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Shareholder FAQs
 
  •         What is the Company's registered address and contact details?
  • On what stock exchanges are OGDCL shares traded?
  • What is the stock/ticker symbol for OGDCL?
  • What is OGDCL's official accounting currency?
  • Where can I get a copy of the latest financial results announced by OGDCL?
  • Is OGDCL's Annual Report online?
  • Where can I find the latest presentation by OGDCL?
  • Does OGDCL have an environmental report?
  • Do you have shareholder meetings?
  • When is the next Annual General Meeting?
  • How can I receive press releases and news from OGDCL?
  • What are dividends?
  • When are dividends paid?
  • What is OGDCL’s dividend policy?
  • What are GDSs?
  • Is this a good time to buy/sell OGDCL shares or GDSs?
  • How do I buy and sell shares?
  • Who should I contact if I have investor related questions?
  • Who is the Depositary for OGDCL's GDS program and how can I contact them?
  • What is an American Depositary Receipt?
  • What is a Global Depositary Receipt?
  • What are Privately Placed and Offshore (SEC Rule 144A / Regulation S) Depositary Receipts
  • What is Regulation S (Reg. S)?
  • What is Rule 144A?
  • Where are OGDCL DRs traded and under what ticker?
  • Who are your Registrars and what do they do?
  • How do I contact the Registrars?
 
What is the Company's registered address and contact details?
 
OGDCL House
Plot No. 3, F-6/G-6 Blue Area
Jinnah Avenue, Islamabad 
Tel: (PABX) (051) 9209811-8
Fax: (051) 9209804-6, 9209708
Email: info@ogdcl.com
 
On what stock exchanges are OGDCL shares traded?
Ordinary shares are listed on Pakistan Stock Exchange (PSX); GDSs are listed on the London Stock Exchange.
 
What is the stock/ticker symbol for OGDCL?
On all stock exchanges the ticker symbol is OGDC.
 
What is OGDCL's official accounting currency?
OGDCL reports all its financial statements in Pakistan Rupees (PRs). 
 
 
Where can I get a copy of the latest financial results announced by OGDCL?
You can download the latest Annual Report and Financial Statements from the Reports section of the website. 
 
Is OGDCL's Annual Report online?
The Annual Report is available to download as a PDF file from the Reports section. 
 
Where can I find the latest presentation by OGDCL?
Go to the Presentations section for investor presentations given by OGDCL. 
 
Does OGDCL have an environmental report?
Yes. OGDCL is committed to environmental improvement and to ensuring high ethical standards in the conduct of its business. The Company's HSEQ report is available in the Corporate Governance section.
 
Do you have shareholder meetings?
Each year existing shareholders will be invited to attend OGDCL's Annual General Meeting. If there is a particularly important matter to decide that cannot wait until the next AGM, shareholders may be called to an Extraordinary General Meeting.
 
When is the next Annual General Meeting?
Please see our Financial Calendar.
 
How can I receive press releases and news from OGDCL?
Please click on the following link and sign up to receive news from OGDCL.
 
What are dividends?
These are payments that OGDCL pays to shareholders. A dividend is paid for each share, so the amount the shareholders receive depends on the number of shares he/she own. 
GDS holders are generally eligible for all dividends or other entitlements attaching to the underlying shares of OGDCL and receive all cash dividends in US dollars.
 
Any dividends the Company may pay in the future in respect of the Shares evidenced by the GDSs will be declared and paid to the Custodian for the Depository in Pakistani rupees. 
 
The Depositary will convert such dividends into U.S. dollars, to the extent practicable, and distribute them to holders of the GDSs, net of the Depositary’s fees and expenses.
Accordingly, the value of dividends received by holders of GDSs will be subject to fluctuations in the exchange rate between the Pakistani rupee and the U.S. dollar. 
 
When are dividends paid?
Dividends are normally paid to shareholders as and when approved by the Board of Directors / shareholders.
 
What is OGDCL's dividend policy?
The dividend policy of OGDCL is as follows:
 
The Board of Directors believes that dividends paid should strike a balance between ensuring sufficient capital is available for the Company to achieve its long term strategic objectives and providing shareholders with an attractive return on investment in the near term. Before making any recommendation for dividends to be paid, the Board of Directors will take into account factors including, but not limited to, the future prospects of the Company, future capital and operating expenditure plans of the Company, the Company’s financial results, interests of all shareholders, the Company’s capital structure and debt ratings and the cost of raising funds from alternate sources.
 
The final dividend is proposed by the Board of Directors and is approved by the shareholders of the Company in the Annual General Meeting. In addition, the Directors, through a Resolution may also declare the interim dividend(s) during the year.
 
