Sunday March 29, 2020

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).

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 weeks ago

Big tech firms pledge to pay contract staff through the social-distancing period

Emmet Ryan | 2 weeks ago

Further action may be needed to prevent the Irish economy being sunk, particularly when the global economy remains vulnerable

Ian Guider | 2 weeks ago