REG - Oil and Gas Devt Co - Final Results for the year ended June 30, 2024

Oil And Gas Development CoAnnouncement

23/09/2024 11:30

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RNS Number : 2573F  Oil and Gas Development Company Ltd  23 September 2024

   OIL & GAS DEVELOPMENT COMPANY LIMITED

   (BOARD SECRETARIAT)

No. CS04-08 (PSX/LSE/SECP)

September 23, 2024

 The General Manager,                                        London Stock Exchange Plc.,

 Pakistan Stock Exchange Limited, Stock Exchange Building,   10 Paternoster Square,

 Stock Exchange Road,                                        London EC4M 7LS.

 Karachi                                                     Tel: (44) 20 7334 8907

 Fax No: 021-111-573-329, 2437560

 

Subject:-   FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30, 2024

 

Dear Sir,

 

We are pleased to inform you that the Board of Directors of the Company in its
meeting held on Monday, September 23, 2024 at 14:00 hours at Islamabad, have
recommended as follows:

 

CASH DIVIDEND

Final cash dividend for the year 2023-24 on the basis of accounts for the
period ended June 30, 2024 @ Rs 4.00 per share i.e. 40 percent. This is in
addition to interim dividends already paid @ Rs. 6.10/- per share i.e. 61
percent.

 

The above entitlement will be paid to the shareholders whose names will appear
in the Register of Members on Thursday, October 17, 2024. The Share Transfer
Books of the Company will be closed from Friday, October 18, 2024 to Friday,
October 25, 2024 (both days inclusive). Transfers received at the Share
Registrar Department, 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 Thursday, October 17, 2024 will be treated in time for the purpose
of above entitlement to the transferees.

 

The Annual General Meeting (AGM) of shareholders of the Company will be held
on Friday, October 25, 2024 at 09:00 hours at Islamabad.

 

The financial results of the Company are enclosed as Annex-I.  Further
summaries of OGDCL Accounts & Notes to the Accounts and Highlights of the
Company's performance are enclosed as Annex-II to III, respectively. The
Annual report of the Company for the period ended June 30, 2024 will be
transmitted through PUCARS separately, within the specified time.

 

Yours sincerely,

Encl:

http://www.rns-pdf.londonstockexchange.com/rns/2573F_1-2024-9-23.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2573F_1-2024-9-23.pdf)

http://www.rns-pdf.londonstockexchange.com/rns/2573F_2-2024-9-23.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2573F_2-2024-9-23.pdf)

http://www.rns-pdf.londonstockexchange.com/rns/2573F_3-2024-9-23.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2573F_3-2024-9-23.pdf)

 
 

 

 

(Wasim Ahmad)

Company Secretary

Copy to:

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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