RNS Number : 4936M
Gran Tierra Energy Inc.
15 November 2024
 

GRAN TIERRA ENERGY INC.

 

Company Announcement - Transaction in Own Shares

 

 

November 15, 2024

 

On November 4, 2024 Gran Tierra Energy Inc. ("Gran Tierra") announced a normal course issuer bid (the "NCIB") through the facilities of the Toronto Stock Exchange ("TSX"). The Company received regulatory approval from the TSX on November 4, 2024 to commence the NCIB. Pursuant to the NCIB, Gran Tierra may, for a one year period, purchase for cancellation or hold to satisfy awards granted under Gran Tierra's 2007 Equity Incentive Plan (the "2007 Equity Incentive Plan") up to 3,545,872 of its shares of common stock at prevailing market prices at the time of purchase. The NCIB commenced on November 6, 2024 and will expire on November 5, 2025, or earlier if the 10.00% share maximum is reached. The purpose of the NCIB is to reduce the share capital of Gran Tierra or to satisfy awards granted under the 2007 Equity Incentive Plan.

The following transactions were made under the NCIB on from November 6 through November 14, 2024:

 

Transaction Date

Daily total volume (# Shares)

Daily volume weighted average price of shares acquired (CAD)

Gross Value (CAD)

November 6, 2024

10,000

$6.58

$65,810.53

November 7, 2024

10,000

$6.72

$67,239.12

November 8, 2024

10,000

$6.48

$64,792.69

November 11, 2024

9,367

$6.18

$57,930.20

November 12, 2024

20,000

$6.16

$123,261.86

November 13, 2024

19,337

$6.13

$118,618.09

November 14, 2024

20,000

$6.23

$124,609.77

TOTAL

98,704

$6.30

$622,262.26

 

 

Platform

Nov 6, 2024

Nov. 7, 2024

Nov. 8, 2024

Nov. 11, 2024

Nov. 12, 2024

Nov. 13, 2024

Nov. 14, 2024

 

TSX








Volume

Pure

0

0

0

0

0

0

0

Chi-X

0

0

0

0

0

0

0

Omega

0

0

0

0

0

0

0

TriAct

0

0

0

0

0

0

0

Alpha

0

0

0

0

0

0

0

CNSX

0

0

0

0

0

0

0

LYNX

0

0

0

0

0

0

0

NEO

0

0

0

0

0

0

0

ASE

0

0

0

0

0

0

0

Volume weighted
average price (USD)

TSX

10,000

10,000

10,000

9,367

20,000

19,337

20,000

Pure

-

-

-

-

-

-

-

Chi-X

-

-

-

-

-

-

-

Omega

-

-

-

-

-

-

-

TriAct

-

-

-

-

-

-

-

Alpha

-

-

-

-

-

-

-

CNSX

-

-

-

-

-

-

-

LYNX

-

-

-

-

-

-

-

NEO

-

-

-

-

-

-

-

ASE

$6.58

$6.72

$6.48

$6.18

$6.16

$6.13

$6.23

 

 

All transactions were made under ISIN US38500T2006 and effected by Eight Capital on behalf of Gran Tierra. A full breakdown of the individual trades is attached to this announcement. Following the above transactions, Gran Tierra will have 36,361,437 issued and outstanding shares.

 

Please click on link for a full breakdown of the individual trades to this announcement. 

http://www.rns-pdf.londonstockexchange.com/rns/4936M_1-2024-11-15.pdf 

 

Contact Information:

 

Gary Guidry
Chief Executive Officer

 

Ryan Ellson
Chief Financial Officer

 

Phillip Abraham
Executive Vice President, Legal and Land


(403) 265-3221

info@grantierra.com

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