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TransGlobe Energy Corporation Announces PDMR Shareholding

CALGARY, Alberta, June 25, 2019 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) announces that it was notified on June 21, 2019 that on the same day Randy Neely, President and CEO and Edward Ok, Vice President and Chief Financial Officer acquired common shares as follows:

PDMR Date of
Acquisition
Number of
Common Shares
Acquired
Price Number of
Common Shares
held following the
transaction
% of Company's
issued share capital
held
Randy Neely June 21, 2019 25,000 Cdn $1.89 175,300 0.242
Edward Ok June 21, 2019 20,000 US $1.44 45,615 0.063

 

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

1 Details of PDMR
a) Name Randy Neely
2 Reason for the notification  
a) Position / status President and CEO
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
    1.890                                                                    25,000
e) Aggregated information -  
   Aggregated volume - 25,000 common shares
   Aggregated price  $1.890 Cdn per share
f) Date of the transaction June 21, 2019
g) Place of the transaction Toronto Stock Exchange


1 Details of PDMR
a) Name Edward Ok
2 Reason for the notification  
a) Position / status Vice President and Chief Financial Officer
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 ($US)                                                         Volume
    1.435                                                                   20,000
e) Aggregated information -  
   Aggregated volume - 20,000 common shares
   Aggregated price  $1.435 US per share
f) Date of the transaction June 21, 2019
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: +1 403.444.4787
Email: investor.relations@trans-globe.com
Web site:  http://www.trans-globe.com
 
   
TransGlobe Energy Via FTI Consulting
   
Randy Neely, President and Chief Executive Officer  
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) 20 7448 0200
Jonathan Wright  
   
FTI Consulting (Financial PR) +44 (0) 20 3727 1000
Ben Brewerton  
Genevieve Ryan transglobeenergy@fticonsulting.com

PDF available: http://ml.globenewswire.com/Resource/Download/346f45ee-a5d9-4157-8174-197622b8c30e

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