VAALCO ENERGY INC /DE/

Transaction in Own Shares • Dec 17, 2019

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RNS Number : 0637X

Vaalco Energy Inc

17 December 2019

SECTION 16 INSIDER / PDMR SECURITY DEALING ANNOUNCEMENT PRO FORMA

VAALCO Energy, Inc. ("VAALCO" or "Company") announces share [purchases/disposals/option awards] [by/to] certain persons discharging managerial responsibility in the Company as follows:

Name	Role	Number of Shares	Price per share
Cary Bounds	CEO & COO	119720	1.04

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 31.1% 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
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) 207 466 5000
Ben Romney / Chris Judd / James Husband	[email protected]

Notification of dealings in shares by PDMR's of the Company:

1.	Details of PDMR / PDMR Associate
(a)	Name	Cary Bounds
(b)	Position / status	Chief Executive Officer and Chief Operating Officer
(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	Common Stock
(b)	Nature of the transaction	Exercise of Options
(c)	Price(s) and volume(s)	Price:  1.04 Volume:  119720
(d)	Aggregated information Aggregated volume Price	Price:  1.04 Volume:  119720 Total:  $124,508.80
(e)	Date of the transaction	December 12, 2019
(f)	Place of the transaction	USA

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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