8 June 2021
PDMR Notification
VAALCO Energy, Inc. ("VAALCO" or "Company") announces that on 3 June 2021, 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 $3.06. The Common Shares will remain restricted for a period of one year from the date of transfer.
| Name | Role | Nature of transaction | Number of Common Shares | Price per Common Share ($) |
| Andrew Fawthrop | Director | Award of restricted shares of common stock | 26,144 | 3.06 |
| Catherine Stubbs | Director | Award of restricted shares of common stock | 26,144 | 3.06 |
| Bradley Radoff | Director | Award of restricted shares of common stock | 26,144 | 3.06 |
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 58.8% 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
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| Website: | |
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| Al Petrie Advisors (US Investor Relations) | +00 1 713 543 3422 |
| Al Petrie / Chris Delange |
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| Buchanan (UK Financial PR) |
+44 (0) 207 466 5000 |
| Ben Romney / Chris Judd / James Husband |
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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 common stock pursuant to the Company's 2020 Long Term Incentive Plan |
| (c) | Price(s) and volume(s) | Price: $3.06 Volume: 26,144 Total: $80,000.64 US Dollar |
| (d) | Aggregated information Aggregated volume Price |
Volume: 26,144 Price: $3.06
|
| (e) | Date of the transaction | 3 June 2021 |
| (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 common stock pursuant to the Company's 2020 Long Term Incentive Plan |
| (c) | Price(s) and volume(s) | Price: $3.06 Volume: 26,144 Total: $80,000.64 US Dollar |
| (d) | Aggregated information Aggregated volume Price |
Volume: 26,144 Price: $3.06
|
| (e) | Date of the transaction | 3 June 2021 |
| (f) | Place of the transaction | USA |
| 1. | Details of PDMR / PDMR Associate | |
| (a) | Name | Bradley Radoff |
| (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 common stock pursuant to the Company's 2020 Long Term Incentive Plan |
| (c) | Price(s) and volume(s) | Price: $3.06 Volume: 26,144 Total: $80,000.64 US Dollar |
| (d) | Aggregated information Aggregated volume Price |
Volume: 26,144 Price: $3.06
|
| (e) | Date of the transaction | 3 June 2021 |
| (f) | Place of the transaction | USA |
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