PDMR dealings

RNS Number : 1275H

Vaalco Energy Inc

21 November 2022

 

21 November 2022

VAALCO Energy, Inc.

("VAALCO" or the "Company")

PDMR dealings  

VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") announces that between November 15, 2022 and November 16, 2022 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
George Maxwell	Chief Executive Officer	Acquisition of Common Stock	20,000
Ron Bain	Chief Financial Officer	Acquisition of Common Stock	4,250

The Company also announces the following exercise of options awards in the Company between November 16, 2022 and November 17, 2022 by a person discharging managerial responsibility in the Company.

Name	Role at time of exercise	Nature of transaction	Number of shares of Common Stock over which options exercised	Exercise price per share of Common Stock ($)
Thor Pruckl	Chief Operating Officer	Exercise of options	37,337	$1.23
Thor Pruckl	Chief Operating Officer	Exercise of options	9,706	$1.23

The Company announces that, immediately following the exercise of options referred to above, there was a disposal of shares of Common Stock by the relevant person discharging managerial responsibility in the Company as listed below.

Name	Role	Nature of transaction	Number of shares of Common Stock
Thor Pruckl	Chief Operating Officer	Disposal of Common Stock	37,337
Thor Pruckl	Chief Operating Officer	Disposal of Common Stock	9,706

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:	www.vaalco.com
Al Petrie Advisors (US Investor Relations)	+00 1 713 543 3422
Al Petrie / Chris Delange
Buchanan (UK Financial PR)	[phone]
Ben Romney / J on Krinks	[e-mail]

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: 20,000 Price: US$5.57
d)	Aggregated information - Aggregated volume - Aggregated price	N/A
e)	Date of the transaction	15 November 2022
f)	Place of the transaction	New York Stock Exchange

1.	Details of the Person discharging managerial responsibilities / person closely associated
a)	Name	Ron Bain
2.	Reason for the notification
a)	Position / status	Chief Financial 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: 4,250 Price: US$5.55
d)	Aggregated information - Aggregated volume - Aggregated price	N/A
e)	Date of the transaction	16 November 2022
f)	Place of the transaction	New York Stock Exchange

1.	Details of the Person discharging managerial responsibilities / person closely associated
a)	Name	Thor Pruckl
2.	Reason for the notification
a)	Position / status	Chief Operating 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)	Legal Entity Identifier	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	Exercise of options awards
c)	Price(s) and volume(s)	Volume: 37,337 Price: US$1.23
d)	Aggregated information - Aggregated volume - Aggregated price	N/A
e)	Date of the transaction	16 November 2022
f)	Place of the transaction	Outside a trading venue

1.	Details of the Person discharging managerial responsibilities / person closely associated
a)	Name	Thor Pruckl
2.	Reason for the notification
a)	Position / status	Chief Operating 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)	Legal Entity Identifier	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	Exercise of options awards
c)	Price(s) and volume(s)	Volume: 9,706 Price: US$1.23
d)	Aggregated information - Aggregated volume - Aggregated price	N/A
e)	Date of the transaction	17 November 2022
f)	Place of the transaction	Outside a trading venue

1.	Details of the Person discharging managerial responsibilities / person closely associated
a)	Name	Thor Pruckl
2.	Reason for the notification
a)	Position / status	Chief Operating 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)	Legal Entity Identifier	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	Disposal of Common Stock
c)	Price(s) and volume(s)	Volume: 37,337 Price: US$5.34
d)	Aggregated information - Aggregated volume - Aggregated price	N/A
e)	Date of the transaction	16 November 2022
f)	Place of the transaction	New York Stock Exchange

1.	Details of the Person discharging managerial responsibilities / person closely associated
a)	Name	Thor Pruckl
2.	Reason for the notification
a)	Position / status	Chief Operating 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)	Legal Entity Identifier	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	Disposal of Common Stock
c)	Price(s) and volume(s)	Volume: 9,706 Price: US$5.20
d)	Aggregated information - Aggregated volume - Aggregated price	N/A
e)	Date of the transaction	17 November 2022
f)	Place of the transaction	New York Stock Exchange

 

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