Providence Resources P.l.c. - Results of AGM

Providence Resources P.l.c. - Results of AGM

PROVIDENCE RESOURCES P.l.c.

RESULTS OF AGM

Dublin and London - June 27, 2016 - Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Exploration Company, announces that, at the Annual General Meeting held earlier today, all ordinary and special resolutions were duly passed.  The full text of each resolution was included in the notice of the meeting circulated to shareholders.  The Company also presented shareholders with an extensive update on its exploration and appraisal portfolio offshore Ireland, including the Barryroe farm out process and drilling plans for the Druid exploration prospect in 2017.  A copy of the presentation is available on the Company's website at www.providenceresources.com.

Tony O'Reilly, Chief Executive Officer commented:

"We would like to thank our shareholders, both existing and new, for their continued support of the Company's strategy.  Due to the success of our capital raise, we now have the financial resources in place to develop our extensive and unique portfolio of assets offshore Ireland.  In addition to our substantial resource base at Barryroe and Spanish Point, shareholders will now also participate in the planned drilling programme on the highly attractive Druid prospect."

   
INVESTOR ENQUIRIES  
Providence Resources P.l.c. Tel: +353 1 219 4074
Tony O'Reilly, Chief Executive Officer  
   
Cenkos Securities plc Tel: +44 131 220 9771
Neil McDonald/Derrick Lee  
  
J&E Davy Tel: +353 1 679 6363
Eugenee Mulhern/Anthony Farrell  
   
MEDIA ENQUIRIES  
Powerscourt Tel: +44 207 250 1446
Lisa Kavanagh/Peter Ogden  
  
Murray Consultants Tel: +353 1 498 0300
Pauline McAlester  

ABOUT PROVIDENCE RESOURCES
Providence Resources is an Irish based Oil and Gas Exploration Company with a portfolio of appraisal and exploration assets located offshore Ireland.  Providence's shares are quoted on AIM in London and the ESM in Dublin.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Providence Resources plc via Globenewswire

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