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Energy SpA

Transaction in Own Shares Jan 10, 2025

4100_rns_2025-01-10_62330f1d-8b34-45f9-889c-96d18dd82fbc.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 9713S

Gran Tierra Energy Inc.

10 January 2025

GRAN TIERRA ENERGY INC.

Company Announcement - Transaction in Own Shares

January 10, 2025

On November 4, 2024 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 4 , 2024 to commence the 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 3,545,872 of its shares of common stock at prevailing market prices at the time of purchase. The NCIB commenced on November 6 , 2024 and will expire on November 5, 2025, 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 January 3 through January 9, 2025:

Transaction Date Daily total volume (# Shares) Daily volume weighted average price of shares acquired (USD) Gross Va l u e (USD)
January 3, 2025 10,000 $7.56 $75,613.30
January 6, 2025 10,000 $7.59 $75,894.21
January 7, 2025 10,000 $7.57 $75,696.64
January 8, 2025 10,000 $7.53 $75,280.62
January 9, 2025 0 $0.00 $0.00
TOTAL 40,000 $7.56 $302,484.77
Platform Jan. 3, 2025 Jan. 6, 2025 Jan. 7, 2025 Jan. 8, 2025
TSX 0 0 0 0
Volume Pure 0 0 0 0
Chi-X 0 0 0 0
Omega 0 0 0 0
TriAct 0 0 0 0
Alpha 0 0 0 0
CNSX 0 0 0 0
LYNX 0 0 0 0
NEO 0 0 0 0
ASE 10,000 10,000 10,000 10,000
Volume weighted

average price (USD)
TSX - - - -
Pure - - - -
Chi-X - - - -
Omega - - - -
TriAct - - - -
Alpha - - - -
CNSX - - - -
LYNX - - - -
NEO - - - -
ASE $7.56 $7.59 $7.57 $7.53

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 35,922,193 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/9713S_1-2025-1-10.pdf 

Contact Information:

Gary Guidry

Chief Executive Officer

Ryan Ellson

Chief Financial Officer

Phillip Abraham

Executive Vice President, Legal and Land

(403) 265-3221

[email protected]

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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