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TGL Transglobe Energy Corporation

295.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Transglobe Energy Corporation LSE:TGL London Ordinary Share CA8936621066 CMN SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 295.00 280.00 310.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

TransGlobe Energy Corporation Director/PDMR Shareholding (3985T)

24/03/2021 5:00pm

UK Regulatory


Transglobe Energy (LSE:TGL)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMTGL

RNS Number : 3985T

TransGlobe Energy Corporation

24 March 2021

TRANSGLOBE ENERGY CORPORATION ANNOUNCES

PDMR SHAREHOLDINGS

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

Calgary, Alberta, March 24, 2021 - TransGlobe Energy Corporation ("TransGlobe" or the "Company") announces that on March 19, 2021 t he Company issued stock options ("Options") to the President and Chief Executive Officer, the Vice President Finance, Chief Financial Officer and Corporate Secretary and the Vice President and Chief Operating Officer (collectively referred to as the "PDMR").

The Company also issued Performance Share Units ("PSUs") on March 19, 2021 to the PDMR in accordance with the Performance Share Unit Plan of the Company. No shares will be issued upon exercise or vesting of any of the share units as the instruments are settled in cash.

 
     PDMR             Position           Type     Quantity     Exercise     Number Held 
                                                   Awarded    Price/Price    Following 
                                                               of Grant        Grant 
                                                                ($Cdn) 
                President and 
                 Chief Executive 
 Randy Neely     Officer                Option    163,655       $2.16        1,417,939 
               ----------------------  --------  ---------  -------------  ------------ 
   PSU                                            209,115       $2.16         877,992 
  ---------------------------------------------  ---------  -------------  ------------ 
                Vice President 
                 Finance, Chief 
                 Financial Officer 
                 and Corporate 
 Edward Ok       Secretary              Option     81,522       $2.16         504,046 
               ----------------------  --------  ---------  -------------  ------------ 
   PSU                                            104,167       $2.16         446,000 
  ---------------------------------------------  ---------  -------------  ------------ 
                Vice President 
 Geoffrey        and Chief Operating 
  Probert        Officer                Option    100,647       $2.16         451,155 
               ----------------------  --------  ---------  -------------  ------------ 
   PSU                                            128,605       $2.16         449,235 
  ---------------------------------------------  ---------  -------------  ------------ 
 

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

 
     1) Details                  Randy Neely             Edward Ok           Geoffrey Probert 
      of PDMR 
      a. Name 
                                President and          Vice President         Vice President 
      2) Reason for             Chief Executive        Finance, Chief       and Chief Operating 
       the notification             Officer           Financial Officer           Officer 
       a. Position                                      and Corporate 
       / status                                           Secretary 
                            ---------------------  ---------------------  --------------------- 
     b. Initial              Initial notification   Initial notification   Initial notification 
      notification 
      / amendment 
                            ---------------------  ---------------------  --------------------- 
       3) Details             TransGlobe Energy      TransGlobe Energy      TransGlobe Energy 
        of the issuer             Corporation            Corporation            Corporation 
        a. Name 
                            ---------------------  ---------------------  --------------------- 
       b. Legal Entity       549300QMNS6BDY8UUB03   549300QMNS6BDY8UUB03   549300QMNS6BDY8UUB03 
        Identifier 
                            ---------------------  ---------------------  --------------------- 
      4) Details                   Options                Options                Options 
       of transaction 
       a. Description 
       of financial 
       instrument 
                            ---------------------  ---------------------  --------------------- 
      b. Identification      ISIN for TransGlobe    ISIN for TransGlobe    ISIN for TransGlobe 
       code                   Energy Corporation     Energy Corporation     Energy Corporation 
                              Ordinary Shares:       Ordinary Shares:       Ordinary Shares: 
                              CA8936621066           CA8936621066           CA8936621066 
                            ---------------------  ---------------------  --------------------- 
       c. Nature of            Grant of Options       Grant of Options       Grant of Options 
        the transaction 
                            ---------------------  ---------------------  --------------------- 
      d. Price(s)            Exercise Price:        Exercise Price:        Exercise Price: 
       and volume(s)          Cdn $2.16              Cdn $2.16              Cdn $2.16 
                              Volume: 163,655        Volume: 81,522         Volume: 100,647 
                            ---------------------  ---------------------  --------------------- 
             e. Aggregated   Exercise Price:        Exercise Price:        Exercise Price: 
              information:    $2.16 Cdn per          $2.16 Cdn per          $2.16 Cdn per 
              i. Price        Option                 Option                 Option 
              ii. Volume      Volume: 163,655        Volume: 81,522         Volume: 100,647 
                              Options                Options                Options 
                            ---------------------  ---------------------  --------------------- 
       f. Date of               March 19, 2021         March 19, 2021         March 19, 2021 
        the transaction 
                            ---------------------  ---------------------  --------------------- 
       g. Place of            Outside a trading      Outside a trading      Outside a trading 
        Transaction                  venue                  venue                  venue 
                            ---------------------  ---------------------  --------------------- 
 

