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Oil and Gas Development Company Ltd's Board of Directors met on February 23, 2022, approving the financial results for the half-year ended December 31, 2021. The Board also approved an interim cash dividend of Rs 2.00 per share (20%) for the quarter ended December 31, 2021. This dividend will be paid to shareholders whose names appear in the Register of Members on March 08, 2022, with share transfer books closed from March 09 to March 11, 2022.
| Date | 23 Feb 2022 |
| Time | 10:02:22 |
| Category | Miscellaneous |
| ID | 5621C |
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No. CS-04-08 (PSX/LSE/SECP)
February 23, 2022
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The General Manager, Pakistan Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, Karachi Fax No: 021-111-573-329, 32437560 |
London Stock Exchange Plc. 10 Paternoster Square, London EC4M 7LS Tel: (44) 20 7334 8907 |
Subject: FINANCIAL RESULTS FOR THE HALF YEAR ENDED DECEMBER 31, 2021
Dear Sir,
We are pleased to inform you that the Board of Directors of our Company in their meeting held on February 23, 2022 at 12:30 hours at Islamabad, have approved as follows:
An Interim cash dividend for the quarter ended December 31, 2021 @ Rs 2.00 per share i.e. 20 percent. This is in addition to interim dividend already paid @ 1.75 per share i.e 17.50 percent
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on March 08, 2022. The Share Transfer Books of the Company will be closed from March 09, 2022 to March 11, 2022 (both days inclusive). Transfers received at the CDC Share Registrar Services Limited, CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shahrah-e-Faisal, Karachi-74400 at the close of business on, March 08, 2022 will be treated in time for the purpose of above entitlement to the transferees.
The financial results of the Company are enclosed as Annex-I. Further summaries of OGDCL Accounts & Notes to Accounts and Highlights of the Company's performance are enclosed as Annex-II and III respectively.
The quarterly report of the Company for the period ended December 31, 2021 will be transmitted through PUCARS separately, within the specified time.
Yours sincerely,
Encl: (Annex - I to III)
http://www.rns-pdf.londonstockexchange.com/rns/5621C_1-2022-2-23.pdf
http://www.rns-pdf.londonstockexchange.com/rns/5621C_2-2022-2-23.pdf
http://www.rns-pdf.londonstockexchange.com/rns/5621C_3-2022-2-23.pdf
(Ahmed Hayat Lak)
Company Secretary
Copy:
Director/HOD,
Surveillance, Supervision and Enforcement Department
Securities & Exchange Commission of Pakistan,
NIC Building, 63 Jinnah Avenue, Blue Area,
Islamabad.