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REG - Gran Tierra Energy - Director/PDMR Shareholding

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RNS Number : 1662Z  Gran Tierra Energy Inc.  03 March 2025

 

 

 

 

March 3, 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
and Restricted Stock Units undertaken by directors / persons discharging
managerial responsibility ("PDMRs").

 

Performance Stock Units ("PSUs") and Restricted Stock Units ("RSUs") have been
granted to certain PDMRs effective February 26, 2025. The PSUs entitle the
holder to receive, at the option of the Company, either the underlying number
of shares of the Company's common stock upon vesting of such units or a cash
payment equal to the value of the underlying shares. The PSUs granted on
February 26, 2025 vest after three years, subject to the continued employment
of the grantee. 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

Executive Vice President, Legal and Land

(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

Sebastien Morin, Chief Operating Officer

Jim Evans, Executive Vice President, Corporate Services

Phillip Abraham, Executive Vice President, Legal and Land
 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                                            Grant of Performance Stock Units
 c)  Price(s) and volume(s)

PDMR              Price(s)  Volume (s)
                                                                          Gary Guidry       n/a       229,508

                                                                          Ryan Ellson       n/a       143,443

                                                                          Sebastien Morin   n/a       143,443

                                                                          Jim Evans         n/a       110,656

                                                                          Phillip Abraham   n/a       98,361
 d)  Aggregated information

Price(s)  Volume (s)
     - Aggregated volume                                                  USD 0.00  725,411

     - Price
 e)  Date of the transaction                                              26 February 2025
 f)  Place of the transaction                                             Outside a trading
                                                                          venue

d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)  Volume (s)
 USD 0.00  725,411

e)

Date of the transaction

26 February 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  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)
                                                                  Gary Guidry       n/a       57,377

                                                                  Ryan Ellson       n/a       35,861

                                                                  Sebastien Morin   n/a       35,861

                                                                  Jim Evans         n/a       27,664

                                                                  Phillip Abraham   n/a       24,590
 d)  Aggregated information

Price(s)  Volume (s)
     - Aggregated volume                                          USD 0.00  181,353

     - Price
 e)  Date of the transaction                                      26 February 2025
 f)  Place of the transaction                                     Outside a trading
                                                                  venue

d)

Aggregated information

- Aggregated volume

- Price

 

 Price(s)  Volume (s)
 USD 0.00  181,353

e)

Date of the transaction

26 February 2025

f)

Place of the transaction

Outside a trading
venue

 

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