20 February 2024
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 February
9, 2024 to February 16, 2024.
|
Transaction date
|
Daily total volume (in number of shares of common
stock)
|
Daily weighted average price of common stock
acquired
|
Platform
|
|
February 9, 2024
|
50,000
|
4.2156
|
XNYS
|
|
February 12, 2024
|
1,200
|
4.3567
|
XNYS
|
|
February 13, 2024
|
25,000
|
4.2675
|
XNYS
|
|
February 14, 2024
|
25,000
|
4.2408
|
XNYS
|
|
February 15, 2024
|
25,000
|
4.3846
|
XNYS
|
|
February 16, 2024
|
25,000
|
4.4001
|
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/6832D_1-2024-2-19.pdf
for the trades made on February 9, 2024, http://www.rns-pdf.londonstockexchange.com/rns/6832D_2-2024-2-19.pdf
for the trades made on February 12, 2024, http://www.rns-pdf.londonstockexchange.com/rns/6832D_3-2024-2-19.pdf
for the trades made on February 13, 2024, http://www.rns-pdf.londonstockexchange.com/rns/6832D_4-2024-2-19.pdf
for the trades made on February 14, 2024, http://www.rns-pdf.londonstockexchange.com/rns/6832D_5-2024-2-19.pdf
for the trades made on February 15, 2024 and http://www.rns-pdf.londonstockexchange.com/rns/6832D_6-2024-2-19.pdf for
the trades made on February 16 2024. 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 122,554,772
common shares, of which 17,977,084 common shares are held in
treasury and 1,080,168 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
104,577,688.
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
|