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PDMR

17 Dec 2019 07:00

RNS Number : 0637X
Vaalco Energy Inc
17 December 2019
 

 SECTION 16 INSIDER / PDMR SECURITY DEALING ANNOUNCEMENT PRO FORMA

 

VAALCO Energy, Inc. ("VAALCO" or "Company") announces share [purchases/disposals/option awards] [by/to] certain persons discharging managerial responsibility in the Company as follows:

 

Name

Role

Number of Shares

Price per share

Cary Bounds

CEO & COO

119720

1.04

 

About VAALCO

 

VAALCO, founded in 1985, is a Houston, USA based, independent energy company with production, development and exploration assets in the West African region.

The Company is an established operator within the region, holding a 31.1% working interest in the Etame Marin Block, located offshore Gabon, which to date has produced over 110 million barrels of crude oil and of which the Company is the operator.

For Further Information

VAALCO Energy, Inc. (General and Investor Enquiries)

+00 1 713 623 0801

Website:

www.vaalco.com

Al Petrie Advisors (US Investor Relations)

+00 1 713 543 3422

Al Petrie / Chris Delange

 

Buchanan (UK Financial PR)

 

+44 (0) 207 466 5000

Ben Romney / Chris Judd James Husband

VAALCO@buchanan.uk.com

 

Notification of dealings in shares by PDMR's of the Company:

 

1.

Details of PDMR / PDMR Associate

(a)

Name

Cary Bounds

 

(b)

Position / status

Chief Executive Officer and Chief Operating Officer

 

(c)

Initial notification /

amendment

Initial Notification

2.

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

Common Stock

(b)

Nature of the transaction

Exercise of Options

(c)

Price(s) and volume(s)

Price: 1.04

Volume: 119720

 

(d)

Aggregated information

Aggregated volume

Price

 Price: 1.04

Volume: 119720

Total: $124,508.80

(e)

Date of the transaction

December 12, 2019

(f)

Place of the transaction

USA

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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