3rd Quarter Results period ended Mar 31, 2024

Oil and Gas Development Company Ltd
29 April 2024
 

OIL & GAS DEVELOPMENT COMPANY LIMITED

(BOARD SECRETARIAT)

No. CS-04-08 (PSX/LSE/SECP)

April 29, 2024

 

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 QUARTER ENDED MARCH 31, 2024

 

Dear Sir,

 

We are pleased to inform you that the Board of Directors of our Company in its meeting held on April 29, 2024 at 11:00 hours at Islamabad has approved as follows:

 

CASH DIVIDEND

 

An Interim cash dividend for the quarter ended March 31, 2024 @ Rs 2.00 per share i.e. 20 percent. This is in addition to interim dividend already paid @ Rs 4.1 per share i.e 41 percent.

 

The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on May 09, 2024. The Share Transfer Books of the Company will be closed from May 10, 2024 to May 13, 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, May 09, 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 quarterly report of the Company for the period ended March 31, 2024 will be transmitted through PUCARS separately, within the specified time.

 

 

Yours sincerely,

 

 

Encl: (Annex - I to III)                                                                                

 http://www.rns-pdf.londonstockexchange.com/rns/4018M_1-2024-4-29.pdf
       http://www.rns-pdf.londonstockexchange.com/rns/4018M_2-2024-4-29.pdf
       http://www.rns-pdf.londonstockexchange.com/rns/4018M_3-2024-4-29.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.

 

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