{"id":399533,"date":"2020-12-15T02:03:05","date_gmt":"2020-12-15T07:03:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399533"},"modified":"2020-12-15T02:03:05","modified_gmt":"2020-12-15T07:03:05","slug":"transglobe-energy-corporation-announces-director-pdmr-shareholdings-7","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/transglobe-energy-corporation-announces-director-pdmr-shareholdings-7\/","title":{"rendered":"TransGlobe Energy Corporation Announces Director\/PDMR Shareholdings"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>AIM &amp; TSX:\u00a0 &#8220;TGL&#8221; &amp; NASDAQ:\u00a0 &#8220;TGA&#8221;<\/strong><br \/>\n        \n      <\/p>\n<p align=\"justify\">CALGARY, Alberta, Dec.  15, 2020  (GLOBE NEWSWIRE) &#8212; TransGlobe Energy Corporation (\u201cTransGlobe\u201d or the \u201cCompany\u201d) announces that it was notified on December 11, 2020 that Randy Neely acquired common shares as follows.<\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>\u00a0PDMR<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>Date of Acquisition<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>Number of <br \/>Common Shares Acquired<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>Price<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>Number of Common <br \/>Shares held following <br \/>the transaction<\/strong>\n          <\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>% of Company&#8217;s <br \/>issued share <br \/>capital held<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: middle\">\u00a0Randy Neely<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">December 11, 2020<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">50,000<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">CAD $1.23<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">250,000<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;border-right: solid black 1pt;vertical-align: middle\">0.34%\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong>Notification of a Transaction pursuant to Article 19(3) of Regulation (EU) No. 596\/2014<\/strong>\n      <\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"vertical-align: bottom\">\n            <strong>1<\/strong><br \/>\n            \n          <\/td>\n<td colspan=\"3\" style=\"vertical-align: bottom\">\n            <strong>Details of PDMR<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: top\">a)<\/td>\n<td style=\"vertical-align: bottom\">Name<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">Randy Neely<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\n            <strong>2<\/strong>\n          <\/td>\n<td style=\"vertical-align: bottom\">\n            <strong>Reason for the notification<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">a)<\/td>\n<td style=\"vertical-align: bottom\">Position \/ status<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">President &amp; Chief Executive Officer<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">b)<\/td>\n<td style=\"vertical-align: bottom\">Initial notification \/ amendment<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">Initial notification<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\n            <strong>3<\/strong>\n          <\/td>\n<td style=\"vertical-align: bottom\">\n            <strong>Details of the issuer<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">a)<\/td>\n<td style=\"vertical-align: bottom\">Name<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">TransGlobe Energy Corporation<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">b)<\/td>\n<td style=\"vertical-align: bottom\">Legal Entity Identifier<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">549300QMNS6BDY8UUB03<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\n            <strong>4<\/strong>\n          <\/td>\n<td style=\"vertical-align: bottom\">\n            <strong>Details of the transaction(s)<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">a)<\/td>\n<td style=\"vertical-align: bottom\">Description of the financial instrument<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">Common Shares<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">b)<\/td>\n<td style=\"vertical-align: top\">Identification code<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">ISIN for TransGlobe Energy Corporation Ordinary Shares: CA8936621066<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">c)<\/td>\n<td style=\"vertical-align: bottom\">Nature of the transaction<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">Acquisition of Shares<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">d)<\/td>\n<td style=\"vertical-align: bottom\">Price(s) and volume(s)<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">\n            <u>Price ($CAD)<\/u>\u00a0 \u00a0<u>Volume<\/u><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"padding-right: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">$1.23\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 50,000<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">e)<\/td>\n<td style=\"vertical-align: bottom\">Aggregated information &#8211;<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0Aggregated volume &#8211;<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">50,000 common shares<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0Aggregated price<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">$1.23 CAD per share<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">f)<\/td>\n<td style=\"vertical-align: bottom\">Date of the transaction<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">December 11, 2020<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">g)<\/td>\n<td style=\"vertical-align: bottom\">Place of the transaction<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">TSX<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong>About TransGlobe<\/strong>\n      <\/p>\n<p align=\"justify\">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\u2019s 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.<\/p>\n<p align=\"justify\">For Further information, please contact:<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>TransGlobe Energy Corporation<\/strong><br \/>\n            <br \/>Randy Neely, President and CEO<br \/>Eddie Ok, CFO<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">+1 403 264 9888<br \/>investor.relations@trans-globe.com<br \/>http:\/\/www.trans-globe.com<br \/>or via Tailwind Associates or <br \/>FTI Consulting<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>Tailwinds Associates (Investor Relations)<\/strong><br \/>\n            <br \/>Darren Engels<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">+1 403 618 8035<br \/>darren@tailwindassociates.ca<br \/><a href=\"http:\/\/www.tailwindassociates.ca\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.tailwindassociates.ca<\/a><a href=\"http:\/\/www.tailwindassociates.ca\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><\/p>\n<p><\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>FTI Consulting (Financial PR)<\/strong><br \/>\n            <br \/>Ben Brewerton<br \/>Genevieve Ryan<\/p>\n<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">+44(0) 20 3727 1000<br \/>transglobeenergy@fticonsulting.com<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>Canaccord Genuity (Nomad &amp; Joint-Broker)<\/strong><br \/>\n            <br \/>Henry Fitzgerald-O\u2019Connor<br \/>James Asensio<\/p>\n<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">+44(0) 20 7523 8000<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>Shore Capital (Joint Broker)<\/strong><br \/>\n            <br \/>Jerry Keen<br \/>Toby Gibbs<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">+44(0) 20 7408 409<\/td>\n<\/tr>\n<\/table>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMjExOSMzODgxMjIxIzIwODQ2OTY=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/6ae04abb-1c58-45e5-b9e1-0137e784298e\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>AIM &amp; TSX:\u00a0 &#8220;TGL&#8221; &amp; NASDAQ:\u00a0 &#8220;TGA&#8221; CALGARY, Alberta, Dec. 15, 2020 (GLOBE NEWSWIRE) &#8212; TransGlobe Energy Corporation (\u201cTransGlobe\u201d or the \u201cCompany\u201d) announces that it was notified on December 11, 2020 that Randy Neely acquired common shares as follows. \u00a0PDMR Date of Acquisition Number of Common Shares Acquired Price Number of Common Shares held following the transaction % of Company&#8217;s issued share capital held \u00a0Randy Neely December 11, 2020 50,000 CAD $1.23 250,000 0.34%\u00a0 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 \u00a0 a) Position \/ status President &amp; Chief Executive Officer b) Initial notification \/ amendment Initial notification 3 Details of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/transglobe-energy-corporation-announces-director-pdmr-shareholdings-7\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TransGlobe Energy Corporation Announces Director\/PDMR Shareholdings&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399533","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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