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Public offering of OGDC shares from January 11th

December 30, 2006

The Privatisation Commission has made the OGDC shares’ secondary offering to the domestic investors. The subscription for 21,505,000 shares of the offer at Rs 110 per share will commence on January 11th, and close on January 13th, 2007.The retail offer price represents an effective discount of almost 3 percent to the price paid by institutional investors in the international and domestic institutional offering that priced on November 30, 2006. The balloting for subscription will take place on January 23, with final allocations announced thereafter…. Business Recorder

OGDC 

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