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The Board of Directors of Oil & Gas Development Company Limited (OGDCL) approved an interim cash dividend of Rs 2.50 per share (25 percent) for the quarter ended December 31, 2023, during its meeting on February 27, 2024. This dividend is in addition to an already paid interim dividend of Rs 1.60 per share (16 percent) and will be paid to shareholders registered by March 11, 2024.
| Date | 27 Feb 2024 |
| Time | 10:15:50 |
| Category | Results |
| ID | 6195E |
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OIL & GAS DEVELOPMENT COMPANY LIMITED (BOARD SECRETARIAT) |
No. CS-04-08 (PSX/LSE/SECP)
February 27, 2024
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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, 2023
Dear Sir,
We are pleased to inform you that the Board of Directors of our Company in its meeting held on February 27, 2024 at 12:00 hours at Islamabad has approved as follows:
An Interim cash dividend for the quarter ended December 31, 2023 @ Rs 2.50 per share i.e. 25 percent. This is in addition to interim dividend already paid @ 1.60 per share i.e 16 percent.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on March 11, 2024. The Share Transfer Books of the Company will be closed from March 12, 2024 to March 14, 2024 (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 11, 2024 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 half yearly report of the Company for the period ended December 31, 2023 will be transmitted through PUCARS separately, within the specified time.
Yours sincerely,
Encl: (Annex - I to III)
http://www.rns-pdf.londonstockexchange.com/rns/6195E_1-2024-2-27.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6195E_2-2024-2-27.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6195E_3-2024-2-27.pdf
(Wasim Ahmad)
A/Company Secretary
Copy:
Executive Director/HOD,
Offsite-II Department, Supervision Division,
Securities & Exchange Commission of Pakistan,
63, NIC Building, Jinnah Avenue, Blue Area,
Islamabad.
