TransGlobe Energy is pleased to announce that it has now closed its previously announced merger with VAALCO Energy by way of plan of arrangement pursuant to Section 193 of the Business Corporations Act. On October 14, 2022, it is expected that common shares of TransGlobe will be delisted on NASDAQ and trading of TransGlobe Common Shares on AIM will [...]
TransGlobe Energy Corp. is pleased to announce that today it received final approval from the Court of King's Bench of Alberta for the previously announced plan of arrangement pursuant to Section 193 of the Business Corporations Act, pursuant to which the holders of common shares of TransGlobe will receive, for each TransGlobe Common Share held [...]
TransGlobe Energy Corp. is pleased to announce that today at its special meeting of the holders of common shares of TransGlobe , the TransGlobe Shareholders passed a special resolution approving a plan of arrangement pursuant to Section 193 of the Business Corporations Act , pursuant to which VAALCO Energy Canada ULC , will acquire all of the [...]
TransGlobe Energy Corp. provides an updated transaction timetable to correspond with the postponed special meeting of the holders of TransGlobe common shares to consider the special resolution to approve the proposed plan of arrangement to implement the business combination with VAALCO Energy, Inc. rescheduled to 9:00 a.m. MT Friday October 7 [...]
The TransGlobe Board believes it is in the best interests of the Company to postpone the Special Meeting to allow shareholders more time to evaluate the Transaction and cast their votes A material number of votes on the Arrangement Resolution have been received after the proxy voting deadline Current voting results show only approximately 50% of [...]
TransGlobe Energy Corp. notes the positive update issued by VAALCO Energy, Inc. this morning. VAALCO's announcement can be viewed here. David Cook, Chair of the Board of TransGlobe commented: "VAALCO continues to make positive progress with its ongoing Etame drilling programme with the successful drilling of the North Tchibala 2H-ST well. Today's [...]
TransGlobe Energy Corp. notes the positive update issued by VAALCO Energy, Inc. this morning announcing that the Government of Equatorial Guinea has approved the Venus - Block P Plan of Development . The approval of the POD substantially adds to the proposed joint African portfolio of TransGlobe and VAALCO as it will materially increase the [...]
TransGlobe Energy Corp. Dear Shareholder: We recently mailed you proxy materials in connection with the special meeting of shareholders of TransGlobe Energy Corp. scheduled to be held on September 29, 2022. Your voting participation is requested for this important meeting. Please vote your proxy today. Internet and telephone voting are available [...]
TransGlobe Energy Corp. is pleased to announce that it has received confirmation that Glass Lewis & Co. , a leading proxy advisory service company, has analysed the all-share business combination with VAALCO Energy, Inc. and has recommended that shareholders vote FOR the proposed transaction. Following an analysis of the transaction, Glass Lewis [...]
TransGlobe Energy Corp. is pleased to note the updated report issued by a leading proxy advisor, Institutional Shareholder Services , recommends its institutional clients vote FOR the proposed business combination of TransGlobe and VAALCO Energy, Inc. to create a world-class African-focused E&P company supporting sustainable shareholder returns and [...]
TransGlobe Responds to Spurious Claims that Misrepresent the Combination with VAALCO TransGlobe Energy Corp. today issued the following statement in response to press releases issued by Horizon Partners on 13 and 14 September 2022 concerning TransGlobe's unanimously recommended all-share business combination with VAALCO Energy, Inc. . While [...]
TransGlobe Energy Corp. is pleased to note the reports issued by a leading proxy advisor, Institutional Shareholder Services and its unanimous recommendation that its institutional clients vote FOR the proposed business combination of TransGlobe and VAALCO Energy, Inc. at the special meeting of the shareholders of TransGlobe to create a world-class [...]
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