TIDMTGL
RNS Number : 8350N
TransGlobe Energy Corporation
26 May 2020
TRANSGLOBE ENERGY CORPORATION ANNOUNCES
DIRECTOR/PDMR SHAREHOLDINGS
AIM & TSX: "TGL" & NASDAQ: "TGA"
Calgary, Alberta, May 26, 2020 - TransGlobe Energy Corporation
("TransGlobe" or the "Company") announces that on May 22, 2020,
David Cook, Carol Bell, Ross Clarkson, Edward LaFehr, Tim Marchant
and Steven Sinclair all Directors of the Company received Deferred
Share Units ("DSUs") as part of the Company's director compensation
program and will count towards their respective shareholding
requirements.
Director Number of Price Number of DSUs % of Company's
DSUs issued Granted held following issued share
($Cdn) the transaction capital held
DSUs are settled
in cash and
have no effect
David Cook 80,137 $0.73 335,036 on share capital
------------- --------- ----------------- ------------------
Carol Bell 62,329 $0.73 93,235
------------- --------- ----------------- ------------------
Ross Clarkson 62,329 $0.73 93,235
------------- --------- -----------------
Edward LaFehr 62,329 $0.73 93,235
------------- --------- -----------------
Tim Marchant 62,329 $0.73 62,329
------------- --------- -----------------
Steven Sinclair 62,329 $0.73 148,594
------------- --------- ----------------- ------------------
The DSUs were issued in accordance with the Deferred Share Unit
Plan of the Company. No shares will be issued upon retirement or
vesting of any of the share units as the instruments are settled in
cash.
The Company has also issued stock options ("Options") on May 22,
2020 to the President and Chief Executive Officer, the Vice
President Finance and Chief Financial Officer and the Vice
President and Chief Operating Officer (collectively referred to as
the "PDMRs").
The Company has also issued Performance Share Units ("PSUs") on
May 22, 2020 to the PDMRs in accordance with the Performance Share
Unit Plan of the Company. No shares will be issued upon exercise or
vesting of any of the share units as the instruments are settled in
cash.
PDMR Position Type Quantity Exercise Number Held
Awarded Price/Price Following
of Grant Grant
($Cdn)
President and
Chief Executive
Randy Neely Officer Option 315,696 $0.79 1,254,284
---------------------- -------- --------- ------------- ------------
PSU 402,188 $0.73 738,605
--------------------------------------------- --------- ------------- ------------
Vice President
Finance and Chief
Edward Ok Financial Officer Option 157,258 $0.79 422,524
---------------------- -------- --------- ------------- ------------
PSU 200,342 $0.73 350,365
--------------------------------------------- --------- ------------- ------------
Vice President
Geoffrey and Chief Operating
Probert Officer Option 188,710 $0.79 350,508
---------------------- -------- --------- ------------- ------------
PSU 240,411 $0.73 320,630
--------------------------------------------- --------- ------------- ------------
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 David Cook Carol Bell Ross Clarkson
a) Name
2) Reason for the Director Director Director
notification
a) Position / status
--------------------- --------------------- ---------------------
b) Initial notification Initial notification Initial notification Initial notification
/ amendment
--------------------- --------------------- ---------------------
3) Details of the TransGlobe Energy TransGlobe Energy TransGlobe Energy
issuer Corporation Corporation Corporation
a) Name
--------------------- --------------------- ---------------------
b) Legal Entity 549300QMNS6BDY8UUB03 549300QMNS6BDY8UUB03 549300QMNS6BDY8UUB03
Identifier
--------------------- --------------------- ---------------------
4) Details of transaction Deferred Share Deferred Share Deferred Share
a) Description of Units Units Units
financial instrument
--------------------- --------------------- ---------------------
b) Identification ISIN for TransGlobe ISIN for TransGlobe ISIN for TransGlobe
code Energy Corporation Energy Corporation Energy Corporation
