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RNS Number : 2948S Gran Tierra Energy Inc. 06 January 2025
January 6, 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 the Company's common
shares, Deferred Stock Units and Stock Options undertaken by directors /
persons discharging managerial responsibility ("PDMRs").
Deferred Stock Units ("DSUs") and Restricted Stock Units ("RSUs") have been
granted to certain PDMRs effective January 1, 2025 in accordance with the
payment of directors' fees for 2025. Each DSU represents a contingent right to
receive one share of the Company's common stock. The DSUs vest in full on
award and are paid out at such time as the director ceases to be a member of
the Board of Directors of the Company.
Each RSU represents a contingent right to receive one share of Gran Tierra
Energy Inc. common stock. RSUs will vest annually in equal increments over a
three-year period. Vested shares will be delivered to the reporting person
upon vesting.
The notification set out below is provided in accordance with the requirement
of Article 19 of the EU Market Abuse Regulation.
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 Peter Dey, Director
Evan Hazell, Director
Robert Hodgins, Chairman and Director
Alison Redford, Director
Ron Royal, Director
Brooke Wade, Director
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 Grant of Restricted Stock Units
c) Price(s) and volume(s)
PDMR Price(s) Volume (s)
Peter Dey n/a 26,690
d) Aggregated information
Price(s) Volume (s)
- Aggregated volume n/a 26,690
- Price
e) Date of the transaction 1 January 2025
f) Place of the transaction Outside a trading venue
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 Deferred Stock Units
Each Deferred 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 Grant of Deferred Stock Units
c) Price(s) and volume(s)
PDMR Price(s) Volume (s)
Evan Hazell n/a 19,518
Robert Hodgins n/a 19,467
Alison Redford n/a 19,544
Ron Royal n/a 22,079
Brooke Wade n/a 28,227
d) Aggregated information
Price(s) Volume (s)
- Aggregated volume n/a 108,835
- Price
e) Date of the transaction 1 January 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Price(s) Volume (s)
n/a 26,690
e)
Date of the transaction
1 January 2025
f)
Place of the transaction
Outside a trading venue
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
Deferred Stock Units
Each Deferred 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
Grant of Deferred Stock Units
c)
Price(s) and volume(s)
PDMR Price(s) Volume (s)
Evan Hazell n/a 19,518
Robert Hodgins n/a 19,467
Alison Redford n/a 19,544
Ron Royal n/a 22,079
Brooke Wade n/a 28,227
d)
Aggregated information
- Aggregated volume
- Price
Price(s) Volume (s)
n/a 108,835
e)
Date of the transaction
1 January 2025
f)
Place of the transaction
Outside a trading venue
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