Grant of Options

Providence Resources P.l.c. Grant of Share Options
Dublin and London – May 24 2021 - Providence Resources P.l.c. (“Providence” or the “Company”), the Irish based energy company, announces that the Board has agreed to award the following share options over ordinary shares of €0.001 in the Company (the “Options”) to non-executive directors of the Company:

James Menton 4,500,000

Andrew MacKay 4,500,000

The Options will vest in three equal tranches on each of the first, second and third anniversary of the grant date , and are exercisable at a price of Euro 0.038 per share.

For further information please contact:

ENQUIRIES
Providence Resources P.l.c. Tel: +353 1 219 4074
Alan Linn, CEO

Job Langbroek
Investor Relations

J&E Davy Tel: +353 1 679 6363
Anthony Farrell

MEDIA ENQUIRIES
Joe Heron Tel: +353 87 6909735

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Menton
2.	Reason for the Notification
a)	Position/status	Non-Executive Director
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Providence Resources P.l.c.
b)	LEI	635400DSMSR5LZVGDI48
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Award of options over Ordinary shares of €0.001 each.
	Identification code	IE00B66B5T26
b)	Nature of the Transaction	Award of Share Options
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			€0.038	4,500,000
d)	Aggregated information Aggregated volume Price	n/a

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew MacKay
2.	Reason for the Notification
a)	Position/status	Non-Executive Director
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Providence Resources P.l.c.
b)	LEI	635400DSMSR5LZVGDI48
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Award of options over Ordinary shares of €0.001 each.
	Identification code	IE00B66B5T26
b)	Nature of the Transaction	Award of Share Options
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			€0.038	4,500,000
d)	Aggregated information Aggregated volume Price	n/a

e)	Date of the transaction	21 May 2021
f)	Place of the transaction	London Stock Exchange, AIM (LON:PVR)