AI Terminal
Energy SpA
Transaction in Own Shares • Aug 8, 2024
4100_rns_2024-08-08_8de1cda1-ec4e-4499-804d-e04b5b967ee0.html
Transaction in Own Shares
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 8081Z
Gran Tierra Energy Inc.
08 August 2024
GRAN TIERRA ENERGY INC.
Company Announcement - Transaction in Own Shares
August 8, 2024
On October 31, 2023 Gran Tierra Energy Inc. ("Gran Tierra") announced a normal course issuer bid (the "NCIB") through the facilities of the Toronto Stock Exchange ("TSX"). The Company received regulatory approval from the TSX on November 1, 2023 to commence the 2023 NCIB. Pursuant to the NCIB, Gran Tierra ma y, for a one year period, purchase for cancellation or hold to satisfy awards granted under Gran Tierra's 2007 Equity Incentive Plan (the "2007 Equity Incentive Plan") up to 3,234,914 of its shares of common stock at prevailing market prices at the time of purchase. The NCIB commenced on November 3, 2023 and will expire on November 2, 2024, or earlier if the 10.00% share maximum is reached. The purpose of the NCIB is to reduce the share capital of Gran Tierra or to satisfy awards granted under the 2007 Equity Incentive Plan.
The following transactions were made under the NCIB on from August 2 through August 7, 2024:
| Transaction Date | Daily total volume (# Shares) | Daily volume weighted average price of shares acquired (CAD) | Gross Va l u e (CAD) |
| August 2, 2024 | 14,306 | $10.96 | $156,769.38 |
| August 6, 2024 | 14,306 | $10.60 | $151,668.88 |
| August 7, 2024 | 14,000 | $10.57 | $147,932.00 |
| TOTAL | 42,612 | $10.71 | $456,370.26 |
| Platform | Aug. 2, 2024 | Aug. 5, 2024 | Aug. 6, 2024 | Aug. 7, 2024 | |
| TSX | 6,800 | 0 | 4,400 | 3,900 | |
| Volume | Pure | 0 | 0 | 0 | 0 |
| Chi-X | 5,200 | 0 | 3,200 | 4,800 | |
| Omega | 0 | 0 | 4,300 | 4,300 | |
| TriAct | 6 | 0 | 6 | 0 | |
| Alpha | 1,200 | 0 | 1,200 | 500 | |
| CNSX | 100 | 0 | 100 | 0 | |
| LYNX | 0 | 0 | 0 | 0 | |
| NEO | 1,000 | 0 | 1,100 | 500 | |
| ASE | 0 | 0 | 0 | 0 | |
| Volume weighted average price (USD) |
TSX | $10.94 | - | $10.61 | $10.59 |
| Pure | - | - | - | - | |
| Chi-X | $10.98 | - | $10.61 | $10.56 | |
| Omega | - | - | $10.59 | $10.55 | |
| TriAct | $10.73 | - | $10.48 | - | |
| Alpha | $10.89 | - | $10.61 | $10.62 | |
| CNSX | $10.75 | - | $10.52 | - | |
| LYNX | - | - | - | - | |
| NEO | $11.08 | - | $10.59 | $10.55 |
All transactions were made under ISIN US38500T2006 and effected by Eight Capital on behalf of Gran Tierra. A full breakdown of the individual trades is attached to this announcement. Following the above transactions, Gran Tierra will have 30,665,305 issued and outstanding shares.
Please click on link for a full breakdown of the individual trades to this announcement.
http://www.rns-pdf.londonstockexchange.com/rns/8081Z_1-2024-8-8.pdf
Contact Information:
Gary Guidry
Chief Executive Officer
Ryan Ellson
Chief Financial Officer
Phillip Abraham
Vice President, Legal and Business Development
(403) 265-3221
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
POSSSLFWAELSESA