⌘K
t
Oil & Gas Development Company Limited's Board of Directors met on February 28, 2025, approving the financial results for the half year ended December 31, 2024. The Board approved an interim cash dividend of Rs 4.05 per share (40.5%), payable to shareholders on record as of March 11, 2025. The company's share transfer books will be closed from March 12, 2025, to March 14, 2025.
| Date | 28 Feb 2025 |
| Time | 08:10:14 |
| Category | Miscellaneous |
| ID | 8760Y |
|
|
OIL & GAS DEVELOPMENT COMPANY LIMITED (BOARD SECRETARIAT) |
No. CS-04-08 (PSX/LSE/SECP)
February 28, 2025
|
The General Manager, Pakistan Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, Karachi |
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, 2024
Dear Sir,
We are pleased to inform you that the Board of Directors of our Company in its meeting held on February 28, 2025 at 10:00 hours at Islamabad has approved as follows:
An Interim cash dividend for the quarter ended December 31, 2024 @ Rs 4.05 per share i.e. 40.5% percent. This is in addition to the interim dividend already paid @ Rs 3 per share i.e 30 percent.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on March 11, 2025. The Share Transfer Books of the Company will be closed from March 12, 2025 to March 14, 2025 (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, 2025 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, 2024 will be transmitted through PUCARS separately, within the specified time.
http://www.rns-pdf.londonstockexchange.com/rns/8760Y_1-2025-2-28.pdf
http://www.rns-pdf.londonstockexchange.com/rns/8760Y_2-2025-2-28.pdf
http://www.rns-pdf.londonstockexchange.com/rns/8760Y_3-2025-2-28.pdf
(Wasim Ahmad)
Company Secretary
Copy:
Executive Director/HOD,
Offsite-II Department, Supervision Division,
Securities & Exchange Commission of Pakistan,
63, NIC Building, Jinnah Avenue, Blue Area,
Islamabad.
