Authorization

TransGlobe Energy Corporation Announces Director/PDMR Shareholdings

AIM & TSX:A  a??TGLa?? & NASDAQ:A  a??TGAa??
CALGARY, Alberta, May 26, 2020 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (a??TransGlobea?? or the a??Companya??) announces that on May 22, 2020, David Cook, Carol Bell, Ross Clarkson, Edward LaFehr, Tim Marchant and Steven Sinclair all Directors of the Company received Deferred Share Units (a??DSUsa??) as part of the Companya??s director compensation program and will count towards their respective shareholding requirements.

Director



Number of DSUs issued



Price
Granted
($Cdn)



Number of DSUs held following the transaction



% of Company's issued share capital held



David Cook



80,137



$0.73



335,036



DSUs are settled in cash and have no effect on share capital



Carol Bell



62,329



$0.73



93,235



Ross Clarkson



62,329



$0.73



93,235



Edward LaFehr



62,329



$0.73



93,235



Tim Marchant



62,329



$0.73



62,329



Steven Sinclair



62,329



$0.73



148,594

The DSUs were issued in accordance with the Deferred Share Unit Plan of the Company.A  No shares will be issued upon retirement or vesting of any of the share units as the instruments are settled in cash.The Company has also issued stock options (a??Optionsa??) on May 22, 2020 to the President and Chief Executive Officer, the Vice President Finance and Chief Financial Officer and the Vice President and Chief Operating Officer (collectively referred to as the a??PDMRsa??).The Company has also issued Performance Share Units (a??PSUsa??) on May 22, 2020 to the PDMRs in accordance with the Performance Share Unit Plan of the Company.A  No shares will be issued upon exercise or vesting of any of the share units as the instruments are settled in cash.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Июль 2020    »
ПнВтСрЧтПтСбВс
 12345
6789101112
13141516171819
20212223242526
2728293031