REG - Oil and Gas Devt Co - Financial Results for the year ended June 30, 2023

Oil And Gas Development CoAnnouncement

28/09/2023 10:15

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RNS Number : 0075O  Oil and Gas Development Company Ltd  28 September 2023

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

September 28, 2023

 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, 2023

 

Dear Sir,

 

We are pleased to inform you that the Board of Directors of the Company in
their meeting held on Thursday, September 28, 2023 at 11:30 hours at
Islamabad, have recommended as follows:

 

CASH DIVIDEND

Final cash dividend for the year 2022-23 on the basis of accounts for the
period endedJune 30, 2023 @ Rs 2.75/- per share i.e. 27.50 percent. This is in
addition to interim dividends already paid @ Rs. 5.80/- per share i.e. 58
percent.

 

The above entitlement will be paid to the shareholders whose names will appear
in the Register of Members on Wednesday, October 18, 2023. The Share Transfer
Books of the Company will be closed from Thursday, October 19, 2023 to
Thursday, October 26, 2023 (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 Wednesday, October 18, 2023 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 Thursday, October 26, 2023 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, 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/0075O_1-2023-9-28.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0075O_1-2023-9-28.pdf)
 

http://www.rns-pdf.londonstockexchange.com/rns/0075O_2-2023-9-28.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0075O_2-2023-9-28.pdf)

http://www.rns-pdf.londonstockexchange.com/rns/0075O_3-2023-9-28.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0075O_3-2023-9-28.pdf)
 
 

 

 

(Wasim Ahmad)

A/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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