Ordinary Shares: Ordinary Shares: Ordinary Shares:
CA8936621066 CA8936621066 CA8936621066
--------------------- --------------------- ---------------------
c) Nature of the Grant of Deferred Grant of Deferred Grant of Deferred
transaction Share Units Share Units Share Units
--------------------- --------------------- ---------------------
d) Price(s) and Price: Cdn $0.73 Price: Cdn $0.73 Price: Cdn $0.73
volume(s) Volume: 80,137 Volume: 62,329 Volume: 62,329
--------------------- --------------------- ---------------------
e) Aggregated information: Price: $0.73 Price: $0.73 Price: $0.73
i) Price Cdn per DSU Cdn per DSU Cdn per DSU
ii) Volume Volume: 80,137 Volume: 62,329 Volume: 62,329
DSUs DSUs DSUs
--------------------- --------------------- ---------------------
f) Date of the transaction May 22, 2020 May 22, 2020 May 22, 2020
--------------------- --------------------- ---------------------
g) Place of Transaction Outside a trading Outside a trading Outside a trading
venue venue venue
--------------------- --------------------- ---------------------
1) Details of PDMR Edward LaFehr Tim Marchant Steven Sinclair
a) Name
2) Reason for the Director Director Director
notification
a) Position / status
--------------------- --------------------- ---------------------
b) Initial notification Initial notification Initial notification Initial notification
/ amendment
--------------------- --------------------- ---------------------
3) Details of the TransGlobe Energy TransGlobe Energy TransGlobe Energy
issuer Corporation Corporation Corporation
a) Name
--------------------- --------------------- ---------------------
b) Legal Entity 549300QMNS6BDY8UUB03 549300QMNS6BDY8UUB03 549300QMNS6BDY8UUB03
Identifier
--------------------- --------------------- ---------------------
4) Details of transaction Deferred Share Deferred Share Deferred Share
a) Description of Units Units Units
financial instrument
--------------------- --------------------- ---------------------
b) Identification ISIN for TransGlobe ISIN for TransGlobe ISIN for TransGlobe
code Energy Corporation Energy Corporation Energy Corporation
Ordinary Shares: Ordinary Shares: Ordinary Shares:
CA8936621066 CA8936621066 CA8936621066
--------------------- --------------------- ---------------------
c) Nature of the Grant of Deferred Grant of Deferred Grant of Deferred
transaction Share Units Share Units Share Units
--------------------- --------------------- ---------------------
d) Price(s) and Price: Cdn $0.73 Price: Cdn $0.73 Price: Cdn $0.73
volume(s) Volume: 62,329 Volume: 62,329 Volume: 62,329
--------------------- --------------------- ---------------------
e) Aggregated information: Price: $0.73 Price: $0.73 Price: $0.73
i) Price Cdn per DSU Cdn per DSU Cdn per DSU
ii) Volume Volume: 62,329 Volume: 62,329 Volume: 62,329
DSUs DSUs DSUs
--------------------- --------------------- ---------------------
f) Date of the transaction May 22, 2020 May 22, 2020 May 22, 2020
--------------------- --------------------- ---------------------
g) Place of Transaction Outside a trading Outside a trading Outside a trading
venue venue venue
--------------------- --------------------- ---------------------
Notification of a Transaction pursuant to Article 19(3) of
Regulation (EU) No. 596/2014
1) Details Randy Neely Edward Ok Geoffrey Probert
of PDMR
a. Name
2) Reason for President and Vice President Vice President
the notification Chief Executive Finance and Chief and Chief Operating
a. Position Officer Financial Officer Officer
/ status
--------------------- --------------------- ---------------------
b. Initial Initial notification Initial notification Initial notification
notification
/ amendment
--------------------- --------------------- ---------------------
3) Details TransGlobe Energy TransGlobe Energy TransGlobe Energy
of the issuer Corporation Corporation Corporation
a. Name
--------------------- --------------------- ---------------------
b. Legal Entity 549300QMNS6BDY8UUB03 549300QMNS6BDY8UUB03 549300QMNS6BDY8UUB03
