Monday December 9, 2019

Providence requests share suspension ahead of court decision

A final decision on the Transocean case is expected this morning

13th April, 2016
The case relates to use of a drilling unit on Providence's Barryroe oil field

Providence Resources has requested a temporary suspension of trading in its shares ahead of a final decision of the UK Court of Appeal on an appeal lodged by Transocean Drilling UK against a 2014 judgement.

Providence's shares are listed on London's Alternative Investment Market (AIM) and Dublin's Enteprise Securities Market (ESM).

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