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RNS Number : 6050H Vaalco Energy Inc 20 March 2024
20 March 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 transactions were made under the Program during the period March
11, 2024 to March 12, 2024.
Transaction date Daily total volume (in number of shares of common stock) Daily weighted average price of common stock acquired Platform
March 11, 2024 49,889 4.3600 XNYS
March 12, 2024 25,000 4.3575 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/5047H_1-2024-3-19.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5047H_1-2024-3-19.pdf) for the
trades made on March 11, 2024 and
http://www.rns-pdf.londonstockexchange.com/rns/5047H_2-2024-3-19.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5047H_2-2024-3-19.pdf) for
the trades made on March 12, 2024. The purpose of the Program is to reduce the
share capital of the Company.
Following the transactions referred to above, VAALCO has total issued share
capital of 122,583,294 common shares, of which 18,382,902 common shares are
held in treasury and 884,174 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 104,200,392.
About VAALCO
VAALCO, founded in 1985 and incorporated under the laws of Delaware, is a
Houston, U.S.-based, independent energy company with production, development
and exploration assets in Africa and Canada.
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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