TIDMTGL

RNS Number : 4745L

TransGlobe Energy Corporation

06 September 2019

TRANSGLOBE ENERGY CORPORATION ANNOUNCES DIRECTOR/PDMR SHAREHOLDING

AIM & TSX: "TGL" & NASDAQ: "TGA"

Calgary, Alberta, September 6, 2019 - TransGlobe Energy Corporation ("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:

 
 PDMR          Date of Acquisition       Number of   Price  Number of Common    % of Company's 
                                     Common Shares   ($US)       Shares held      issued share 
                                          Acquired             following the      capital held 
                                                                 transaction 
                      September 4, 
 David Cook                   2019           1,731   $1.33            67,867      0.09356% 
              --------------------  --------------  ------  ----------------  ----------- 
                      September 5, 
                              2019          36,000   $1.36           103,867      0.14318% 
 ---------------------------------  --------------  ------  ----------------  -----------

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

 
 1        Details of PDMR 
   a)     Name                             David Cook 
 2        Reason for the notification 
   a)     Position / status                Director 
          Initial notification 
   b)      / amendment                     Initial notification 
 3        Details of the issuer 
   a)     Name                             TransGlobe Energy Corporation 
   b)     Legal Entity Identifier          549300QMNS6BDY8UUB03 
 4        Details of the transaction(s) 
   A.     Description of the financial 
    a)     instrument                      Common Shares 
          Identification code              ISIN for TransGlobe Energy Corporation 
   b)                                       Ordinary Shares: CA8936621066 
   c)     Nature of the transaction        Acquisition of Shares 
   d)     Price(s) and volume(s)           Price ($US) Volume 
                                           1.33 1,731 
          Aggregated information 
   e)      - 
               Aggregated volume -         1,731 common shares 
               Aggregated price            $1.33 US per share 
   f)     Date of the transaction          September 4, 2019 
   g)     Place of the transaction         NASDAQ 
   B.     Description of the financial 
    a)     instrument                      Common Shares 
          Identification code              ISIN for TransGlobe Energy Corporation 
   b)                                       Ordinary Shares: CA8936621066 
   c)     Nature of the transaction        Acquisition of Shares 
   d)     Price(s) and volume(s)           Price ($US) Volume 
                                           1.36 36,000 
          Aggregated information 
   e)      - 
       Aggregated volume -                 36,000 common shares 
       Aggregated price                    $1.36 US per share 
   f)     Date of the transaction          September 5, 2019 
   g)     Place of the transaction         NASDAQ

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 
 Genevieve Ryan                                 transglobeenergy@fticonsulting.com

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END

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