Oil and Gas Development Company Limited Announces Board Meeting and Closed Period

Islamabad: A meeting of the Board of Directors of Oil and Gas Development Company Limited is scheduled for September 23, 2024, in Islamabad to review the annual accounts for the year ended June 30, 2024, and to discuss potential entitlements.

The meeting, according to information available from the Pakistan Stock Exchange (PSX), will consider the financial statements of the company for the past fiscal year and decide on any declarations regarding shareholder entitlements. Additionally, the company has instituted a “Closed Period” from September 16, 2024, to September 23, 2024. During this period, directors, the CEO, and executives are prohibited from buying or selling company shares.

This restriction is in compliance with PSX regulations to prevent insider trading around significant corporate disclosures. Stakeholders, particularly the Certificate Holders of the Exchange, have been advised of these developments.

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