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Half-year Report

17th Feb 2017 10:09

RNS Number : 1890X
Oil and Gas Development Company Ltd
17 February 2017
 

 

 

OIL & GAS DEVELOPMENT COMPANY LIMITED

(BOARD SECRETARIAT)

 

 

 

 

      

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

February 17, 2017

 

1.

The General Manager,

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road,

Karachi

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

2.

London Stock Exchange Plc.

10 Paternoster Square,

London EC4M 7LS

Tel: (44) 20 7334 8907

 

Subject: Financial Results for the quarter ended December 31, 2016

 

Dear Sir,

 

We are pleased to inform you that the Board of Directors of our Company in their meeting held on Friday, February 17, 2017 at Islamabad, have approved as follows:

 

CASH DIVIDEND

 

An Interim cash dividend for the quarter ended December 31, 2016 @ Rs 1 per share i.e. 10 percent. This is in addition to Interim Dividend already paid @ Rs 1.50 per share i.e. 15 percent.

 

The above entitlement will be paid to the shareholders whose names will appearin the Register of Members on Tuesday, March 14, 2017. The Share Transfer Booksof the Company will be closed from Wednesday, March 15, 2017 to Tuesday, March 21, 2017 (both days inclusive). Transfers received at the Share Registrar Department, Central Depository Company of Pakistan Limited, CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shahrah-e-Faisal, Karachi-74400 at the close of business on Tuesday, March 14, 2017 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.

 

We will be sending you the required number of copies of Accounts for distribution amongst the members of the exchange.

 

Yours sincerely,

 

 

Enclosures: (Annex - I to III) (Ahmed Hayat Lak)

Company Secretaryhttp://www.rns-pdf.londonstockexchange.com/rns/1890X_-2017-2-17.pdf

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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