TIDMEGY

RNS Number : 8611A

Vaalco Energy Inc

26 May 2023

26 May 2023

VAALCO Energy, Inc.

("VAALCO" or the "Company")

PDMR dealings

VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") announces that on May 25, 2023 there was the following acquisition of common stock, of par value $0.10 per share, of the Company ("Common Stock") by a person discharging managerial responsibility in the Company:

 
 Name           Role               Nature of transaction    Number of shares 
                                                             of Common Stock 
                Chief Financial    Acquisition of 
 Ronald Bain     Officer            Common Stock            5,000 
               =================  =======================  =================

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 
 
 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 / J on Krinks                      VAALCO@buchanan.uk.com 
 
 
       Details of the Person discharging managerial responsibilities 
  1.    / person closely associated 
 a)    Name                            Ronald Bain 
      ------------------------------  ---------------------------------------- 
       Reason for the notification 
  2. 
      ------------------------------------------------------------------------ 
 a)    Position / status               Chief Financial Officer 
      ------------------------------  ---------------------------------------- 
 b)    Initial notification            Initial notification 
        / amendment 
      ------------------------------  ---------------------------------------- 
       Details of the issuer, UK emission allowance market participant, 
  3.    auction platform or auctioneer 
      ------------------------------------------------------------------------ 
 a)    Name                            VAALCO Energy, Inc. 
      ------------------------------  ---------------------------------------- 
 b)    LEI                              549300CFHFVIWB8M6T24 
      ------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4.    (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              Common Stock, par value $0.10 per share 
        financial instrument, 
        type of instrument              US91851C2017 
        Identification code 
      ------------------------------  ---------------------------------------- 
 b)    Nature of the transaction       Acquisition of Common Stock 
      ------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s)          Volume: 5,000 
                                        Price: US$3.95 
      ------------------------------  ---------------------------------------- 
 d)         Aggregated information     N/A 
              *    Aggregated volume 
 
 
              *    Aggregated price 
      ------------------------------  ---------------------------------------- 
 e)    Date of the transaction         25 May 2023 
      ------------------------------  ---------------------------------------- 
 f)    Place of the transaction        New York Stock Exchange 
      ------------------------------  ----------------------------------------

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END

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May 26, 2023 10:23 ET (14:23 GMT)

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