Dividend Information

What dividends has Genel paid?

Genel paid over $200 million in dividends (72p per share) between 2019 and 2023. Dividends were suspended following the closure to the export pipeline in March 2023. The Company’s strategy remains focused on diversifying cash flows and building resilient cash generation in order to restart the payment of a regular dividend.

How will the dividend be taxed?

Under Jersey law, this payment to shareholders arising from a debit to the share premium account is considered to be a ‘distribution’. Shareholders should take advice as to what is the appropriate tax treatment for this distribution.

What currency will shareholders receive?

Distributions are converted into Pounds Sterling at the prevailing spot rate.

Shareholders who would prefer to receive payment directly into their bank account are advised to complete the bank mandate form below and return to it our registrars before the record date:

Tel: +44 (0)371 384 2893
(Lines are open 8.30am to 5.30pm, Monday to Friday).

View your shareholding details online, and buy and sell shares online or by telephone.

In addition shareholders can view their Genel Energy shareholding details online by registering with Shareview, a service offered by our registrars, Equiniti (Jersey) Limited.

To access the service, go to www.shareview.co.uk and complete the simple on-screen registration process.

Once you have signed up for Shareview, you will be able to:

  • Check your shareholding in Genel Energy 24 hours a day
  • Register your email and mailing preference (post or electronic) for future shareholder mailings
  • Gain easy access to a variety of shareholder information including indicative valuations and payment instruction details
  • Access the share dealing facility
  • Share dealing

Our registrars offer UK-based shareholders a simple and convenient telephone and internet share sale and purchase service.

Shareview dealing is available, for telephone purchases and sales on: 0345 603 7037 between 8:30am and 4:30pm, Monday to Friday. For internet purchases and sales, log on to www.shareview.co.uk/dealing.

Where is Genel Energy plc tax residency?
Genel Energy plc is a Jersey incorporated, UK tax domiciled company.