1st Quarter Results

Oil and Gas Development Company Ltd

25 October 2024

 

OIL & GAS DEVELOPMENT COMPANY LIMITED (BOARD SECRETARIAT)

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

October 25, 2024

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: [phone]

Subject:   FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2024

Dear Sir,

We are pleased to inform you that the Board of Directors of our Company in its meeting held on October 25, 2024 at 1400 hours at Islamabad, has approved as follows:

CASH DIVIDEND

An Interim cash dividend for the quarter ended September 30, 2024 @ Rs 3.00 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 November 07, 2024. The Share Transfer Books of the Company will be closed from November 08, 2024 to November 11, 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 November 07, 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 September 30, 2024 will be transmitted through PUCARS separately within the specified time.

Yours sincerely,

(Wasim Ahmad)

Company Secretary

Encl: (Annex - I to III)

http://www.rns-pdf.londonstockexchange.com/rns/7057J_1-2024-10-25.pdf

http://www.rns-pdf.londonstockexchange.com/rns/7057J_2-2024-10-25.pdf

http://www.rns-pdf.londonstockexchange.com/rns/7057J_3-2024-10-25.pdf 

Copy:

Executive Director/HOD,

Offsite-II Department, Supervision Division,

Securities & Exchange Commission of Pakistan,

63, NIC Building, Jinnah Avenue, Blue Area,

Islamabad.

 

END