Identifier
--------------------- --------------------- ---------------------
4) Details Options Options Options
of transaction
a. Description
of financial
instrument
--------------------- --------------------- ---------------------
b. Identification ISIN for TransGlobe ISIN for TransGlobe ISIN for TransGlobe
code Energy Corporation Energy Corporation Energy Corporation
Ordinary Shares: Ordinary Shares: Ordinary Shares:
CA8936621066 CA8936621066 CA8936621066
--------------------- --------------------- ---------------------
c. Nature of Grant of Options Grant of Options Grant of Options
the transaction
--------------------- --------------------- ---------------------
d. Price(s) Exercise Price: Exercise Price: Exercise Price:
and volume(s) Cdn $0.79 Cdn $0.79 Cdn $0.79
Volume: 315,696 Volume: 157,258 Volume: 188,710
--------------------- --------------------- ---------------------
e. Aggregated Exercise Price: Exercise Price: Exercise Price:
information: $0.79 Cdn per $0.79 Cdn per $0.79 Cdn per
i. Price Option Option Option
ii. Volume Volume: 315,696 Volume: 157,258 Volume: 188,710
Options Options Options
--------------------- --------------------- ---------------------
f. Date of May 22, 2020 May 22, 2020 May 22, 2020
the transaction
--------------------- --------------------- ---------------------
g. Place of Outside a trading Outside a trading Outside a trading
Transaction venue venue venue
--------------------- --------------------- ---------------------
Notification of a Transaction pursuant to Article 19(3) of
Regulation (EU) No. 596/2014
1) Details Randy Neely Edward Ok Geoffrey Probert
of PDMR
a) Name
2) Reason for President and Vice President Vice President
the notification Chief Executive Finance and Chief and Chief Operating
a) Position Officer Financial Officer Officer
/ status
--------------------- --------------------- ---------------------
b) Initial Initial notification Initial notification Initial notification
notification
/ amendment
--------------------- --------------------- ---------------------
3) Details TransGlobe Energy TransGlobe Energy TransGlobe Energy
of the issuer Corporation Corporation Corporation
a) Name
--------------------- --------------------- ---------------------
b) Legal Entity 549300QMNS6BDY8UUB03 549300QMNS6BDY8UUB03 549300QMNS6BDY8UUB03
Identifier
--------------------- --------------------- ---------------------
4) Details Performance Share Performance Share Performance Share
of transaction Units Units Units
a) Description
of financial
instrument
--------------------- --------------------- ---------------------
b) Identification ISIN for TransGlobe ISIN for TransGlobe ISIN for TransGlobe
code Energy Corporation Energy Corporation Energy Corporation
Ordinary Shares: Ordinary Shares: Ordinary Shares:
CA8936621066 CA8936621066 CA8936621066
--------------------- --------------------- ---------------------
c) Nature of Grant of PSUs Grant of PSUs Grant of PSUs
the transaction
--------------------- --------------------- ---------------------
d) Price(s) Price: Cdn $0.73 Price: Cdn $0.73 Price: Cdn $0.73
and volume(s) Volume: 402,188 Volume: 200,342 Volume: 240,411
--------------------- --------------------- ---------------------
e) Aggregated
information:
i) Price Price: $0.73 Price: $0.73 Price: $0.73
ii) Volume Cdn per PSU Cdn per PSU Cdn per PSU
Volume: 402,188 Volume: 200,342 Volume: 240,411
PSUs PSUs PSUs
--------------------- --------------------- ---------------------
f) Date of May 22, 2020 May 22, 2020 May 22, 2020
the transaction
--------------------- --------------------- ---------------------
g) Place of Outside a trading Outside a trading Outside a trading
Transaction venue 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
DSHSEMESIESSEDI
(END) Dow Jones Newswires
May 26, 2020 02:01 ET (06:01 GMT)
Transglobe Energy (LSE:TGL)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
Transglobe Energy (LSE:TGL)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025
