REG - Gran Tierra Energy - Director/PDMR Shareholding

Gran Tierra EnergyAnnouncement

19/03/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240319:nRSS3195Ha&default-theme=true

RNS Number : 3195H  Gran Tierra Energy Inc.  18 March 2024

March 18, 2024

 

Gran Tierra Energy Inc.

(the "Company")

 

Notification of Transactions in the Company's Shares by Directors and Persons
Discharging Managerial Responsibility

 

The Company announces the following transactions in Performance Stock Units
undertaken by directors / persons discharging managerial responsibility.

 

Performance Stock Units (PSUs) granted to Executives on March 1, 2021 have
vested and have been paid out to participants based on the closing price of
the Company's shares on December 31, 2023.  The original grants of PSUs were
adjusted by a performance factor of 1.50.

 

The Notification of Dealing Form for the vesting and payment of the PSUs for
PDMRs can be found below.

 

This announcement is made in accordance with Article 19 of the EU Market Abuse
Regulation 596/2014.

 

Contact Information:

Gary Guidry

President and Chief Executive Officer

Ryan Ellson

Executive Vice President and Chief Financial Officer

Phillip Abraham

Vice President, Legal and Business Development

(403) 265-3221

info@grantierra.com (mailto:info@grantierra.com)

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                             Gary Guidry, President and Chief Executive Officer

                                      Ryan Ellson, Executive Vice President and Chief Financial Officer

                                      Jim Evans, Vice President, Corporate Services

                                      Phillip Abraham, Vice President, Legal and Business Development

 2   Reason for the notification
 a)  Position/status                  See 1 a) above
 b)  Initial notification /Amendment  Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                             Gran Tierra Energy Inc.
 b)  LEI                              549300IH2S17MAIUCM32
 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          Performance Stock Units

                                                                          Each Performance Stock Unit represents a contingent right to receive one share
                                                                          of Gran Tierra Energy Inc. common stock.

     Identification code                                                  n/a
 b)  Nature of the transaction                                            Vesting and Cash Settlement of Performance Stock Units
 c)  Price(s) and volume(s)                                               PDMR              Price(s)   Volume (s)
                                                                          Gary Guidry       USD 5.64   244,661

                                                                          Ryan Ellson       USD 5.64   167,184

                                                                          Jim Evans         USD 5.64   97,574

                                                                          Phillip Abraham   USD 5.64   48,059

 d)  Aggregated information

Price(s)  Volume (s)
     - Aggregated volume                                                  USD 5.64  557,478

     - Price
 e)  Date of the transaction                                              15 March 2024
 f)  Place of the transaction                                             Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)  Volume (s)
 USD 5.64  557,478

e)

Date of the transaction

15 March 2024

f)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFFAVSITLIS