TransGlobe Energy Corporation Director/PDMR Shareholding (9863M)
15 Maio 2020 - 3:00AM
UK Regulatory
TIDMTGL
RNS Number : 9863M
TransGlobe Energy Corporation
15 May 2020
TRANSGLOBE ENERGY CORPORATION ANNOUNCES
DIRECTOR/PDMR SHAREHOLDINGS
AIM & TSX: "TGL" & NASDAQ: "TGA"
Calgary, Alberta, May 15, 2020 - TransGlobe Energy Corporation
("TransGlobe" or the "Company") announces that on May 14, 2020
Stock Options previously granted to Ross Clarkson and Randy Neely
on May 14, 2015 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 1,374,577 306,000 $4.99 1,068,577
------------------ --------- ---------- --------- -------------- ----------------
President and
Chief Executive Stock
Randy Neely Officer Option 1,100,588 162,000 $4.99 938,588
------------------ --------- ---------- --------- -------------- ----------------
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
$4.99 $4.99
Volume: 306,000 Volume: 162,000
----------------------- -----------------------
e) Aggregated information: Exercise Price: $4.99 Exercise Price: $4.99
i) Price Cdn per Stock Option Cdn per Stock Option
ii) Volume Volume: 306,000 Stock Volume: 162,000 Stock
Options Options
----------------------- -----------------------
f) Date of the transaction May 14, 2020 May 14, 2020
----------------------- -----------------------
g) Place of Transaction Outside a trading Outside a trading
venue venue
----------------------- -----------------------
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:
TransGlobe Energy Via FTI Consulting
Randy Neely, President and Chief
Executive Officer
Eddie Ok, Chief Financial Officer
Canaccord Genuity (Nomad & Sole
Broker) +44 (0) 20 7523 8000
Henry Fitzgerald-O'Connor
James Asensio
FTI Consulting (Financial PR) +44 (0) 20 3727 1000
Ben Brewerton transglobeenergy@fticonsulting.com
Genevieve Ryan
Tailwind Associates (Investor Relations)
Darren Engels darren@tailwindassociates.ca
http://www.tailwindassociates.ca
+1 403.618.8035
investor.relations@trans-globe.com
http://www.trans-globe.com
+1 403.264.9888
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.
END
DSHSFMEFLESSELI
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May 15, 2020 02:00 ET (06:00 GMT)
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