For Immediate Release

Providence Resources P.l.c.

Result of Extraordinary General Meeting

Dublin and London – 23 February 2021 - On 27 January 2021, Providence Resources P.l.c., ("Providence" or the “Company”) the Irish Energy Company, whose shares are quoted in London (AIM) and Dublin (Euronext Growth Market), is pleased to announce that, at its Extraordinary General Meeting held earlier today, the Resolutions set out in the Circular dated 27 January 2021 were duly passed. The results of the Poll of the meeting are set out below.

Special Resolution 1 – To approve the Migration of the Migrating Shares to Euroclear Bank’s central securities depository  

Vote Type	Voted	Voted %	% of Issued Share Capital Voted
For	317,812,949	99.93%
Against	223,259	0.07%
Total Voted	318,036,208	100%	35.70%
Votes Withheld	27,197

Special Resolution 2 - To amend the Articles of Association of the Company

Vote Type	Voted	Voted %	% of Issued Share Capital Voted
For	317,813,670	99.93%
Against	222,159	0.07%
Total Voted	318,035,829	100%	35.70%
Votes Withheld	27,576

Ordinary Resolution 3 - To authorise the Directors to take necessary or desirable actions for the purposes of the migration

Vote Type	Voted	Voted %	% of Issued Share Capital Voted
For	317,812,450	99.93%
Against	223,159	0.07%
Total Voted	318,035,699	100%	35.70%
Votes Withheld	27,646

Accordingly, as the resolutions have been passed, the Directors will proceed with the migration to the Euroclear central depository system and all associated paperwork.

Application has been made for acceptance onto the Euroclear system and the last day of trading on CREST is due to be the 21 March 2021. After this date, all settlements will be on the Euroclear Depository system.

Terms and conditions used in this announcement have the meaning ascribed to them in the announcement of 27 January 2021 unless the context requires otherwise.

 

 

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