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TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, March 25, 2019 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) announces that it was notified on March 22, 2019 that on the same day Edward LaFehr acquired common shares as follows:

PDMR Number of Common Shares Acquired Price
 ($CDN)
Number of Common Shares held following the transaction % of Company's issued share capital held  
Edward LaFehr 2,000 $ 2.740 4,000 0.00552 %
             

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

1 Details of PDMR
a) Name Edward LaFehr
2 Reason for the notification  
a) Position / status Director
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 Acquisition of Shares
d) Price(s) and volume(s) Price ($CDN)  Volume
    2.740               2,000
e) Aggregated information -  
  Aggregated volume - 2,000 common shares
  Aggregated price $2.740 CDN per share
f) Date of the transaction March 22, 2019
g) Place of the transaction Toronto Stock Exchange
     

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: +1 403.264.9888
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) 207 448 0200
Jonathan Wright    
     
FTI Consulting (Financial PR)   +44 (0) 203 727 1000
Ben Brewerton    
Genevieve Ryan   transglobeenergy@fticonsulting.com
     

PDF available: http://ml.globenewswire.com/Resource/Download/870a066a-5006-406f-9702-6a71528bcfb7