TIDMTGL

RNS Number : 7274T

TransGlobe Energy Corporation

29 March 2021

TRANSGLOBE ENERGY CORPORATION ANNOUNCES

DIRECTOR/PDMR SHAREHOLDINGS

AIM & TSX: "TGL" & NASDAQ: "TGA"

Calgary, Alberta, March 29, 2021 - TransGlobe Energy Corporation ("TransGlobe" or the "Company") announces that on March 26, 2021 stock options granted to Ross Clarkson and Randy Neely on March 18, 2016 have expired.

 
                      Position          Type     Quantity    Quantity     Exercise          Number 
                                                  Previous    Expired      Price of      Held Following 
                                                  Awarded                Grant ($Cdn)      Expiration 
                  Non-Independent     Stock 
 Ross Clarkson     Director            Option    1,068,577   420,681        $2.19           647,896 
                 ------------------  ---------  ----------  ---------  --------------  ---------------- 
                  President and 
                   Chief Executive    Stock 
 Randy Neely       Officer             Option    1,417,939   247,792        $2.19          1,170,147 
                 ------------------  ---------  ----------  ---------  --------------  ---------------- 
 

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

 
      1) Details of PDMR                     Ross Clarkson             Randy Neely 
       a) Name 
      2) Reason for the notification            Director           President and Chief 
       a) Position / status                                          Executive Officer 
                                        -----------------------  ----------------------- 
      b) Initial notification             Initial notification     Initial notification 
       / amendment 
                                        -----------------------  ----------------------- 
      3) Details of the issuer             TransGlobe Energy        TransGlobe Energy 
       a) Name                                 Corporation              Corporation 
                                        -----------------------  ----------------------- 
      b) Legal Entity Identifier          549300QMNS6BDY8UUB03     549300QMNS6BDY8UUB03 
                                        -----------------------  ----------------------- 
      4) Details of transaction               Stock Option             Stock Option 
       a) Description of financial 
       instrument 
                                        -----------------------  ----------------------- 
      b) Identification code             ISIN for TransGlobe      ISIN for TransGlobe 
                                          Energy Corporation       Energy Corporation 
                                          Ordinary Shares:         Ordinary Shares: 
                                          CA8936621066             CA8936621066 
                                        -----------------------  ----------------------- 
      c) Nature of the transaction       Expiry of Stock Option   Expiry of Stock Option 
                                        -----------------------  ----------------------- 
      d) Price(s) and volume(s)          Exercise Price: Cdn      Exercise Price: Cdn 
                                          $2.19                    $2.19 
                                          Volume: 420,681          Volume: 247,792 
                                        -----------------------  ----------------------- 
            e) Aggregated information:   Exercise Price: $2.19    Exercise Price: $2.19 
             i) Price                     Cdn per Stock Option     Cdn per Stock Option 
             ii) Volume                   Volume: 420,681 Stock    Volume: 247,792 Stock 
                                          Options                  Options 
                                        -----------------------  ----------------------- 
      f) Date of the transaction             March 26, 2021           March 26, 2021 
                                        -----------------------  ----------------------- 
      g) Place of Transaction              Outside a trading        Outside a trading 
                                                  venue                    venue 
                                        -----------------------  ----------------------- 
 

About TransGlobe

TransGlobe Energy Corporation is a cashflow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobe's common shares trade on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

For further information, please contact:

 
 TransGlobe Energy Corporation                                   +1 403 264 9888 
  Randy Neely, President and CEO              investor.relations@trans-globe.com 
  Eddie Ok, CFO                                       http://www.trans-globe.com 
                                                      or via Tailwind Associates 
                                                                              or 
                                                                  FTI Consulting 
 Tailwind Associates (Investor Relations)                        +1 403 618 8035 
  Darren Engels                                     darren@tailwindassociates.ca 
                                                http://www.tailwindassociates.ca 
 FTI Consulting (Financial PR)                               +44(0) 20 3727 1000 
  Ben Brewerton                               transglobeenergy@fticonsulting.com 
  Genevieve Ryan 
 Canaccord Genuity (Nomad & Joint-Broker) 
  Henry Fitzgerald-O'Connor 
  James Asensio                                              +44(0) 20 7523 8000 
 Shore Capital (Joint Broker) 
  Jerry Keen 
  Toby Gibbs                                                 +44(0) 20 7408 4090 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHSEIEDAEFSEFD

(END) Dow Jones Newswires

March 29, 2021 02:00 ET (06:00 GMT)

Transglobe Energy (LSE:TGL)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Transglobe Energy.
Transglobe Energy (LSE:TGL)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Transglobe Energy.