (LON:VVO) has declared a final dividend in respect of the financial period ended 31 December 2020 of 3.8 US cents per share, payable on 25 June 2021 to ordinary shareholders on the register as at 28 May 2021. The final 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 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 28 May 2021, 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 by 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 or around 11 June 2021.

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 R0.56666 per share will be paid on 25 June 2021, using an exchange rate of 14.95686 US$/ZAR. 

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

Currency conversion date (US$/ZAR)Tuesday, 2 March 2021
Dividend declaredWednesday, 3 March 2021
AGM to approve dividendTuesday, 18 May 2021
Ex-dividend date (South Africa)Wednesday, 26 May 2021
Ex-dividend date (UK)Thursday, 27 May 2021
Record date (both UK and South Africa)Friday, 28 May 2021
Last date for receipt of Dividend Currency Election Form to  elect to receive dividend in pound sterling (UK shareholders only)Friday, 28 May 2021
Currency conversion date (US$/GBP)Friday, 11 June 2021
Dividend payment date (UK and South Africa)Friday, 25 June 2021

South African shareholders should note that, in accordance with the requirements of Strate, the last day to trade cum-dividend will be Tuesday, 25 May 2021 and that no dematerialisation or rematerialisation of shares will be possible from Wednesday, 26 May 2021 to Friday, 28 May 2021 inclusive. No transfers between the UK and South African registers may take place between Wednesday, 3 March 2021 and Friday, 28 May 2021 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 R0.56666 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 R0.45333 per share.

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

Vivo Energy had a total of 1,266,941,899 ordinary shares in issue at today’s date.

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