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

 
      1) Details                Randy Neely             Edward Ok           Geoffrey Probert 
       of PDMR 
       a) Name 
                               President and          Vice President         Vice President 
      2) Reason for            Chief Executive        Finance, Chief       and Chief Operating 
       the notification            Officer           Financial Officer           Officer 
       a) Position                                     and Corporate 
       / status                                          Secretary 
                           ---------------------  ---------------------  --------------------- 
      b) Initial            Initial notification   Initial notification   Initial notification 
       notification 
       / amendment 
                           ---------------------  ---------------------  --------------------- 
      3) Details             TransGlobe Energy      TransGlobe Energy      TransGlobe Energy 
       of the issuer             Corporation            Corporation            Corporation 
       a) Name 
                           ---------------------  ---------------------  --------------------- 
      b) Legal Entity       549300QMNS6BDY8UUB03   549300QMNS6BDY8UUB03   549300QMNS6BDY8UUB03 
       Identifier 
                           ---------------------  ---------------------  --------------------- 
      4) Details             Performance Share      Performance Share      Performance Share 
       of transaction               Units                  Units                  Units 
       a) Description 
       of financial 
       instrument 
                           ---------------------  ---------------------  --------------------- 
      b) Identification     ISIN for TransGlobe    ISIN for TransGlobe    ISIN for TransGlobe 
       code                  Energy Corporation     Energy Corporation     Energy Corporation 
                             Ordinary Shares:       Ordinary Shares:       Ordinary Shares: 
                             CA8936621066           CA8936621066           CA8936621066 
                           ---------------------  ---------------------  --------------------- 
      c) Nature of             Grant of PSUs          Grant of PSUs          Grant of PSUs 
       the transaction 
                           ---------------------  ---------------------  --------------------- 
      d) Price(s)           Price: Cdn $2.16       Price: Cdn $2.16       Price: Cdn $2.16 
       and volume(s)         Volume: 209,115        Volume: 104,167        Volume: 128,605 
                           ---------------------  ---------------------  --------------------- 
            e) Aggregated 
             information: 
             i) Price         Price: $2.16           Price: $2.16           Price: $2.16 
             ii) Volume       Cdn per PSU            Cdn per PSU            Cdn per PSU 
                              Volume: 209,115        Volume: 104,167        Volume: 128,605 
                              PSUs                   PSUs                   PSUs 
                           ---------------------  ---------------------  --------------------- 
      f) Date of               March 19, 2021         March 19, 2021         March 19, 2021 
       the transaction 
                           ---------------------  ---------------------  --------------------- 
      g) Place of            Outside a trading      Outside a trading      Outside a trading 
       Transaction                  venue                  venue                  venue 
                           ---------------------  ---------------------  --------------------- 
 

About TransGlobe

TransGlobe Energy Corporation is a cashflow 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                                   +1 403 264 9888 
  Randy Neely, President and CEO              investor.relations@trans-globe.com 
  Eddie Ok, CFO                                       http://www.trans-globe.com 
                                                      or via Tailwind Associates 
                                                                              or 
                                                                  FTI Consulting 
 Tailwind Associates (Investor Relations)                        +1 403 618 8035 
  Darren Engels                                     darren@tailwindassociates.ca 
                                                http://www.tailwindassociates.ca 
 FTI Consulting (Financial PR)                               +44(0) 20 3727 1000 
  Ben Brewerton                               transglobeenergy@fticonsulting.com 
  Genevieve Ryan 
 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 4090 
 

This information is provided by RNS, the news service of the 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.

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END

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March 24, 2021 13:00 ET (17:00 GMT)

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