TransGlobe Energy Corporation Announces Director/PDMR Shareholding

TransGlobe Energy Corporation (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) (“TransGlobe” or the “Company”) announces that it was notified on December 7, 2018 that on the same day G. R. (Bob) MacDougall 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
George (Bob) MacDougall	20,000	$2.6740		47,800	0.07%

 

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

1	Details of PDMR
a)	Name	George (Bob) MacDougall
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
		2.64	900
		2.65	3,700
		2.66	100
		2.67	4,200
		2.68	4,400
		2.69	5,500
		2.70	1,200
e)	Aggregated information -
	Aggregated volume -	20,000 common shares
	Aggregated price	$2.6740 CDN per share
f)	Date of the transaction	December 7, 2018
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 RelationsTelephone: [phone]Email: [e-mail] site:  http://www.trans-globe.com		Via FTI Consulting
TransGlobe Energy		www.trans-globe.com
Ross Clarkson, Chief Executive Officer
Randy Neely, President
Eddie Ok, Chief Financial Officer
Canaccord Genuity  (Nomad & Joint Broker)		[phone]
Henry Fitzgerald-O'Connor
James Asensio
GMP First Energy (Joint Broker)		[phone]
Jonathan Wright
FTI Consulting (Financial PR)		[phone]
Ben Brewerton		[e-mail]
Genevieve Ryan

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