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TransGlobe Energy Corporation Reports Voting Results


/EINPresswire.com/ -- CALGARY, ALBERTA -- (Marketwired) -- 05/13/16 -- TransGlobe Energy Corporation ("TransGlobe") (TSX: TGL)(NASDAQ: TGA) announced the voting results from its annual general and special meeting of shareholders held on May 12, 2016. The results of each matter voted upon at the meeting are as follows:


                                      Outcome of               Votes Against
Description of Matter                    Vote        Votes For   or Withheld
------------------------------------ ----------- ------------- -------------
1. Fixing the number of directors of
    TransGlobe to be elected at the
    meeting at eight (8).              Approved         94.46%         5.54%

2. Election of directors:              Approved

   Robert G. Jennings                                   98.70%         1.30%
   Ross G. Clarkson                                     97.41%         2.59%
   Geoffrey C. Chase                                    97.70%         2.30%
   David B. Cook                                        71.75%        28.25%
   Fred J. Dyment                                       94.86%         5.14%
   Lloyd W. Herrick                                     96.30%         3.70%
   Bob (G.R.) MacDougall                                98.71%         1.29%
   Susan M. MacKenzie                                   98.69%         1.31%

3. Appointment of Deloitte & Touche
    LLP, Chartered Accountants, as
    auditors of TransGlobe.            Approved  Show of hands Show of hands

4. Acceptance of the Company's
    approach to executive
    compensation.                      Approved         93.81%         6.19%

5. Approval of a new stock option
    plan for the Company and all
    unallocated options issuable
    under such stock option plan.      Approved         82.30%        17.70%

About TransGlobe Energy Corporation

TransGlobe is a Calgary-based, growth-oriented oil and gas exploration and development company focused on the Middle East/North Africa region with production operations in the Arab Republic of Egypt. TransGlobe's common shares trade on the Toronto Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA. TransGlobe's convertible debentures trade on the Toronto Stock Exchange under the symbol TGL.DB.

Contacts:
TransGlobe Energy Corporation
Investor Relations
Steve Langmaid
(403) 444-4787
investor.relations@trans-globe.com
www.trans-globe.com


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