PROVIDENCE RES. Exercise Of Warrants

 
TIDMPVR 
 
 
   Providence Resources P.l.c. 
 
   Exercise of Warrants 
 
   Dublin and London -- 29 April 2021 - Providence Resources P.l.c. (PVR LN, 
PRP ID), the Irish based resource development company ("Providence" or 
the "Company"), announces that 32,900,241 warrants of 3p each have been 
exercised raising GBP987,007.23 for the Company. The warrants were 
issued as part of the fundraising in May 2020. 
 
   Providence Resources has issued a total of 32,900,241 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 7 May 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 935,534,403 Ordinary Shares. 
 
   The 3p warrants expire on the 6(th) May 2021. 
 
   INVESTOR ENQUIRIES 
 
   Providence Resources P.l.c.        Tel: [phone] 
 
   Alan S Linn, 
 
   Chief Executive Officer 
 
   Joe Langbroek 
 
   Investor Relations 
 
   J&E Davy                                     Tel: [phone] 
 
   Anthony Farrell 
 
   Murray Consultants                      Tel: [phone] 
 
   Joe Heron 
 
 
 
 

(END) Dow Jones Newswires

April 29, 2021 07:30 ET (11:30 GMT)

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