Oil and Gas Devt Announces Financial Results Quarter Ended Mar 31, 2021

Source: www.gulfoilandgas.com 4/27/2021, Location: Asia

We are pleased to inform you that the Board of Directors of our Company in their meeting held on April 26, 2021 at 1530 hours at Islamabad, has recommended as follows:

CASH DIVIDEND

An Interim cash dividend for the quarter ended March 31, 2021 @ Rs 1.80 per share i.e. 18 percent. This is in addition to interim dividend already paid @ 3.6 per share i.e 36 percent

The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on June 10, 2021. The Share Transfer Books of the Company will be closed from June 11, 2021 to June 17, 2021 (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 June 10, 2021 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 nine months report of the Company for the period ended March 31, 2021 will be transmitted through PUCARS separately, within the specified time.


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