13 March 2023
VAALCO Energy, Inc.
("VAALCO" or the "Company")
PDMR dealings
VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") announces that on March 3, 2023, there were the following forfeitures of common stock, of par value $0.10 per share, of the Company ("Common Stock") by persons discharging managerial responsibility in the Company to satisfy tax withholding obligations on the vesting of restricted stock awards:
Name |
Role |
Nature of transaction |
Number of shares of Common Stock |
Thor Pruckl |
Chief Operating Officer |
Forfeiture of Common Stock |
2,262 |
David DesAutels |
Executive Vice President of Corporate Development |
Forfeiture of Common Stock |
2,582 |
Jason Doornik |
Chief Accounting Officer and Controller |
Forfeiture of Common Stock |
2,481 |
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: |
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Al Petrie Advisors (US Investor Relations) |
+00 1 713 543 3422 |
Al Petrie / Chris Delange |
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Buchanan (UK Financial PR) |
+44 (0) 20 7466 5000 |
Ben Romney / J on Krinks |
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) |
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 |
Forfeiture of Common Stock |
c) |
Price(s) and volume(s) |
Volume: 2,262 Price: US$5.19 |
d) |
Aggregated information - Aggregated volume - Aggregated price |
N/A |
e) |
Date of the transaction |
3 March 2023 |
f) |
Place of the transaction |
Outside a trading venue |
1. |
Details of the Person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
David DesAutels |
2. |
Reason for the notification |
|
a) |
Position / status |
Executive Vice President of Corporate Development |
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 |
Forfeiture of Common Stock |
c) |
Price(s) and volume(s) |
Volume: 2,582 Price: US$5.19 |
d) |
Aggregated information - Aggregated volume - Aggregated price |
N/A |
e) |
Date of the transaction |
3 March 2023 |
f) |
Place of the transaction |
Outside a trading venue |
1. |
Details of the Person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Jason Doornik |
2. |
Reason for the notification |
|
a) |
Position / status |
Chief Accounting Officer and Controller |
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 |
Forfeiture of Common Stock |
c) |
Price(s) and volume(s) |
Volume: 2,481 Price: US$5.19 |
d) |
Aggregated information - Aggregated volume - Aggregated price |
N/A |
e) |
Date of the transaction |
3 March 2023 |
f) |
Place of the transaction |
Outside a trading venue |