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TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, Dec. 06, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) (“TransGlobe” or the “Company”) announces that it was notified on December 4, 2018 that on the same day David Cook acquired common shares as follows:

PDMR Number of
Common Shares
Acquired
Price
($USD)
Number of Common
Shares held following the
transaction
% of Company's
issued share capital
held
David Cook 17,500 $2.1197 49,789 0.07%

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

1 Details of PDMR
a) Name David Cook
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 ($USD)  Volume  
    $2.1197 17,500  
e) Aggregated information -  
  Aggregated volume - 17,500 common shares
  Aggregated price $2.1197 USD per share
f) Date of the transaction December 4, 2018
g) Place of the transaction Nasdaq

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: 403.264.9888
Email: investor.relations@trans-globe.com
Web 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)   +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://resource.globenewswire.com/Resource/Download/4f110d5d-5c92-4da0-b258-25133194b352

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