TIDMTGL

RNS Number : 2898O

TransGlobe Energy Corporation

29 May 2020

TRANSGLOBE ENERGY CORPORATION ANNOUNCES DIRECTOR/PDMR SHAREHOLDINGS

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

Calgary, Alberta, May 29, 2020 - TransGlobe Energy Corporation ("TransGlobe" or the "Company") announces that it was notified on May 26, 2020 that on the same day Edward LaFehr acquired common shares as follows:

 
 PDMR             Date of Acquisition       Number of      Price  Number of Common    % of Company's 
                                        Common Shares                  Shares held      issued share 
                                             Acquired                following the      capital held 
                                                                       transaction 
 Edward LaFehr       May 26, 2020          5,000       Cdn $0.73       20,000           0.03% 
---------------  --------------------  --------------  ---------  ----------------  --------------

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

 
 1       Details of PDMR 
   a)    Name                             Edward LaFehr 
 2       Reason for the notification 
   a)    Position / status                Director 
         Initial notification 
   b)     / amendment                     Initial notification 
 3       Details of the issuer 
   a)    Name                             TransGlobe Energy Corporation 
   b)    Legal Entity Identifier          549300QMNS6BDY8UUB03 
 4       Details of the transaction(s) 
         Description of the financial 
   a)     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 
                                          $0.73 5,000 
         Aggregated information 
   e)     - 
       Aggregated volume -                5,000 common shares 
       Aggregated price                   $0.73 Cdn per share 
   f)    Date of the transaction          May 26, 2020 
   g)    Place of the transaction         TSX

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

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END

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May 29, 2020 02:00 ET (06:00 GMT)

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