Karachi: Pakistan Petroleum Limited (PPL) has credited an interim cash dividend for the quarter ended December 31, 2024, to the bank accounts of its entitled shareholders as of March 27, 2025. The company announced a 20% interim cash dividend on Ordinary Shares and a 10% dividend on Convertible Preference Shares for the specified period.

PPL's action aligns with the regulations set by the stock exchange, as stipulated in Rule 5.6.9 of the Stock Exchange Rules. According to information available from the Pakistan Stock Exchange (PSX), the distributions were processed for shareholders who have provided accurate banking information. However, dividends remain unpaid to those who did not furnish complete or correct bank account details to either the Company or the Central Depository Company Limited (CDC).

Shareholders who have not yet received their dividends are advised to reach out to the Company's Share Registrar, Messrs. FAMCO Share Registration Services (Pvt.) Limited. They can do so by visiting the office at 8-F, adjacent to Hotel Faran, Nursery, Block 6, P.E.C.H.S., Shahrah-e-Faisal, Karachi, sending an email to [email protected], or calling +021 3438 0101-5 or +021 34384621-3 for assistance.

The company has withheld dividends for shareholders who did not provide their International Bank Account Number (IBAN), as per legal requirements. Affected shareholders may file claims with the CDC or their respective participants if they hold shares in the Central Depository System (CDS), and with the Company's Share Registrar if they possess share certificates. These claims must include the shareholder's IBAN.

This update is part of the designated market category for the energy sector, reflecting PPL's ongoing financial activities and shareholder engagement practices. A public notice concerning the dividend credit will be published in newspapers on March 28, 2025, to further inform and guide shareholders.