TransGlobe Energy Corporation Director/PDMR Shareholding (7482O)
03 Juin 2020 - 8:00AM
UK Regulatory
TIDMTGL
RNS Number : 7482O
TransGlobe Energy Corporation
03 June 2020
TRANSGLOBE ENERGY CORPORATION ANNOUNCES DIRECTOR/PDMR
SHAREHOLDINGS
AIM & TSX: "TGL" & NASDAQ: "TGA"
Calgary, Alberta, June 3, 2020 - TransGlobe Energy Corporation
("TransGlobe" or the "Company") announces that it was notified on
June 2, 2020 that on May 29, 2020, June 1, 2020 and June 2, 2020
Tim Marchant 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
Tim Marchant May 29, 2020 10,500 Cdn $0.6995 10,500 0.055%
-------------------- -------------- ----------- ---------------- --------------
June 1, 2020 10,500 Cdn $0.6995 21,000
----------------------------------- -------------- ----------- ---------------- --------------
June 2, 2020 19,000 Cdn $0.6876 40,000
----------------------------------- -------------- ----------- ---------------- --------------
Notification of a Transaction pursuant to Article 19(3) of
Regulation (EU) No. 596/2014
1 Details of PDMR
a) Name Tim Marchant
------------------------------- ---------------------------------------
2 Reason for the notification
------------------------------- ---------------------------------------
a) Position / status Director
------------------------------- ---------------------------------------
Initial notification
b) / amendment Initial notification
------------------------------- ---------------------------------------
3 Details of the issuer
------------------------------- ---------------------------------------
a) Name TransGlobe Energy Corporation
------------------------------- ---------------------------------------
b) Legal Entity Identifier 549300QMNS6BDY8UUB03
------------------------------- ---------------------------------------
4 Details of the transaction(s)
------------------------------- ---------------------------------------
Description of the financial
a) instrument Common Shares
------------------------------- ---------------------------------------
b) Identification code ISIN for TransGlobe Energy Corporation
Ordinary Shares: CA8936621066
------------------------------- ---------------------------------------
c) Nature of the transaction Acquisition of Shares
------------------------------- ---------------------------------------
d) Price(s) and volume(s) Price ($Cdn) Volume
------------------------------- ---------------------------------------
$0.70 10,000
-------------------------------------- ---------------------------------------
$0.69 500
-------------------------------------- ---------------------------------------
Aggregated information
e) -
------------------------------- ---------------------------------------
Aggregated volume - 10,000 common shares
-------------------------------------- ---------------------------------------
Aggregated price $0.70 Cdn per share
-------------------------------------- ---------------------------------------
Aggregated volume - 500 common shares
-------------------------------------- ---------------------------------------
Aggregated price $0.69 Cdn per share
-------------------------------------- ---------------------------------------
f) Date of the transaction May 29, 2020
------------------------------- ---------------------------------------
g) Place of the transaction TSX
------------------------------- ---------------------------------------
1 Details of PDMR
a) Name Tim Marchant
------------------------------- ---------------------------------------
2 Reason for the notification
------------------------------- ---------------------------------------
a) Position / status Director
------------------------------- ---------------------------------------
Initial notification
b) / amendment Initial notification
------------------------------- ---------------------------------------
3 Details of the issuer
------------------------------- ---------------------------------------
a) Name TransGlobe Energy Corporation
------------------------------- ---------------------------------------
b) Legal Entity Identifier 549300QMNS6BDY8UUB03
------------------------------- ---------------------------------------
4 Details of the transaction(s)
------------------------------- ---------------------------------------
Description of the financial
a) instrument Common Shares
------------------------------- ---------------------------------------
b) Identification code ISIN for TransGlobe Energy Corporation
Ordinary Shares: CA8936621066
------------------------------- ---------------------------------------
c) Nature of the transaction Acquisition of Shares
------------------------------- ---------------------------------------
d) Price(s) and volume(s) Price ($Cdn) Volume
------------------------------- ---------------------------------------
$0.70 10,000
-------------------------------------- ---------------------------------------
$0.69 500
-------------------------------------- ---------------------------------------
Aggregated information
e) -
------------------------------- ---------------------------------------
Aggregated volume - 10,000 common shares
------------------------------- ---------------------------------------
Aggregated price $0.70 Cdn per share
------------------------------- ---------------------------------------
Aggregated volume - 500 common shares
------------------------------- ---------------------------------------
Aggregated price $0.69 Cdn per share
------------------------------- ---------------------------------------
f) Date of the transaction June 1, 2020
------------------------------- ---------------------------------------
g) Place of the transaction TSX
------------------------------- ---------------------------------------
1 Details of PDMR
------------------------------------------------------------------------
a) Name Tim Marchant
------------------------------- ---------------------------------------
2 Reason for the notification
------------------------------- ---------------------------------------
a) Position / status Director
------------------------------- ---------------------------------------
Initial notification
b) / amendment Initial notification
------------------------------- ---------------------------------------
3 Details of the issuer
------------------------------- ---------------------------------------
a) Name TransGlobe Energy Corporation
------------------------------- ---------------------------------------
b) Legal Entity Identifier 549300QMNS6BDY8UUB03
------------------------------- ---------------------------------------
4 Details of the transaction(s)
------------------------------- ---------------------------------------
Description of the financial
a) instrument Common Shares
------------------------------- ---------------------------------------
b) Identification code ISIN for TransGlobe Energy Corporation
Ordinary Shares: CA8936621066
------------------------------- ---------------------------------------
c) Nature of the transaction Acquisition of Shares
------------------------------- ---------------------------------------
d) Price(s) and volume(s) Price ($Cdn) Volume
------------------------------- ---------------------------------------
$0.7072 9,000
-------------------------------------- ---------------------------------------
$0.67 10,000
-------------------------------------- ---------------------------------------
Aggregated information
e) -
------------------------------- ---------------------------------------
Aggregated volume - 9,000 common shares
-------------------------------------- ---------------------------------------
Aggregated price $0.7072 Cdn per share
-------------------------------------- ---------------------------------------
Aggregated volume - 10,000 common shares
-------------------------------------- ---------------------------------------
Aggregated price $0.67 Cdn per share
-------------------------------------- ---------------------------------------
f) Date of the transaction June 2, 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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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
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