TIDMTGL

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      Price         Number of    % of Company's 
                                      Common Shares                Common Shares      issued share 
                                           Acquired               held following      capital held 
                                                                 the transaction 
 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 
         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 
         Identification code              ISIN for TransGlobe Energy Corporation 
   b)                                      Ordinary Shares: CA8936621066 
   c)    Nature of the transaction        Acquisition of Shares 
   d)    Price(s) and volume(s)           Price ($Cdn) Volume 
                                          1.890 25,000 
         Aggregated information 
   e)     - 
       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 
                                          Vice President and Chief Financial 
   a)    Position / status                 Officer 
         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 
         Identification code              ISIN for TransGlobe Energy Corporation 
   b)                                      Ordinary Shares: CA8936621066 
   c)    Nature of the transaction        Acquisition of Shares 
   d)    Price(s) and volume(s)           Price ($US) Volume 
                                          1.435 20,000 
         Aggregated information 
   e)     - 
       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: investor.relations@trans-globe.com 
  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 
 Genevieve Ryan                                 transglobeenergy@fticonsulting.com

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END

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June 25, 2019 02:01 ET (06:01 GMT)

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