What are GDSs?
A Global Depositary Share (GDS) is a share, evidenced by an GDR, that represents a specified number of underlying shares held in custody in the issuer's home market. The terms GDR and GDS are often used interchangeably. OGDCL GDSs, each representing 10 Ordinary Shares, are traded on the London Stock Exchange under the OGDC symbol. 
 
GDS holders are not members of the Company, but may instruct the Bank of New York on the exercise of voting rights relative to the number of Ordinary Shares represented by their GDS holding.
 
Is this a good time to buy/sell OGDCL shares or GDSs?
We are not able to provide advice to investors on share dealing. For advice on share dealing, please contact your stockbroker or independent financial advisor.
 
How do I buy and sell shares?
You can buy and sell OGDCL ordinary shares through a financial adviser or stockbroker, bank or institutions that offer a similar service. The commission charges for buying and selling shares vary between the different organizations.
 
Who should I contact if I have investor related questions?
Please refer to our Contact Us section.
 
Who is the Depositary for OGDCL's GDS program and how can I contact them?
The Bank of New York (BNY). The depositary bank plays a key role in the process of issuance and cancellation of DRs. It also maintains the DR holder register and distributes the dividends in U.S. dollars. The Bank of New York is a DTC (Depositary Trust Company) participant as are brokers & dealers, other banks, trust companies and clearinghouses.  For additional general information, please visit The Bank of New York's website at www.adrbny.com  and search for the OGDCL Profile Page.  Registered holders wishing to access their account with The Bank of New York (BNY acts as both DR depositary bank & registrar):
 
The Bank of New York  
Investor Services         
P.O. Box 11258            
Church Street Station
New York, NY 10286-1258
 
Toll Free Tel # for US callers: 1-888-BNY-ADRs
 International Callers can call: (1) 212-815-3700
Email: shareowners@bankofny.com
Websites:http://www.stockbny.com,              
Broker Contact: www.adrbny.com 
New York    Jason Smith   (1) 212 815 3874
 
London     Joe Oakenfold (44) 2079646419
 
What is an American Depositary Receipt?
An ADR is a negotiable U.S. certificate representing ownership of shares in a non-U.S. corporation. ADRs are quoted and traded in U.S. dollars in the U.S. securities market. Also, the dividends are paid to investors in U.S. dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by U.S. investor, and to provide a corporate finance vehicle for non-U.S. companies. ADRs can be held in book-entry form or as a physical certificate.
 
 
What is a Global Depositary Receipt?
A GDR is the same as an ADR but is typically not registered with the U.S. SEC on Form F-6, and are therefore generally restricted in terms of resales.
 
 
What are Privately Placed and Offshore (SEC Rule 144A / Regulation S) Depositary Receipts ?
A company can access the U.S. and other capital markets through SEC Rule 144A and/or SEC Regulation S Depositary Receipt facilities without SEC registration. Rule 144A programs provide for raising capital through the private placement of Depositary Receipts with large institutional investors (often referred to as QIBs) in the United States. Regulation S programs provide for raising capital through the placement of Depositary Receipts offshore to non-U.S. investors in reliance on Regulation S.
 
 
What is Regulation S (Reg. S)?
Regulation S clarifies the conditions under which offers and sales of securities outside the United States are exempt from SEC registration requirements. Regulation S was adopted by the SEC in 1990 in conjunction with the adoption of Rule 144A. These measures, taken together, significantly enhance the liquidity of a private placement or global offering.
 
 
What is Rule 144A?
SEC rule permitting Qualified Institutional Buyers (QIBs) to trade privately-placed securities without one or two years holding requirement, thereby substantially increasing the liquidity of those securities.
 
 
Where are OGDCL DRs traded and under what ticker?  
 
 
 
 
Who are your Registrars and what do they do?
OGDCL has appointed M/s Central Depository Company of Pakistan Limited as its Registrars effective from April 24, 2013. The Registrars manage OGDCL's share register on its behalf. They are responsible for ensuring the shareholder details are recorded accurately, transfer of physical shares, dispatch of dividends, etc.
 
 
How do I contact the Registrars?
For shareholder enquiries such as changing shareholder name, address, dividend payments and shareholder certificates, please contact our Registrars by writing to: 
M/s Central Depository Company of Pakistan Limited.
 
Share Registrar Department 
CDC House,99-B, Block-B, S.M.C.H.S.
Main Shahrah-e-Faisal, Karachi-74400.
Phone: 0800-CDCPL (23275) 
Fax: (92-21) 34326053 
Email: info@cdcpak.com 
Website: www.cdcpakistan.com