TransGlobe Energy Corporation Announces Director/PDMR Shareholding
September 14 2018 - 5:23PM
TransGlobe Energy Corporation (“TransGlobe” or the “Company”)
announces that it was notified on September 14th, 2018 that on the
same day Robert G. Jennings, Fred Dyment, Susan MacKenzie, Robert
MacDougall, David Cook, Matt Brister and Steven Sinclair, all
Independent Directors received Deferred Share Units
(“
DSUs”) relating to the payment of the dividend
as follows:
Director |
Number of DSUs granted |
PriceGranted($Cdn) |
Number of DSUs held following the transaction |
% of Company's issued share capital held |
Robert Jennings |
1,523 |
$4.90 |
165,434 |
DSUs are settled in cash and have no effect on share
capital |
Fred Dyment |
1,018 |
$4.90 |
110,576 |
Susan MacKenzie |
1,098 |
$4.90 |
119,269 |
David Cook |
1,898 |
$4.90 |
206,176 |
Robert MacDougall |
1,106 |
$4.90 |
120,147 |
Matt Brister |
488 |
$4.90 |
53,047 |
Steven Sinclair |
488 |
$4.90 |
53,047 |
As well the Company announces that it was
notified on 14 September 2018 that on the same day Ross Clarkson
(CEO), Randy Neely (President), Edward Ok (Vice President Finance
& CFO), Lloyd Herrick (Vice President & COO), Brett Norris
(Vice President, Exploration) and Marilyn Vrooman-Robertson
(Company Secretary) all persons discharging managerial
responsibilities with the Corporation received Performance Share
Units (“PSUs”) and Restricted Share Units (“RSUs”)
as a result of the Company having declared a dividend.
PDMR |
Number of RSUs granted |
PriceGranted($Cdn) |
Number of RSUs held following the transaction |
% of Company's issued share capital held |
Ross Clarkson |
386 |
$4.90 |
41,919 |
RSUs are settled in cash and have no effect on share
capital |
Randy Neely |
205 |
$4.90 |
22,272 |
Edward Ok |
189 |
$4.90 |
20,487 |
Lloyd Herrick |
306 |
$4.90 |
33,239 |
Brett Norris |
138 |
$4.90 |
15,005 |
Marilyn Vrooman-Robertson |
212 |
$4.90 |
23,054 |
PDMR |
Number of PSUs granted |
PriceGranted($Cdn) |
Number of PSUs held following the transaction |
% of Company's issued share capital held |
Ross Clarkson |
3,893 |
$4.90 |
422,863 |
PSUs are settled in cash and have no effect on share
capital |
Randy Neely |
2,673 |
$4.90 |
290,398 |
Edward Ok |
848 |
$4.90 |
92,109 |
Lloyd Herrick |
3,088 |
$4.90 |
335,398 |
Brett Norris |
1,419 |
$4.90 |
154,173 |
Marilyn Vrooman-Robertson |
29 |
$4.90 |
3,105 |
The newly granted share units were granted in
accordance with the Deferred Share Unit Plan, Performance Share
Unit Plan and the Restricted 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. The DSUs
will count towards the respective shareholdings requirements for
directors as outlined in the Company’s compensation policy which
voted on by shareholders annually.
