TransGlobe Energy Corporation Announces Director/PDMR Shareholdings


AIM & TSX:  “TGL” & NASDAQ:  “TGA”

CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that it was notified on December 11, 2020 that Randy Neely 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 December 11, 2020 50,000 CAD $1.23 250,000 0.34%


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 & 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 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 ($CAD)


Volume
$1.23                50,000
e) Aggregated information –
Aggregated volume – 50,000 common shares
Aggregated price $1.23 CAD per share
f) Date of the transaction December 11, 2020
g) Place of the transaction TSX


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:


TransGlobe Energy Corporation


Randy Neely, President and CEO

Eddie Ok, CFO
+1 403 264 9888

[email protected]

http://www.trans-globe.com

or via Tailwind Associates or

FTI Consulting


Tailwinds Associates (Investor Relations)


Darren Engels
+1 403 618 8035

[email protected]


http://www.tailwindassociates.ca


FTI Consulting (Financial PR)


Ben Brewerton

Genevieve Ryan

+44(0) 20 3727 1000

[email protected]

Canaccord Genuity (Nomad & Joint-Broker)


Henry Fitzgerald-O’Connor

James Asensio

+44(0) 20 7523 8000

Shore Capital (Joint Broker)


Jerry Keen

Toby Gibbs
+44(0) 20 7408 409



Primary Logo