16 May 2023
VAALCO Energy, Inc.
("VAALCO" or the "Company")
PDMR dealings
VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") announces that on May 12, 2023 and May 15, 2023, there were the following acquisitions of common stock, of par value $0.10 per share, of the Company ("Common Stock") by persons discharging managerial responsibility in the Company:
| Name |
Role |
Nature of transaction |
Number of shares of Common Stock |
| Andrew Fawthrop |
Chairman of the Board |
Acquisition of Common Stock |
5,465 |
| George Maxwell |
Chief Executive Officer |
Acquisition of Common Stock |
10,000 |
About VAALCO
VAALCO, founded in 1985 and incorporated under the laws of Delaware, is a Houston, USA based, independent energy company with production, development and exploration assets in Africa and Canada.
Following its business combination with TransGlobe in October 2022, 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: |
|
| |
|
| 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 / Jon Krinks |
| 1. |
Details of the Person discharging managerial responsibilities / person closely associated |
|
| a) |
Name |
Andrew Fawthrop |
| 2. |
Reason for the notification |
|
| a) |
Position / status |
Chairman of the Board |
| b) |
Initial notification / amendment |
Initial notification |
| 3. |
Details of the issuer, UK emission allowance market participant, auction platform or auctioneer |
|
| a) |
Name |
VAALCO Energy, Inc. |
| b) |
LEI |
549300CFHFVIWB8M6T24 |
| 4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|
| a) |
Description of the financial instrument, type of instrument Identification code |
Common Stock, par value $0.10 per share
US91851C2017 |
| b) |
Nature of the transaction |
Acquisition of Common Stock |
| c) |
Price(s) and volume(s) |
Volume: 5,465 Price: US$3.6664 |
| d) |
Aggregated information - Aggregated volume - Aggregated price |
N/A |
| e) |
Date of the transaction |
12 May 2023 |
| f) |
Place of the transaction |
New York Stock Exchange |
| 1. |
Details of the Person discharging managerial responsibilities / person closely associated |
|
| a) |
Name |
George Maxwell |
| 2. |
Reason for the notification |
|
| a) |
Position / status |
Chief Executive Officer |
| b) |
Initial notification / amendment |
Initial notification |
| 3. |
Details of the issuer, UK emission allowance market participant, auction platform or auctioneer |
|
| a) |
Name |
VAALCO Energy, Inc. |
| b) |
LEI |
549300CFHFVIWB8M6T24 |
| 4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|
| a) |
Description of the financial instrument, type of instrument Identification code |
Common Stock, par value $0.10 per share
US91851C2017 |
| b) |
Nature of the transaction |
Acquisition of Common Stock |
| c) |
Price(s) and volume(s) |
Volume: 10,000 Price: US$3.70 |
| d) |
Aggregated information - Aggregated volume - Aggregated price |
N/A |
| e) |
Date of the transaction |
15 May 2023 |
| f) |
Place of the transaction |
New York Stock Exchange |
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