Pageant Holdings ups stake in Providence

The investment vehicle now controls just over 10 per cent of Providence, according to a regulator filing, making it the third-biggest investor in the company

Tony O’Reilly jr

Pageant Holdings, the investment vehicle run by Nick Furlong, has upped its stake in the under pressure oil and gas explorer Providence Resources.

It now controls just over 10 per cent of Providence, according to a regulator filing, making it the third-biggest investor in the company, having acquired a further 2.4 million shares in it earlier this month.

Furling is a serial investor with stakes in a number of Irish listed companies.

Pageant’s ...