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 of PDMR |
a) |
Name |
Robert Jennings |
2 |
Reason for the notification |
a) |
Position / status |
Independent 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 |
Deferred Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Deferred Share Units due to
dividend |
d) |
Price(s) and volume(s) |
Price |
Volume |
|
$4.90 |
1,523 |
|
|
e) |
Aggregated information |
|
- Aggregated volume |
1,523 Deferred Share Units granted at $4.90 per
share |
- Aggregated price |
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Fred Dyment |
2 |
Reason for the notification |
a) |
Position / status |
Independent 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 |
Deferred Share Unit |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Deferred Share Units due to dividend |
d) |
Price(s) and volume(s) |
Price |
Volume |
$4.90 |
1,018 Deferred Share units |
|
e) |
Aggregated information |
|
|
|
- Aggregated volume |
1,018 Deferred Share Units granted at $4.90 per
share |
- Aggregated price |
|
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Susan MacKenzie |
2 |
Reason for the notification |
a) |
Position / status |
Independent 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 |
Deferred Share Unit |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of deferred Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 1,098 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
1,098
Deferred Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
|
|
1 |
Details of PDMR |
a) |
Name |
Robert MacDougall |
2 |
Reason for the notification |
a) |
Position / status |
Independent 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 |
Deferred Share Unit |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of deferred Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 1,106 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
1,106
Deferred Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
David Cook |
2 |
Reason for the notification |
a) |
Position / status |
Independent 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 |
Deferred Share Unit |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of deferred Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 1,898 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
1,898
Deferred Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Matt Brister |
2 |
Reason for the notification |
a) |
Position / status |
Independent 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 |
Deferred Share Unit |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of deferred Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 488 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
488
Deferred Share Units granted at $4.90per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Steven Sinclair |
2 |
Reason for the notification |
a) |
Position / status |
Independent 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 |
Deferred Share Unit |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of deferred Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume
488 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
488
Deferred Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Ross Clarkson |
2 |
Reason for the notification |
a) |
Position / status |
Chief Executive 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 |
Performance Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Performance Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 3,893 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
3,893 Performance Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Ross Clarkson |
2 |
Reason for the notification |
a) |
Position / status |
Chief Executive 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 |
Restricted Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Restricted Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 386 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
386
Restricted Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Randy Neely |
2 |
Reason for the notification |
a) |
Position / status |
President |
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 |
Performance Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Performance Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume
2,673 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
2,673
Performance Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Randy Neely |
2 |
Reason for the notification |
a) |
Position / status |
President |
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 |
Restricted Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Restricted Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume
205 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
205
Restricted Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Edward Ok |
2 |
Reason for the notification |
a) |
Position / status |
Vice President Finance & CFO |
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 |
Performance Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Performance Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 848 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
848
Performance Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Edward Ok |
2 |
Reason for the notification |
a) |
Position / status |
Vice President Finance & CFO |
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 |
Restricted Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Restricted Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 189 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
189
Restricted Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Lloyd Herrick |
2 |
Reason for the notification |
a) |
Position / status |
Vice President & COO |
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 |
Performance Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Performance Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 3,088 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
3,088
Performance Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Lloyd Herrick |
2 |
Reason for the notification |
a) |
Position / status |
Vice President & COO |
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 |
Restricted Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Restricted Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 306 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
306
Restricted Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Brett Norris |
2 |
Reason for the notification |
a) |
Position / status |
Vice President Exploration |
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 |
Performance Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Performance Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume
1,419 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
1,419
Performance Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Brett Norris |
2 |
Reason for the notification |
a) |
Position / status |
Vice President Exploration |
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 |
Restricted Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Restricted Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume
138 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
138
Restricted Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Marilyn Vrooman-Robertson |
2 |
Reason for the notification |
a) |
Position / status |
Company Secretary |
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 |
Performance Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Performance Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume 29 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
29
Performance Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
1 |
Details of PDMR |
a) |
Name |
Marilyn Vrooman-Robertson |
2 |
Reason for the notification |
a) |
Position / status |
Company Secretary |
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 |
Restricted Share Units |
b) |
Identification code |
ISIN for TransGlobe Energy Corporation Ordinary Shares:
CA8936621066 |
c) |
Nature of the transaction |
Grant of Restricted Share Units |
d) |
Price(s) and volume(s) |
Price
$4.90 |
Volume
212 |
|
|
e) |
Aggregated information |
|
|
- Aggregated volume |
212
Restricted Share Units granted at $4.90 per share |
|
- Aggregated price |
|
|
f) |
Date of the transaction |
September 14, 2018 |
g) |
Place of the transaction |
Calgary, Canada |
About TransGlobe
TransGlobe Energy Corporation is a
Calgary-based, growth-oriented 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 RelationsTelephone: 403.264.9888
Email: investor.relations@trans-globe.com Web site:
http://www.trans-globe.com
TransGlobe
Energy |
Via FTI
Consulting |
Ross Clarkson, Chief
Executive Officer Randy Neely, President Eddie Ok, Chief Financial
Officer |
www.trans-globe.com |
|
|
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 |
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FTI Consulting
(Financial PR) |
+44 (0)
203 727 1000 |
Ben Brewerton Emerson
Clarke Genevieve Ryan |
transglobeenergy@fticonsulting.com |
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TransGlobe Energy (NASDAQ:TGA)
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From Mar 2024 to Apr 2024
TransGlobe Energy (NASDAQ:TGA)
Historical Stock Chart
From Apr 2023 to Apr 2024