8 Nov 2019 10:05
No. CS04-08 (PSX/LSE/SECP)
November 08, 2019
1. | The General Manager, Pakistan Stock Exchange Limited,Stock Exchange Building, Stock Exchange Road,Karachi-74000, Pakistan.
| 2. | London Stock Exchange Plc., 10 Paternoster Square, London EC4M 7LS.
Tel: (44) 20 7334 8907 |
Subject: MATERIAL INFORMATION -ISSUANCE OF BONUS SHARES BY MARI PETROLEUM COMPANY LIMITED
Dear Sir,
In accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, this is informed that shareholders of Mari Petroleum Company Limited (MPCL) in their 35th Annual General Meeting (AGM) held on October 22, 2019 have approved allotment of 10% bonus shares for every ten shares held (i.e 10%).
2. Therefore the present number of shares of MPCL held by Oil and Gas Development Company Limited (OGDCL) has increased from 24,052,875 shares to 26,458,162 shares after addition of recently issued 2,405,287 bonus shares.
Yours Sincerely,
(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
Oil&gas Regs (OGDC)