Providence Resources Plc
Exercise of warrants
Dublin and London February 19, 2021 – Providence Resources Plc (PVR LN, PRP ID), the Irish resource development company (Providence or the Business), announces that 1,954,038 warrants of 3p each have been exercised, raising 58,621.14 for the Company. The warrants were issued as part of the fundraising in May 2020.
Providence Resources issued a total of 1,954,038 new ordinary shares (on New ordinary shares) to the mandate holder.
A request 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. Admission to trading on each stock exchange (“Admission“) will enter into force and trading in the New Ordinary Shares will begin on AIM and Euronext Growth at 8:00 am on February 25, 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 such Ordinary Shares and will be otherwise classified on Admission pari passu in all respects. with each other and with the existing Ordinary Shares of the Company. The total issued share capital of the Company, plus the New Ordinary Shares, will be 890,756,912 Ordinary Shares.
Providence Resources Plc Tel: +353 1219 4074
Alan S Linn,
Chief Executive Officer
J&E Davy Tel: +353 1 679 6363
Murray Consultants Tel: +353 1 498 0300
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