RNS Number : 3195H
Gran Tierra Energy Inc.
18 March 2024
 

March 18, 2024

 

Gran Tierra Energy Inc.

(the "Company")

 

Notification of Transactions in the Company's Shares by Directors and Persons Discharging Managerial Responsibility

 

The Company announces the following transactions in Performance Stock Units undertaken by directors / persons discharging managerial responsibility.

 

Performance Stock Units (PSUs) granted to Executives on March 1, 2021 have vested and have been paid out to participants based on the closing price of the Company's shares on December 31, 2023.  The original grants of PSUs were adjusted by a performance factor of 1.50.

 

The Notification of Dealing Form for the vesting and payment of the PSUs for PDMRs can be found below.

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

Contact Information:

Gary Guidry
President and Chief Executive Officer

Ryan Ellson
Executive Vice President and Chief Financial Officer

Phillip Abraham
Vice President, Legal and Business Development


(403) 265-3221

info@grantierra.com

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gary Guidry, President and Chief Executive Officer

Ryan Ellson, Executive Vice President and Chief Financial Officer

Jim Evans, Vice President, Corporate Services

Phillip Abraham, Vice President, Legal and Business Development

 

2

Reason for the notification

a)

Position/status

See 1 a) above

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Gran Tierra Energy Inc.

b)

LEI

549300IH2S17MAIUCM32

4

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, type of instrument

Performance Stock Units

 

Each Performance Stock Unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock.

 


Identification code

n/a

b)

Nature of the transaction

Vesting and Cash Settlement of Performance Stock Units

c)

Price(s) and volume(s)

PDMR

Price(s)

Volume (s)

Gary Guidry

Ryan Ellson

Jim Evans

Phillip Abraham

 

USD 5.64

USD 5.64

USD 5.64

USD 5.64

 

244,661

167,184

97,574

48,059

 

d)

Aggregated information

- Aggregated volume

- Price

 

Price(s)

Volume (s)

USD 5.64

557,478

e)

Date of the transaction

15 March 2024

f)

Place of the transaction

Outside a trading venue

 

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