REG - Gran Tierra Energy - Transaction in Own Shares

Gran Tierra EnergyAnnouncement

22/04/2025 17:15

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RNS Number : 7359F  Gran Tierra Energy Inc.  22 April 2025

GRAN TIERRA ENERGY INC.

 

Company Announcement - Transaction in Own Shares

 

 

April 22, 2025

 

On November 4, 2024 Gran Tierra Energy Inc. ("Gran Tierra") announced a normal
course issuer bid (the "NCIB") through the facilities of the Toronto Stock
Exchange ("TSX"). The Company received regulatory approval from the TSX on
November 4, 2024 to commence the NCIB. Pursuant to the NCIB, Gran Tierra may,
for a one year period, purchase for cancellation or hold to satisfy awards
granted under Gran Tierra's 2007 Equity Incentive Plan (the "2007 Equity
Incentive Plan") up to 3,545,872 of its shares of common stock at prevailing
market prices at the time of purchase. The NCIB commenced on November 6, 2024
and will expire on November 5, 2025, or earlier if the 10.00% share maximum is
reached. The purpose of the NCIB is to reduce the share capital of Gran Tierra
or to satisfy awards granted under the 2007 Equity Incentive Plan.

The following transactions were made under the NCIB on from April 11 through
April 17, 2025:

 

 Transaction Date  Daily total volume (# Shares)  Daily volume weighted average price of shares acquired (USD)  Gross Value (USD)
 April 11, 2025    10,000                         $3.88                                                         $38,792.32
 April 14, 2025    10,000                         $4.13                                                         $41,296.49
 April 15, 2025    10,000                         $4.27                                                         $42,740.30
 April 16, 2025    10,000                         $4.52                                                         $45,217.76
 April 17, 2025    10,000                         $4.79                                                         $47,911.73
 TOTAL             50,000                         $4.32                                                         $215,958.60

 

                       Platform  Apr. 11, 2025  Apr. 14, 2025  Apr. 15, 2025  Apr. 16, 2025  Apr. 17, 2025

                       TSX       0              0              0              0              0
 Volume                Pure      0              0              0              0              0
                       Chi-X     0              0              0              0              0
                       Omega     0              0              0              0              0
                       TriAct    0              0              0              0              0
                       Alpha     0              0              0              0              0
                       CNSX      0              0              0              0              0
                       LYNX      0              0              0              0              0
                       NEO       0              0              0              0              0
                       ASE       10,000         10,000         10,000         10,000         10,000
 Volume weighted       TSX       -              -              -              -              -

average price (USD)
                       Pure      -              -              -              -              -
                       Chi-X     -              -              -              -              -
                       Omega     -              -              -              -              -
                       TriAct    -              -              -              -              -
                       Alpha     -              -              -              -              -
                       CNSX      -              -              -              -              -
                       LYNX      -              -              -              -              -
                       NEO       -              -              -              -              -
                       ASE       $3.88          $4.13          $4.27          $4.52          $4.79

 

 

All transactions were made under ISIN US38500T2006 and effected by Eight
Capital on behalf of Gran Tierra. A full breakdown of the individual trades is
attached to this announcement. Following the above transactions, Gran Tierra
will have 35,389,143 issued and outstanding shares.

 

Please click on link for a full breakdown of the individual trades to this
announcement.

 http://www.rns-pdf.londonstockexchange.com/rns/7359F_1-2025-4-22.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7359F_1-2025-4-22.pdf)

 

Contact Information:

 

Gary Guidry

Chief Executive Officer

 

Ryan Ellson

Chief Financial Officer

 

Phillip Abraham

Executive Vice President, Legal and Land

(403) 265-3221

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

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