TIDMTGL

RNS Number : 5241M

TransGlobe Energy Corporation

21 September 2021

TRANSGLOBE ENERGY CORPORATION ANNOUNCES AN

UPDATE TO ITS SIGNIFICANT SHAREHOLDER

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

Calgary, Alberta, September 21, 2021

TransGlobe Energy Corporation ("TransGlobe" or the "Company") understands that as of 06 August 2021, BLR Partners LP beneficially own an aggregate interest in 3,715,000 common shares of the Company, which represents approximately 5.1% of the issued and outstanding common shares of the Company.

This information is based on TransGlobe Energy Corporation's understanding of BLR Partners LP's most recent 13F Securities and Exchange Commission filing, dated 06 August 2021.

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 
 Tailwind Associates (Investor Relations)                        +1 403 618 8035 
  Darren Engels                                     darren@tailwindassociates.ca 
                                                http://www.tailwindassociates.ca 
 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

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END

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September 22, 2021 01:59 ET (05:59 GMT)

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