REG - Vaalco Energy Inc - Transaction in Own Shares

VAALCO EnergyAnnouncement

22/02/2024 07:00

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RNS Number : 0087E  Vaalco Energy Inc  22 February 2024

22 February 2024

VAALCO Energy, Inc.

("VAALCO" or the "Company")

Transaction in own shares

VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company")
announces that, further to its announcements on November 1, 2022 and November
18, 2022 of the implementation of its share buyback program (the "Program"),
the following transaction was made under the Program on February 20, 2024.

 Transaction date   Daily total volume (in number of shares of common stock)  Daily weighted average price of common stock acquired  Platform
 February 20, 2024  22,900                                                    4.2929                                                 XNYS

All transactions under the Program were made under ISIN US91851C2017 and
effected by Roth Capital Partners LLC on behalf of the Company.  A full
breakdown of the individual trades is attached to this announcement, and can
be viewed by clicking
http://www.rns-pdf.londonstockexchange.com/rns/0087E_1-2024-2-21.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0087E_1-2024-2-21.pdf)  for
the trades made on February 20, 2024. The purpose of the Program is to reduce
the share capital of the Company.

Following the transaction referred to above, VAALCO has total issued share
capital of 122,540,812 common shares, of which 17,999,984 common shares are
held in treasury and 1,080,168 common shares are unvested common shares, which
are subject to forfeiture. Therefore, the total voting rights in the Company
following the transactions referred to above are 104,540,828.

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)

 

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