Transaction in Own Shares

Vaalco Energy Inc
24 August 2023
 

24 August 2023

VAALCO Energy, Inc.

("VAALCO" or the "Company")

Transaction in own shares  

VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") announces that, further to its announcements on November 1, 2022 and November 18, 2022 of the implementation of its share buyback program (the "Program"), the following transactions were made under the Program during the period August 15, 2023 to August 21, 2023. 

Transaction date

Daily total volume (in number of shares of common stock)

Daily weighted average price of common stock acquired

Platform

August 15, 2023

75,000

4.7768

XNYS

August 16, 2023

50,000

4.777

XNYS

August 17, 2023

50,000

4.91886

XNYS

August 18, 2023

50,000

4.8885

XNYS

August 21, 2023

14,200

4.8194

XNYS


All transactions under the Program were made under ISIN US91851C2017 and effected by Roth Capital Partners LLC on behalf of the Company. A full breakdown of the individual trades is attached to this announcement, and can be viewed by clicking http://www.rns-pdf.londonstockexchange.com/rns/2695K_1-2023-8-23.pdf for the trades made on August 15, 2023, http://www.rns-pdf.londonstockexchange.com/rns/2695K_2-2023-8-23.pdf for the trades made on August 16, 2023, http://www.rns-pdf.londonstockexchange.com/rns/2695K_3-2023-8-23.pdf for the trades made on August 17, 2023, http://www.rns-pdf.londonstockexchange.com/rns/2695K_4-2023-8-23.pdf for the trades made on August 18, 2023, and http://www.rns-pdf.londonstockexchange.com/rns/2695K_5-2023-8-23.pdf for the trades made on August 21, 2023. The purpose of the Program is to reduce the share capital of the Company.  

Following the transactions referred to above, VAALCO has total issued share capital of 122,392,291 common shares, of which 15,149,048 common shares are held in treasury and 1,090,651 common shares are unvested common shares, which are subject to forfeiture. Therefore, the total voting rights in the Company following the transactions referred to above are 107,243,243.

About VAALCO

VAALCO, founded in 1985 and incorporated under the laws of Delaware, is a Houston, USA based, independent energy company with production, development and exploration assets in Africa and Canada.

Following its business combination with TransGlobe in October 2022, VAALCO owns a diverse portfolio of operated production, development and exploration assets across Gabon, Egypt, Equatorial Guinea and Canada.


For Further Information

VAALCO Energy, Inc. (General and Investor Enquiries)

+00 1 713 623 0801

Website:

www.vaalco.com



Al Petrie Advisors (US Investor Relations)

+00 1 713 543 3422

Al Petrie / Chris Delange




Buchanan (UK Financial PR)

+44 (0) 20 7466 5000

Ben Romney / George Pope

VAALCO@buchanan.uk.com

 

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
 
 
UK 100

Latest directors dealings