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TransGlobe Energy (TGL)

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Tuesday 25 June, 2019

TransGlobe Energy

Director/PDMR Shareholding

RNS Number : 2627D
TransGlobe Energy Corporation
25 June 2019
 

 

 

 

TRANSGLOBE ENERGY CORPORATION ANNOUNCES PDMR SHAREHOLDING

 

AIM & TSX:  "TGL" & NASDAQ:  "TGA"

 

Calgary, Alberta, June 25, 2019 - TransGlobe Energy Corporation ("TransGlobe" or the "Company") announces that it was notified on June 21, 2019 that on the same day Randy Neely, President and CEO and Edward Ok, Vice President and Chief Financial Officer acquired common shares as follows:

PDMR

Date of Acquisition

Number of Common Shares Acquired

Price

Number of Common Shares held following the transaction

% of Company's issued share capital held

Randy Neely

June 21, 2019

25,000

Cdn $1.89

 

175,300

0.242

 

Edward Ok

June 21, 2019

20,000

US $1.44

 

45,615

0.063

 

                 

Notification of a Transaction pursuant to Article 19(3) of Regulation (EU) No. 596/2014

 

1

Details of PDMR

a)

Name

Randy Neely

2

Reason for the notification

 

a)

Position / status

President and CEO

b)

Initial notification / amendment

Initial notification

3

Details of the issuer

 

a)

Name

TransGlobe Energy Corporation

b)

Legal Entity Identifier

549300QMNS6BDY8UUB03

4

Details of the transaction(s)

 

a)

Description of the financial instrument

Common Shares

b)

Identification code

ISIN for TransGlobe Energy Corporation Ordinary Shares: CA8936621066

c)

Nature of the transaction

Acquisition of Shares

d)

Price(s) and volume(s)

Price ($Cdn)                  Volume

 

 

1.890                              25,000

e)

Aggregated information -

 

 

     Aggregated volume -

25,000 common shares

 

     Aggregated price

 $1.890 Cdn per share

f)

Date of the transaction

June 21, 2019

g)

Place of the transaction

Toronto Stock Exchange

 

1

Details of PDMR

a)

Name

Edward Ok

2

Reason for the notification

 

a)

Position / status

Vice President and Chief Financial Officer

b)

Initial notification / amendment

Initial notification

3

Details of the issuer

 

a)

Name

TransGlobe Energy Corporation

b)

Legal Entity Identifier

549300QMNS6BDY8UUB03

4

Details of the transaction(s)

 

a)

Description of the financial instrument

Common Shares

b)

Identification code

ISIN for TransGlobe Energy Corporation Ordinary Shares: CA8936621066

c)

Nature of the transaction

Acquisition of Shares

d)

Price(s) and volume(s)

Price ($US)                  Volume

 

 

1.435                             20,000

e)

Aggregated information -

 

 

     Aggregated volume -

20,000 common shares

 

     Aggregated price

 $1.435 US per share

f)

Date of the transaction

June 21, 2019

g)

Place of the transaction

NASDAQ

About TransGlobe

 

TransGlobe Energy Corporation is a cash-flow 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:

 

Investor Relations

Telephone: +1 403.444.4787

Email: [email protected]

Web site:  http://www.trans-globe.com

 

 

TransGlobe Energy

 

Via FTI Consulting

Randy Neely, President and Chief Executive Officer

 

 

Eddie Ok, Chief Financial Officer

 

 

 

 

Canaccord Genuity (Nomad & Joint Broker)

 

+44 (0) 20 7523 8000

Henry Fitzgerald-O'Connor

 

 

James Asensio

 

 

 

 

 

GMP First Energy (Joint Broker)

 

+44 (0) 20 7448 0200

Jonathan Wright

 

 

 

 

 

FTI Consulting (Financial PR)

 

+44 (0) 20 3727 1000

Ben Brewerton

 

[email protected]

Genevieve Ryan

 

 


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