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RNS Number : 6960G  Vaalco Energy Inc  13 March 2024

13 March 2024

VAALCO Energy, Inc.

("VAALCO" or the "Company")

PDMR dealings

VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company")
announces that on March 11, 2024, there were the following forfeitures of
common stock, of par value $0.10 per share, of the Company ("Common Stock") by
persons discharging managerial responsibility in the Company to satisfy tax
withholding obligations on the vesting of restricted stock awards:

 Name            Role                                  Nature of transaction       Number of shares of Common Stock
 George Maxwell  Chief Executive Officer and Director  Forfeiture of Common Stock  7,154
 Ronald Bain     Chief Financial Officer               Forfeiture of Common Stock  3,359
 Thor Pruckl     Chief Operating Officer               Forfeiture of Common Stock  1,446
 Jason Doornik   Chief Accounting Officer              Forfeiture of Common Stock  1,305

 

About VAALCO

VAALCO, founded in 1985 and incorporated under the laws of Delaware, is a
Houston, USA based, independent energy company with production, development
and exploration assets in Africa and Canada.

Following its business combination with TransGlobe in October 2022, VAALCO
owns a diverse portfolio of operated production, development and exploration
assets across Gabon, Egypt, Equatorial Guinea and Canada.

For Further Information

 VAALCO Energy, Inc. (General and Investor Enquiries)  +00 1 713 623 0801
 Website:                                              www.vaalco.com (http://www.vaalco.com/)

 Al Petrie Advisors (US Investor Relations)            +00 1 713 543 3422
 Al Petrie / Chris Delange

 Buchanan (UK Financial PR)                            +44 (0) 20 7466 5000
 Ben Romney / George Pope                              VAALCO@buchanan.uk.com (mailto:VAALCO@buchanan.uk.com)

 

 1.  Details of the Person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         George Maxwell
 2.  Reason for the notification
 a)  Position / status                                            Chief Executive Officer and Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, UK emission allowance market participant, auction
     platform or auctioneer
 a)  Name                                                         VAALCO Energy, Inc.
 b)  LEI                                                          549300CFHFVIWB8M6T24
 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  Common Stock, par value $0.10 per share

     Identification code

                                                                  US91851C2017
 b)  Nature of the transaction                                    Forfeiture of Common Stock
 c)  Price(s) and volume(s)                                       Volume: 7,154

                                                                  Price: US$4.41
 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Aggregated price
 e)  Date of the transaction                                      11 March 2024
 f)  Place of the transaction                                     Outside a trading venue

 

 1.  Details of the Person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Ronald Bain
 2.  Reason for the notification
 a)  Position / status                                            Chief Financial Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, UK emission allowance market participant, auction
     platform or auctioneer
 a)  Name                                                         VAALCO Energy, Inc.
 b)  LEI                                                          549300CFHFVIWB8M6T24
 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  Common Stock, par value $0.10 per share

     Identification code

                                                                  US91851C2017
 b)  Nature of the transaction                                    Forfeiture of Common Stock
 c)  Price(s) and volume(s)                                       Volume: 3,359

                                                                  Price: US$4.41
 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Aggregated price
 e)  Date of the transaction                                      11 March 2024
 f)  Place of the transaction                                     Outside a trading venue

 

 1.  Details of the Person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Thor Pruckl
 2.  Reason for the notification
 a)  Position / status                                            Chief Operating Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, UK emission allowance market participant, auction
     platform or auctioneer
 a)  Name                                                         VAALCO Energy, Inc.
 b)  LEI                                                          549300CFHFVIWB8M6T24
 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  Common Stock, par value $0.10 per share

     Identification code

                                                                  US91851C2017
 b)  Nature of the transaction                                    Forfeiture of Common Stock
 c)  Price(s) and volume(s)                                       Volume: 1,446

                                                                  Price: US$4.41
 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Aggregated price
 e)  Date of the transaction                                      11 March 2024
 f)  Place of the transaction                                     Outside a trading venue

 

 

 

 

 

 

 

 

 

 

 1.  Details of the Person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Jason Doornik
 2.  Reason for the notification
 a)  Position / status                                            Chief Accounting Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, UK emission allowance market participant, auction
     platform or auctioneer
 a)  Name                                                         VAALCO Energy, Inc.
 b)  LEI                                                          549300CFHFVIWB8M6T24
 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  Common Stock, par value $0.10 per share

     Identification code

                                                                  US91851C2017
 b)  Nature of the transaction                                    Forfeiture of Common Stock
 c)  Price(s) and volume(s)                                       Volume: 1,305

                                                                  Price: US$4.41
 d)  Aggregated information                                       N/A

     - Aggregated volume

     - Aggregated price
 e)  Date of the transaction                                      11 March 2024
 f)  Place of the transaction                                     Outside a trading venue

 

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