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PDMR Notification

8 Jun 2022 09:37

RNS Number : 1494O
Vaalco Energy Inc
08 June 2022
 

8 June 2022

PDMR Notification

VAALCO Energy, Inc. ("VAALCO" or "Company") announces that on 2 June 2022, restricted shares in the Company ("Common Shares") were transferred by the Company to persons discharging managerial responsibility in the Company as listed below, at the grant price of $8.31. The Common Shares will remain restricted for a period of one year from the date of transfer.

 

Name

Role

Nature of transaction

Number of Common Shares

Price per Common Share (US $)

Andrew Fawthrop

Director

Award of restricted shares of common stock

10,229

8.31

Catherine Stubbs

Director

Award of restricted shares of common stock

10,229

8.31

Fabrice Nze-Bekale

Director

Award of restricted shares of common stock

10,229

8.31

 

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 63.6%% working interest in the Etame Marin Block, located offshore Gabon, which to date has produced over 126 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 / Jon Krinks 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

Andrew Fawthrop

(b) 

Position / status

Director

(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

Award of restricted shares of common stock

(b) 

Nature of the transaction

Award of restricted shares of common stock pursuant to the Company's 2020 Long Term Incentive Plan

(c)

Price(s) and volume(s)

Price: $8.31

Volume: 10,229

(US Dollar)

(d) 

Aggregated information

Aggregated volume

Price

 

 

Volume: 10,229

Price: $85,002.99

 

 

(e) 

Date of the transaction

2 June 2022

(f)

Place of the transaction

USA

 

 

 

 

1.

Details of PDMR / PDMR Associate

(a) 

Name

Catherine Stubbs

(b) 

Position / status

Director

(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

Award of restricted shares of common stock

(b) 

Nature of the transaction

Award of restricted shares of common stock pursuant to the Company's 2020 Long Term Incentive Plan

(c)

Price(s) and volume(s)

Price: $8.31

Volume: 10,229

(US Dollar)

(d) 

Aggregated information

Aggregated volume

Price

 

 

Volume: 10,229

Price: $85,002.99

(e) 

Date of the transaction

2 June 2022

(f)

Place of the transaction

USA

 

1.

Details of PDMR / PDMR Associate

(a) 

Name

Fabrice Nze-Bekale

(b) 

Position / status

Director

(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

Award of restricted shares of common stock

(b) 

Nature of the transaction

Award of restricted shares of common stock pursuant to the Company's 2020 Long Term Incentive Plan

(c)

Price(s) and volume(s)

Price: $8.31

Volume: 10,229

(US Dollar)

(d) 

Aggregated information

Aggregated volume

Price

 

 

Volume: 10,229

Price: $85,002.99

 

 

(e) 

Date of the transaction

2 June 2022

(f)

Place of the transaction

USA

 

 

 

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