Source - LSE Regulatory
RNS Number : 8504X
TransGlobe Energy Corporation
07 May 2021
 

 

 

 

TRANSGLOBE ENERGY CORPORATION ANNOUNCES AGM VOTING RESULTS

AND CONFIRMATION OF BOARD CHANGES

 

AIM & TSX:  "TGL" & NASDAQ:  "TGA"

 

Calgary, Alberta, May 7, 2021 - TransGlobe Energy Corporation ("TransGlobe" or the "Company") announces its AGM voting results.

Report in Respect of Voting Results Pursuant to Section 11.3 of

National Instrument 51-102 - Continuous Disclosure Obligations

 

The following sets forth a brief description of each matter voted upon at the annual general meeting (the "Meeting") of the holders of common shares of TransGlobe Energy Corporation ("TransGlobe" or the "Company") held on May 6, 2021 and the outcome of the vote:

Description of Matter

Outcome of Vote

Votes For
(ballots only)

Votes Against or Withheld
(ballots only)

1.    Ordinary resolution fixing the number of directors of TransGlobe to be elected at the Meeting at six (6).

 

Approved

23,440,848

98.50%

356,209

1.50%

2.    Ordinary resolution electing the following nominees to serve as directors of TransGlobe for the ensuing year, or until their successors are duly elected or appointed, as more particularly described in the information circular of TransGlobe dated March 18, 2021 (the "Information Circular"):

 

 

 

 

David B. Cook

Approved

17,619,066 74.04%

6,177,991

25.96%

Randall C. Neely

21,058,827

88.49%

2,738,230

11.51%

Ross G. Clarkson

21,230,289

89.21%

2,566,768

10.79%

Edward D. LaFehr

20,927,796

87.94%

2,869,261

12.06%

Timothy R. Marchant

20,507,197

86.18%

3,289,860

13.82%

Steven W. Sinclair

 

18,471,577

77.62%

5,324,480

22.38%

3.    Ordinary resolution appointing BDO Canada LLP, Chartered Accountants, as auditors of TransGlobe for the ensuing year and to authorize the directors of TransGlobe to fix their remuneration as such.

Approved

Show of hands

Show of hands

 

 

 

 

 

 

4.    Advisory resolution accepting the Company's approach to executive compensation, as described in the Information Circular.

 

Approved

20,862,106

87.67%

2,954,951

12.33%

 

Carol Bell did not stand for re-election and is no longer a Director of the Company.

 

About TransGlobe

TransGlobe Energy Corporation is a cashflow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobe's common shares trade on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

For further information, please contact:

 

TransGlobe Energy Corporation

Randy Neely, President and CEO

Eddie Ok, CFO

+1 403 264 9888

investor.relations@trans-globe.com

http://www.trans-globe.com

or via Tailwind Associates or

FTI Consulting

 

Tailwind Associates (Investor Relations)

Darren Engels

+1 403 618 8035

darren@tailwindassociates.ca

http://www.tailwindassociates.ca

FTI Consulting (Financial PR)

Ben Brewerton

Genevieve Ryan

+44(0) 20 3727 1000

transglobeenergy@fticonsulting.com

Canaccord Genuity (Nomad & Joint-Broker)

Henry Fitzgerald-O'Connor

James Asensio

+44(0) 20 7523 8000

Shore Capital (Joint Broker)

Jerry Keen

Toby Gibbs

+44(0) 20 7408 4090

 

 

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