PROVIDENCE RES. Exercise Of Warrants
15 October 2020 - 5:10PM
UK Regulatory
TIDMPVR
Providence Resources P.l.c.
Exercise of Warrants
Dublin and London -- 15 October 2020 - Providence Resources P.l.c. (PVR
LN, PRP ID), the Irish based resource development company ("Providence"
or the "Company"), announces that 8,181,669 warrants of 3p each have
been exercised raising GBP245,450.07 for the Company. The warrants were
issued as part of the fundraising in May 2020.
Providence Resources has issued a total of 8,181,669 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 21 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 866,462,395 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
MEDIA ENQUIRIES
---------------------------
Murray Consultants Tel: +353 1 498 0300
Joe Heron
(END) Dow Jones Newswires
October 15, 2020 02:10 ET (06:10 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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