RNS Number : 6960G
Vaalco Energy Inc
13 March 2024
 

VAALCO Energy, Inc.

("VAALCO" or the "Company")

PDMR dealings  

VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") announces that on March 11, 2024, 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

George Maxwell

Chief Executive Officer and Director

Forfeiture of Common Stock

7,154

Ronald Bain

Chief Financial Officer

Forfeiture of Common Stock

3,359

Thor Pruckl

Chief Operating Officer

Forfeiture of Common Stock

1,446

Jason Doornik

Chief Accounting Officer

Forfeiture of Common Stock

1,305

 

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)

+44 (0) 20 7466 5000

Ben Romney / George Pope

VAALCO@buchanan.uk.com

 

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 and Director

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, UK emission allowance market participant, auction platform or auctioneer

a)

Name

b)

LEI

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: 7,154

Price: US$4.41

d)

Aggregated information

- Aggregated volume

- Aggregated price

N/A

e)

Date of the transaction

11 March 2024

f)

Place of the transaction

Outside a trading venue

 

1.

Details of the Person discharging managerial responsibilities / person closely associated

a)

Name

Ronald 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

b)

LEI

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: 3,359

Price: US$4.41

d)

Aggregated information

- Aggregated volume

- Aggregated price

N/A

e)

Date of the transaction

11 March 2024

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

b)

LEI

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: 1,446

Price: US$4.41

d)

Aggregated information

- Aggregated volume

- Aggregated price

N/A

e)

Date of the transaction

11 March 2024

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

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, UK emission allowance market participant, auction platform or auctioneer

a)

Name

b)

LEI

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: 1,305

Price: US$4.41

d)

Aggregated information

- Aggregated volume

- Aggregated price

N/A

e)

Date of the transaction

11 March 2024

f)

Place of the transaction

Outside a trading venue

 

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