The Israel Land Development Company Ltd.

Notice of Dividend Amount • Oct 29, 2020

National Storage Mechanism | Additional information

RNS Number : 5938D

Oil and Gas Development Company Ltd

29 October 2020

	OIL & GAS DEVELOPMENT COMPANY LIMITED (BOARD SECRETARIAT)

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

October 28, 2020

The General Manager, Pakistan Stock Exchange Limited, Stock Exchange Building, Stock Exchange Road, Karachi Fax No: 021-111-573-329, 32437560	London Stock Exchange Plc. 10 Paternoster Square, London EC4M 7LS Tel: (44) 20 7334 8907

Subject:       FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2020

Dear Sir,

We are pleased to inform you that the Board of Directors of our Company in their meeting held on October 28, 2020 at 13:30 hours at Islamabad, have approved as follows:

CASH DIVIDEND

An Interim cash dividend for the quarter ended September 30, 2020 @ Rs 2/- per share i.e. 20 percent.

The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on December 14, 2020. The Share Transfer Books of the Company will be closed from December 15, 2020 to December 21, 2020 (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, December 14, 2020 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 quarterly report of the Company for the period ended September 30, 2020 will be transmitted through PUCARS separately and hard copies of the same will be sent within the specified time.

Yours sincerely,

Encl: (Annex - I to III)                                                                                

http://www.rns-pdf.londonstockexchange.com/rns/5938D_1-2020-10-29.pdf

http://www.rns-pdf.londonstockexchange.com/rns/5938D_2-2020-10-29.pdf

http://www.rns-pdf.londonstockexchange.com/rns/5938D_3-2020-10-29.pdf

(Ahmed Hayat Lak)

Company Secretary

Copy:

Director/HOD,

Surveillance, Supervision and Enforcement Department

Securities & Exchange Commission of Pakistan,

NIC Building, 63 Jinnah Avenue, Blue Area,

Islamabad.

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