Pakistan Petroleum : Credit of Interim Dividend 2023-24
March 20, 2024 at 03:04 am EDT
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Our reference: PPL/CS/PSX-0055
Your reference:
Date: 20th March 2024
Mr. Syed Ahmad Abbas
Chief Listing Officer
Pakistan Stock Exchange Limited
Stock Exchange Building
Stock Exchange Road
Karachi
Dear Sir,
Re: Credit of Interim Cash Dividend for the Year Ending 30th June 2024
The Company has credited 25% interim cash dividend on Ordinary and Convertible Preference Shares for the year ending 30th June 2024 to the bank accounts of the entitled shareholders today, 20th March 2024.
Pursuant to Rule 5.6.9 of the Stock Exchange Rules, a copy of the notice to be published in the newspapers on 21st March 2024 in respect of the aforesaid credit of dividend is enclosed.
Yours truly,
Ali Jaffar
Company Secretary
Enclosure: As above.
PAKISTAN PETROLEUM LIMITED
CREDIT OF INTERIM CASH DIVIDEND 2023-24
Interim cash dividend @ 25% on Ordinary and Convertible Preference Shares for the year ending 30th June 2024 has been credited to the bank accounts of the shareholders, except those who have not furnished correct or complete bank account details to the Company or the Central Depository Company Limited, as the case may be.
Shareholders who have not received the dividend may visit the Company's Share Registrar, Messrs. FAMCO Share Registration Services (Private) Limited at 8-F, adjacent to Hotel Faran, Nursery, Block 6, P.E.C.H.S., Shahrah-e-Faisal, Karachi, or email them at info.shares@famcosrs.com, or call them on: +92 (0)21 34380101-5 or +92 (0)21 34384621-3.
Dividend of shareholders who did not furnish their International Bank Account Number (IBAN) has been withheld by the Company in accordance with the applicable law. Claims in respect of withheld dividends may be filed with the Central Depository Company Limited or concerned participants by shareholders who hold shares in CDS, and with Company's Share Registrar by shareholders who hold share certificates. The IBAN of the shareholders must be mentioned at the time of filing a claim.
Ali Jaffar
Company Secretary
Karachi
21st March 2024
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Pakistan Petroleum Limited is a Pakistan-based company that is engaged in exploration, development and production of oil and natural gas resources. The Company's exploration and production portfolio is spread across Pakistan with an international presence in the United Arab Emirates (UAE) and Yemen. It also holds mineral rights in Balochistan through Bolan Mining Enterprises, which is a 50:50 joint operation between the Company and Government of Balochistan. It has a portfolio of around 50 exploration assets of which the Company operates 29, including an offshore Block 5 in Abu Dhabi, UAE while 21 blocks, comprising an onshore concession in Yemen, are operated by joint venture partners. It operates around 16 producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur, Shahdadpur West, Shahdadpur East, Zafir, Fazal, Kabir, Hadaf, Dhok Sultan and Benari and holds working interest in 24 partner-operated producing fields, including Qadirpur.
PAKISTAN PETROLEUM LIMITED 
