20 March 2024
VAALCO Energy,
Inc.
("VAALCO" or the
"Company")
Transaction in own
shares
VAALCO Energy, Inc. (NYSE: EGY; LSE:
EGY) ("VAALCO" or the
"Company") announces that,
further to its announcements on November 1, 2022 and November 18,
2022 of the implementation of its share buyback program (the
"Program"), the following
transactions were made under the Program during the period March
11, 2024 to March 12, 2024.
|
Transaction date
|
Daily total volume (in number of shares of common
stock)
|
Daily weighted average price of common stock
acquired
|
Platform
|
|
March 11, 2024
|
49,889
|
4.3600
|
XNYS
|
|
March 12, 2024
|
25,000
|
4.3575
|
XNYS
|
All transactions under the Program were made under ISIN
US91851C2017 and effected by Roth Capital Partners LLC on behalf of
the Company. A full breakdown of the individual trades is attached
to this announcement, and can be viewed by clicking http://www.rns-pdf.londonstockexchange.com/rns/6096H_1-2024-3-20.pdf
for the trades made on March 11, 2024 and http://www.rns-pdf.londonstockexchange.com/rns/6096H_2-2024-3-20.pdf
for the trades made on March 12, 2024. The purpose of the Program
is to reduce the share capital of the Company.
Following the transactions referred
to above, VAALCO has total issued share capital of 122,583,294
common shares, of which 18,382,902 common shares are held in
treasury and 884,174 common shares are unvested common shares,
which are subject to forfeiture. Therefore, the total voting rights
in the Company following the transactions referred to above are
104,200,392.
About VAALCO
VAALCO, founded in 1985 and
incorporated under the laws of Delaware, is a Houston, U.S.-based,
independent energy company with production, development and
exploration assets in Africa and Canada.
VAALCO owns a diverse portfolio of
operated production, development and exploration assets across
Gabon, Egypt, Equatorial Guinea and Canada.
For Further Information
|
VAALCO Energy, Inc. (General and Investor
Enquiries)
|
+00 1 713 623 0801
|
|
Website:
|
www.vaalco.com
|
|
|
|
|
Al
Petrie Advisors (US Investor Relations)
|
+00 1 713 543 3422
|
|
Al Petrie / Chris Delange
|
|
|
|
|
|
Buchanan (UK Financial PR)
|
+44 (0) 20 7466 5000
|
|
Ben Romney / George Pope
|
VAALCO@buchanan.uk.com
|