Vaalco Energy Inc PDMR dealings (6379Z)

TIDMEGY

RNS Number : 6379Z

Vaalco Energy Inc

16 May 2023

16 May 2023

VAALCO Energy, Inc.

("VAALCO" or the "Company")

PDMR dealings

VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") announces that on May 12, 2023 and May 15, 2023, there were the following acquisitions of common stock, of par value $0.10 per share, of the Company ("Common Stock") by persons discharging managerial responsibility in the Company:

 
 Name               Role               Nature of transaction    Number of shares 
                                                                 of Common Stock 
                    Chairman of the    Acquisition of 
 Andrew Fawthrop     Board              Common Stock            5,465 
                   =================  =======================  ================= 
                    Chief Executive    Acquisition of 
 George Maxwell      Officer            Common Stock            10,000 
                   =================  =======================  ================= 
 

About VAALCO

VAALCO, founded in 1985 and incorporated under the laws of Delaware, is a Houston, USA based, independent energy company with production, development and exploration assets in Africa and Canada.

Following its business combination with TransGlobe in October 2022, VAALCO owns a diverse portfolio of operated production, development and exploration assets across Gabon, Egypt, Equatorial Guinea and Canada.

For Further Information

 
 VAALCO Energy, Inc. (General and Investor 
  Enquiries)                                   +00 1 713 623 0801 
 Website:                                      www.vaalco.com 
 
 Al Petrie Advisors (US Investor Relations)    +00 1 713 543 3422 
 Al Petrie / Chris Delange 
 
 Buchanan (UK Financial PR)                    [phone] 
 Ben Romney / J on Krinks                      [e-mail] 
 
 
       Details of the Person discharging managerial responsibilities 
  1.    / person closely associated 
 a)    Name                            Andrew Fawthrop 
      ------------------------------  ---------------------------------------- 
       Reason for the notification 
  2. 
      ------------------------------------------------------------------------ 
 a)    Position / status               Chairman of the Board 
      ------------------------------  ---------------------------------------- 
 b)    Initial notification            Initial notification 
        / amendment 
      ------------------------------  ---------------------------------------- 
       Details of the issuer, UK emission allowance market participant, 
  3.    auction platform or auctioneer 
      ------------------------------------------------------------------------ 
 a)    Name                            VAALCO Energy, Inc. 
      ------------------------------  ---------------------------------------- 
 b)    LEI                              549300CFHFVIWB8M6T24 
      ------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4.    (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions have 
        been conducted 
      ------------------------------------------------------------------------ 
 a)    Description of the              Common Stock, par value $0.10 per share 
        financial instrument, 
        type of instrument              US91851C2017 
        Identification code 
      ------------------------------  ---------------------------------------- 
 b)    Nature of the transaction       Acquisition of Common Stock 
      ------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s)          Volume: 5,465 
                                        Price: US$3.6664 
      ------------------------------  ---------------------------------------- 
 d)         Aggregated information     N/A 
              *    Aggregated volume 
 
 
              *    Aggregated price 
      ------------------------------  ---------------------------------------- 
 e)    Date of the transaction         12 May 2023 
      ------------------------------  ---------------------------------------- 
 f)    Place of the transaction        New York Stock Exchange 
      ------------------------------  ---------------------------------------- 
 
 
       Details of the Person discharging managerial responsibilities 
  1.    / person closely associated 
 a)    Name                            George Maxwell 
      ------------------------------  ---------------------------------------- 
       Reason for the notification 
  2. 
      ------------------------------------------------------------------------ 
 a)    Position / status               Chief Executive Officer 
      ------------------------------  ---------------------------------------- 
 b)    Initial notification            Initial notification 
        / amendment 
      ------------------------------  ---------------------------------------- 
       Details of the issuer, UK emission allowance market participant, 
  3.    auction platform or auctioneer 
      ------------------------------------------------------------------------ 
 a)    Name                            VAALCO Energy, Inc. 
      ------------------------------  ---------------------------------------- 
 b)    LEI                              549300CFHFVIWB8M6T24 
      ------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4.    (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions have 
        been conducted 
      ------------------------------------------------------------------------ 
 a)    Description of the              Common Stock, par value $0.10 per share 
        financial instrument, 
        type of instrument              US91851C2017 
        Identification code 
      ------------------------------  ---------------------------------------- 
 b)    Nature of the transaction       Acquisition of Common Stock 
      ------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s)          Volume: 10,000 
                                        Price: US$3.70 
      ------------------------------  ---------------------------------------- 
 d)         Aggregated information     N/A 
              *    Aggregated volume 
 
 
              *    Aggregated price 
      ------------------------------  ---------------------------------------- 
 e)    Date of the transaction         15 May 2023 
      ------------------------------  ---------------------------------------- 
 f)    Place of the transaction        New York Stock Exchange 
      ------------------------------  ---------------------------------------- 
 

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END

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May 16, 2023 13:15 ET (17:15 GMT)