PROVIDENCE RES. Exercise Of Warrants
27 April 2021 - 11:30PM
UK Regulatory
TIDMPVR
Providence Resources P.l.c.
Exercise of Warrants
Dublin and London -- 27 April 2021 - Providence Resources P.l.c. (PVR LN,
PRP ID), the Irish based resource development company ("Providence" or
the "Company"), announces that 11,877,250 warrants of 3p each have been
exercised raising GBP356,317.50 for the Company. The warrants were
issued as part of the fundraising in May 2020.
Providence Resources has issued a total of 11,877,250 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 30 April 2021.
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 902,634,162 Ordinary Shares.
The 3p warrants expire on the 6(th) May 2021.
INVESTOR ENQUIRIES
Providence Resources P.l.c. Tel: +353 1 219 4074
Alan S Linn,
Chief Executive Officer
Joe Langbroek
Investor Relations
J&E Davy Tel: +353 1 679 6363
Anthony Farrell
Murray Consultants Tel: +353 1 498 0300
Joe Heron
(END) Dow Jones Newswires
April 27, 2021 09:30 ET (13:30 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Providence Resources (LSE:PVR)
Historical Stock Chart
From Apr 2024 to May 2024
Providence Resources (LSE:PVR)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Providence Resources Plc (London Stock Exchange): 0 recent articles
More Providence Resources Plc News Articles