U.S. Markets open in 1 hr 31 mins

TransGlobe Energy Corporation Announces Director/PDMR Shareholdings

  • Oops!
    Something went wrong.
    Please try again later.
TransGlobe Energy Corporation
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.

AIM & TSX: "TGL" & NASDAQ: "TGA"

CALGARY, Alberta, Dec. 24, 2020 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that it was notified on December 22, 2020 that Steven Sinclair acquired common shares as follows.

PDMR

Date of
Acquisition

Number of
Common Shares
Acquired

Price

Number of Common
Shares held following
the transaction

% of Company's
issued share
capital held

Steven Sinclair

December 22, 2020

25,000

CAD $1.1374

75,000

0.103%

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

1

Details of PDMR

a)

Name

Steven Sinclair

2

Reason for the notification

a)

Position / status

Non-Executive 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 ($CAD)

Volume

$1.1374

25,000

e)

Aggregated information -

Aggregated volume -

25,000 common shares

Aggregated price

$1.1374 CAD per share

f)

Date of the transaction

December 22, 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 Corporation
Randy Neely, President and CEO
Eddie Ok, CFO

+1 403 264 9888
investor.relations@trans-globe.com
http://www.trans-globe.com
or via Tailwind Associat es or
FTI Consulting

Tailwind Associates (Investor Relations)
Darren Engels

+1 403 618 8035
darren@tailwindassociates.ca
http://www.tailwindassociates.ca

FTI Consulting (Financial PR)
Ben Brewerton
Genevieve Ryan

+44(0) 20 3727 1000
transglobeenergy@fticonsulting.com

Canaccord Genuity (Nomad & Joint-Broker)
Henry Fitzgerald-O’Connor
James Asensio

+44(0) 20 7523 8000

Shore Capital (Joint Broker)
Jerry Keen
Toby Gibbs

+44(0) 20 7408 409