PROVIDENCE RES. Correction: Exercise Of Warrants
28 September 2020 - 7:28PM
UK Regulatory
TIDMPVR
Providence Resources P.l.c.
Exercise of Warrants
The following amendment has been made to the 'Exercise of Warrants"
announcement released on 28(th) September 2020 at 7am.
The below announcement has been corrected to state the New Ordinary
Shares will be admitted to trading at 8.00am on 2 October and not 3
October.
All other details remain unchanged. The full amended text is shown
below.
Dublin and London -- 28 September 2020 - Providence Resources P.l.c.
(PVR LN, PRP ID), the Irish based resource development company
("Providence" or the "Company"), announces that 16,433,333 warrants of
3p each have been exercised raising GBP492,999 for the Company. The
warrants were issued as part of the fundraising in May 2020.
Providence Resources has issued a total of 16,433,333 new Ordinary
Shares (the "New Ordinary Shares") to the warrant holder.
Application will be made to the London Stock Exchange and Euronext
Dublin for the New Ordinary Shares to be admitted to trading on AIM and
Euronext Growth. It is expected that admission to trading on each
exchange ("Admission") will become effective and that dealings in the
New Ordinary Shares will commence on AIM and Euronext Growth at 8.00
a.m. on 2 October 2020.
The New Ordinary Shares will be issued and credited as fully paid and
will rank in full for all dividends and other distributions declared,
made or paid after the admission of those Ordinary Shares and will
otherwise rank on Admission pari passu in all respects with each other
and with the existing Ordinary Shares in the Company. The total issued
share capital of the Company, as increased by the New Ordinary Shares,
will be 858,280,726 Ordinary Shares.
INVESTOR ENQUIRIES
---------------------------
Providence Resources P.l.c. Tel: +353 1 219 4074
Alan S Linn,
Chief Executive Officer
J&E Davy Tel: +353 1 679 6363
Anthony Farrell
Murray Consultants Tel: +353 1 498 0300
Joe Heron
(END) Dow Jones Newswires
September 28, 2020 05:28 ET (09:28 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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