TransGlobe Energy Corporation Announces Director/PDMR Shareholding

12/20/2018, 8:00 AM (Source: GlobeNewswire)

CALGARY, Alberta, Dec. 20, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX: “TGL” & NASDAQ: “TGA”) (“TransGlobe” or the “Company”) announces that it was notified on December 19, 2018 that on the same day Steven Sinclair acquired common shares as follows:

PDMRNumber of
 Common Shares
 Acquired
Price
 ($CDN)
Number of Common
 Shares held following the
transaction
% of Company's
issued share capital
held
Steven Sinclair20,000$2.28750,0000.069%

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

1Details of PDMR
a)NameSteven Sinclair
2Reason for the notification 
a)Position / statusDirector
b)Initial notification / amendmentInitial notification
3Details of the issuer 
a)NameTransGlobe Energy Corporation
b)Legal Entity Identifier549300QMNS6BDY8UUB03
4Details of the transaction(s) 
a)Description of the financial instrumentCommon Shares
b)Identification codeISIN for TransGlobe Energy Corporation Ordinary Shares: CA8936621066
c)Nature of the transactionAcquisition of Shares
d)Price(s) and volume(s)Price ($CDN)               Volume
  2.2796                         10,000
  2.2946                         10,000
e)Aggregated information - 
 Aggregated volume -20,000 common shares
 Aggregated price$2.287 CDN per share
f)Date of the transactionDecember 19, 2018
g)Place of the transactionToronto Stock Exchange

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: 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 www.trans-globe.com
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) 207 448 0200
Jonathan Wright  
   
FTI Consulting (Financial PR) +44 (0) 203 727 1000
Ben Brewerton  
Genevieve Ryan transglobeenergy@fticonsulting.com 
   

PDF available: http://resource.globenewswire.com/Resource/Download/7f700d34-fcb5-4969-82b8-9dc77d63ead2

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