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TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, Sept. 06, 2019 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX: "TGL" & NASDAQ: "TGA") ("TransGlobe" or the "Company") announces that it was notified on September 5, 2019 that on September 4 and September 5, 2019 David Cook acquired common shares as follows:

PDMRDate of
Acquisition
Number of
Common Shares
Acquired
Price
($US)
Number of Common
Shares held following
the transaction
% of Company's
issued share capital
held
David CookSeptember 4, 20191,731$1.33 67,8670.09356%
September 5, 201936,000$1.36 103,8670.14318%


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

1Details of PDMR
a)NameDavid Cook
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. 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 ($US) Volume
1.33 1,731
e)Aggregated information -
Aggregated volume -1,731 common shares
Aggregated price$1.33 US per share
f)Date of the transactionSeptember 4, 2019
g)Place of the transactionNASDAQ
B. a)Description of the financial instrumentCommon Shares
b)Identification codeISIN for TransGlobe Energy Corporation Ordinary
Shares: CA8936621066
c)Nature of the transactionAcquisition of Shares
d)Price(s) and volume(s)Price ($US) Volume
1.36 36,000
e)Aggregated information -
Aggregated volume -36,000 common shares
Aggregated price$1.36 US per share
f)Date of the transactionSeptember 5, 2019
g)Place of the transactionNASDAQ


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: +1 403.264.9888
Email: investor.relations@trans-globe.com
Web site: http://www.trans-globe.com
TransGlobe Energy Via FTI Consulting
Randy Neely, President and Chief Executive Officer
Eddie Ok, Vice President and 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 transglobeenergy@fticonsulting.com
Genevieve Ryan

PDF available: http://ml.globenewswire.com/Resource/Download/49da7320-77e6-49fe-b62f-69a5860d844f


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The information posted in this section was accurate at the time of posting, but may be superseded by subsequent disclosures.