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RNS Number : 0157I Vaalco Energy Inc 11 June 2026
11 June 2026
Vaalco Energy, Inc.
("Vaalco" or the "Company")
PDMR dealings
Vaalco Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company")
announces that, on 4 June 2026, restricted shares ("Restricted Shares") of
common stock of par value $0.10 per share of the Company ("Common Stock") were
granted at nil cost to persons discharging managerial responsibility in the
Company as listed below. For the awards to directors other than George
Maxwell, the Restricted Shares will be subject to forfeiture whilst they
remain restricted. The Restricted Shares will become unrestricted on the
earlier of (i) the first anniversary of the grant date and (ii) the first
annual meeting of stockholders of the Company following the grant date (but in
either case, not less than fifty (50) weeks following the grant date)
provided, that the director is then, and continuously from the grant date has
been, an outside director of the Company and has not been terminated from
service from the Company's board of directors on such vesting date. For George
Maxwell and non-directors, Restricted Shares will become unrestricted in equal
proportions on each anniversary of the date of grant over the next three-year
period.
Name Role Nature of transaction Number of shares of Common Stock
Andrew Fawthrop Director and Chairman of the Board Award of Restricted Shares 23,173
Edward LaFehr Director Award of Restricted Shares 23,173
George Maxwell Chief Executive Officer and Director Award of Restricted Shares 151,297
Fabrice Nze-Bekale Director Award of Restricted Shares 23,173
Catherine Stubbs Director Award of Restricted Shares 23,173
Thor Pruckl Chief Operating Officer Award of Restricted Shares 31,686
Ronald Bain Chief Financial Officer Award of Restricted Shares 72,456
Matthew Powers Executive Vice President and General Counsel Award of Restricted Shares 18,484
Casey Donohue Executive Vice President, Technical and Business Development Award of Restricted Shares 15,368
Lynn Willis Chief Accounting Officer Award of Restricted Shares 19,935
VAALCO also announces that restricted performance shares ("Performance
Shares") were granted to persons discharging managerial responsibility in the
Company as listed below. These Performance Shares will be subject to
forfeiture until they become unrestricted, which is to occur in equal
proportions on each anniversary of the date of grant over the next three-year
period, subject to the performance conditions attached to each award being
met. The Performance Shares were granted at nil-cost.
Name Role Nature of transaction Number of shares of Common Stock
George Maxwell Chief Executive Officer and Director Award of Performance Shares 211,945
Thor Pruckl Chief Operating Officer Award of Performance Shares 44,387
Ronald Bain Chief Financial Officer Award of Performance Shares 101,500
Matthew Powers Executive Vice President and General Counsel Award of Performance Shares 25,893
Casey Donohue Executive Vice President, Technical and Business Development Award of Performance Shares 21,528
Further, VAALCO also announces that on 5 June 2026 and 8 June 2026, there were
the following forfeitures of Common Stock by persons discharging managerial
responsibility in the Company to satisfy tax withholding obligations upon the
vesting of awards:
George Maxwell Chief Executive Officer and Director Forfeiture of Common Stock 140,474
Thor Pruckl Chief Operating Officer Forfeiture of Common Stock 32,649
Ronald Bain Chief Financial Officer Forfeiture of Common Stock 51,914
Matthew Powers Executive Vice President and General Counsel Forfeiture of Common Stock 16,882
Casey Donohue Executive Vice President, Technical and Business Development Forfeiture of Common Stock 4,873
Lynn Willis Chief Accounting Officer Forfeiture of Common Stock 3,942
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, Côte d'Ivoire and Equatorial
Guinea.
For Further Information
VAALCO Energy, Inc. (General and Investor Enquiries) +00 1 713 543 3422
Website: www.vaalco.com (http://www.vaalco.com/)
Al Petrie Advisors (US Investor Relations) +00 1 713 543 3422
Al Petrie / Chris Delange
Burson Buchanan (UK Financial PR) +44 (0) 207 466 5000
Barry Archer 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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 151,297
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 72,456
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 31,686
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Matthew Powers
2. Reason for the notification
a) Position / status Executive Vice President and General Counsel
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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 18,484
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Andrew Fawthrop
2. Reason for the notification
a) Position / status Director and Chairman of the Board
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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 23,173
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Casey Donohue
2. Reason for the notification
a) Position / status Executive Vice President, Technical and Business Development
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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 15,368
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Lynn Willis
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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 19,935
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Edward LaFehr
2. Reason for the notification
a) Position / status 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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 23,173
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Fabrice Nze-Bekale
2. Reason for the notification
a) Position / status 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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 23,173
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Catherine Stubbs
2. Reason for the notification
a) Position / status 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 Award of Restricted Shares
c) Price(s) and volume(s) Volume: 23,173
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
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 Award of Performance Shares
c) Price(s) and volume(s) Volume: 211,945
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
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 Award of Performance Shares
c) Price(s) and volume(s) Volume: 44,387
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
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 Award of Performance Shares
c) Price(s) and volume(s) Volume: 101,500
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Matthew Powers
2. Reason for the notification
a) Position / status Executive Vice President and General Counsel
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 Award of Performance Shares
c) Price(s) and volume(s) Volume: 25,893
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Casey Donohue
2. Reason for the notification
a) Position / status Executive Vice President, Technical and Business Development
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 Award of Performance Shares
c) Price(s) and volume(s) Volume: 21,528
Price: Nil
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 4 June 2026
f) Place of the transaction Outside a trading venue
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: 100,540
Price: US$5.29
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 5 June 2026
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: 37,335
Price: US$5.29
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 5 June 2026
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: 24,168
Price: US$5.29
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 5 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Matthew Powers
2. Reason for the notification
a) Position / status Executive Vice President and General Counsel
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: 12,340
Price: US$5.29
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 5 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Casey Donohue
2. Reason for the notification
a) Position / status Executive Vice President, Technical and Business Development
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: 4,873
Price: US$5.29
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 5 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Lynn Willis
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: 2,586
Price: US$5.29
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 5 June 2026
f) Place of the transaction Outside a trading venue
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: 39,934
Price: US$5.53
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 8 June 2026
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: 8,481
Price: US$5.53
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 8 June 2026
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: 14,579
Price: US$5.53
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 8 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Matthew Powers
2. Reason for the notification
a) Position / status Executive Vice President and General Counsel
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: 4,542
Price: US$5.53
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 8 June 2026
f) Place of the transaction Outside a trading venue
1. Details of the Person discharging managerial responsibilities / person closely
associated
a) Name Lynn Willis
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: 1,356
Price: US$5.53
d) Aggregated information N/A
- Aggregated volume
- Aggregated price
e) Date of the transaction 8 June 2026
f) Place of the transaction Outside a trading venue
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