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TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, Oct. 02, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) announces that it was notified on September 28, 2018 that on the same day Ross Clarkson disposed of common shares as follows: 

PDMR Number of Common Shares Disposed Price
($USD)
Number of Common Shares held following the transaction % of Company's issued share capital held
Ross Clarkson 500,000 $ 3.35448 1,844,493 2.5%
           

Notification of a Transaction pursuant to Article 19(3) of Regulation (EU) No. 596/2014

1. Details of PDMR
a) Name Ross Clarkson
2. Reason for the notification
a) Position / status CEO
b) Initial notification / amendment Initial notification
3. Details of the issuer
a) Name TransGlobe Energy Corporation
b) Legal Entity Identifier 549300QMNS6BDY8UUB03
4. Details of the transaction(s)
a) Description of the financial instrument Common Shares
b) Identification code ISIN for TransGlobe Energy Corporation Ordinary Shares: CA8936621066
c) Nature of the transaction Disposal of Shares
d) Price(s) and volume(s) Price ($USD)   Volume
$3.35448          500,000
e) Aggregated information  
  • Aggregated volume 500,000 common shares
  • Aggregated price $3.35448 USD per share
f) Date of the transaction September 28, 2018
g) Place of the transaction Calgary, Canada
     

About TransGlobe

TransGlobe Energy Corporation is a Calgary-based, growth-oriented 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: 403.264.9888
Email: investor.relations@trans-globe.com
Web site:  http://www.trans-globe.com

TransGlobe Energy Via FTI Consulting
Ross Clarkson, Chief Executive Officer
Randy Neely, President
Eddie Ok, Chief Financial Officer
www.trans-globe.com

 
   
Canaccord Genuity (Nomad & Joint Broker) +44 (0) 20 7523 8000
Henry Fitzgerald-O'Connor
James Asensio
 
   
GMP First Energy (Joint Broker) +44(0)207 448 0200
Jonathan Wright
 
   
FTI Consulting (Financial PR) +44 (0) 203 727 1000
Ben Brewerton
Emerson Clarke
Genevieve Ryan
transglobeenergy@fticonsulting.com
   

PDF available: http://resource.globenewswire.com/Resource/Download/52ae1999-f81c-46ad-a9fa-50841b9d5182