REG - Gran Tierra Energy - Director/PDMR Shareholding
19/03/2025 17:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250319:nRSS3598Ba&default-theme=true
RNS Number : 3598B Gran Tierra Energy Inc. 19 March 2025
March 19, 2025
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 Share Units (PSUs) granted to Executives on March 1, 2022 have
vested and have been paid out to participants based on a ten-day volume
weighted average price ("10 day VWAP") from December 31, 2024. The original
grants of PSUs were adjusted by a performance factor of 1.75.
Restricted Stock Units (RSUs) granted to Executives on February 22, 2024, vest
in three equal installments on the anniversary of each year following the
grant. The first installment has vested and has been paid out to participants
based on a ten-day volume weighted average price ("10 day VWAP") from December
31, 2024. The Notification of Dealing Form for the vesting and payment of the
PSUs and RSUs 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 Share Units
Each Performance Share 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 Share Units
c) Price(s) and volume(s) PDMR Price(s) Volume (s)
Gary Guidry USD 6.79 161,539
Ryan Ellson USD 6.79 110,385
Jim Evans USD 6.79 64,423
Phillip Abraham USD 6.79 15,866
d) Aggregated information
Price(s) Volume (s)
- Aggregated volume USD 6.79 352,213
- Price
e) Date of the transaction 14 March 2025
f) Place of the transaction Outside a trading venue
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
Sebastien Morin, Chief Operating 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 Restricted Stock Units
Each Restricted 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 Restricted Stock Units
c) Price(s) and volume(s) PDMR Price(s) Volume (s)
Gary Guidry USD 6.79 25,022
Ryan Ellson USD 6.79 15,639
Sebastien Morin USD 6.79 15,639
Jim Evans USD 6.79 8,043
Phillip Abraham USD 6.79 6,535
d) Aggregated information
Price(s) Volume (s)
- Aggregated volume USD 6.79 70,878
- Price
e) Date of the transaction 14 March 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Price(s) Volume (s)
USD 6.79 352,213
e)
Date of the transaction
14 March 2025
f)
Place of the transaction
Outside a trading venue
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
Sebastien Morin, Chief Operating 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
Restricted Stock Units
Each Restricted 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 Restricted Stock Units
c)
Price(s) and volume(s)
PDMR Price(s) Volume (s)
Gary Guidry USD 6.79 25,022
Ryan Ellson USD 6.79 15,639
Sebastien Morin USD 6.79 15,639
Jim Evans USD 6.79 8,043
Phillip Abraham USD 6.79 6,535
d)
Aggregated information
- Aggregated volume
- Price
Price(s) Volume (s)
USD 6.79 70,878
e)
Date of the transaction
14 March 2025
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 DSHFLFERVIIALIERecent news on Gran Tierra Energy
See all newsREG-Gran Tierra Energy Announces Final Voting Results of its Annual Meeting of Stockholders
AnnouncementREG-Gran Tierra Energy Inc. Reports First Quarter 2025 Results, Record Production and Continued Exploration Success
AnnouncementREG - Gran Tierra Energy - Transaction in Own Shares
AnnouncementREG-Gran Tierra Energy Inc. Provides Release Date for its 2025 First Quarter Results and Details of Annual Meeting of Stockholders
AnnouncementREG - Gran Tierra Energy - Transaction in Own Shares
Announcement