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TransGlobe Energy Corporation Announces Admission to Trading on AIM

News Provided by GlobeNewswire2018-06-29
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AIM & TSX: “TGL” - NASDAQ: “TGA”

CALGARY, Alberta, June 29, 2018 (GLOBE NEWSWIRE) -- Further to its announcement on 1 June 2018, TransGlobe Energy Corporation (“TransGlobe” or “the Company”), an independent international upstream oil and gas company with exploration and production operations in Egypt and Canada, is pleased to announce today that its common shares have been admitted to the AIM market of the London Stock Exchange and have begun trading under the ticker “TGL”.

Upon Admission, the Company’s common share capital consisted of 72,205,369 common shares. The Company does not hold any common shares in treasury. This figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, the Company.

The Common Shares have been listed on the TSX under the symbol "TGL" since 7 November 1997 and on the NASDAQ under the symbol "TGA" since 18 January 2008.

Randy Neely, President of TransGlobe, said:

“I am delighted that TransGlobe has today been admitted to AIM which we believe will enhance liquidity for our shareholders and make it easier for us to introduce the Company to a wider audience of investors in the UK, Europe and South Africa.

“TransGlobe has a strong balance sheet, a material production base with exploration upside, and 22 years’ experience of operating successfully internationally which, we believe, makes us ideally suited to the London capital markets.”

Enquiries:

TransGlobe EnergyVia FTI Consulting
  
Ross Clarkson, Chief Executive Officer
Randy Neely, President
Eddie Ok, Chief Financial Officer

 
www.trans-globe.com

 
Canaccord Genuity (Nomad & Joint Broker)+44 (0) 20 7523 8000
Henry Fitzgerald-O'Connor
James Asensio

 
 
GMP First Energy (Joint Broker)+44(0)207 448 0200
Jonathan Wright

 
 
FTI Consulting (Financial PR)+44 (0) 203 727 1000
Ben Brewerton
Emerson Clarke
transglobeenergy@fticonsulting.com


For further information, please contact:

 

Investor Relations
Telephone: 403.264.9888
Email: investor.relations@trans-globe.com
Web site:  http://www.trans-globe.com
 

 



© 2018 GlobeNewswire, Inc. All Rights Reserved.

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The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.





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