REG - Oil and Gas Devt Co - Half-year Report

Oil And Gas Development CoAnnouncement

28/02/2025 08:15

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RNS Number : 8760Y  Oil and Gas Development Company Ltd  28 February 2025

   OIL & GAS DEVELOPMENT COMPANY LIMITED

   (BOARD SECRETARIAT)

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

February 28, 2025

 

 The General Manager,               London Stock Exchange Plc.

 Pakistan Stock Exchange Limited,   10 Paternoster Square,

 Stock Exchange Building,           London EC4M 7LS

 Stock Exchange Road,               Tel: (44) 20 7334 8907

 Karachi

 

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:

 

CASH DIVIDEND

 

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_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_2-2025-2-28.pdf)

http://www.rns-pdf.londonstockexchange.com/rns/8760Y_3-2025-2-28.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.

 

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