Director's Dealings

12 Jul 2005 09:52

Providence Resources PLC12 July 2005 Providence Resources P.l.c. ("Providence" or the "Company") Director Shareholdings The Board announces that, on 11 July 2005, options over ordinary shares of€0.001 each in the capital of the Company ("Ordinary Shares") have been awardedto the following Directors and Company Secretary: Name Number of options over Exercise Price Expiry Date Total number of Ordinary Ordinary Shares awarded Shares over which options are held Tony O'Reilly jnr 10,000,000 €0.045 11 July 2012 17,396,193 James McCarthy 5,000,000 €0.045 11 July 2012 5,000,000 Brian Hillery 2,500,000 €0.045 11 July 2012 19,615'666 Company Secretary Michael Graham 1,500,000 €0.045 11 July 2012 3,198,097 In addition, the Company was notified on 11 July that Mr Peter Kidney, anon-executive director of the Company, converted 12,816 warrants over OrdinaryShares at a price of €0.045 each on that date. These warrants were originallyallotted to Mr Kidney pursuant to his participation in the 2004 Rights Issue.Accordingly, Mr Kidney now holds 804,845 Ordinary Shares representingapproximately 0.04% of the enlarged share capital of the Company. Applicationwill shortly be made for these Ordinary Shares to be admitted to listing on boththe IEX and AIM markets. For further information please contact; Michael GrahamCompany Secretary+353 1 667 5740 This information is provided by RNS The company news service from the London Stock Exchange