CALGARY, ALBERTA–(Marketwired – May 11, 2017) – TransGlobe Energy Corporation (“TransGlobe”) (TSX:TGL)(NASDAQ:TGA) announced the voting results from its annual general and special meeting of shareholders held on May 11, 2017. The results of each matter voted upon at the meeting are as follows:
| Description of Matter | Outcome of Vote | Votes For | Votes Against or Withheld | |||||
| 1. | Fixing the number of directors of TransGlobe to be elected at the meeting at nine (9). | Approved | 93.75% | 6.25% | ||||
| 2. | Election of directors: | Approved | ||||||
| Robert G. Jennings | 87.93% | 12.07% | ||||||
| Ross G. Clarkson | 98.54% | 1.46% | ||||||
| Matthew Brister | 97.98% | 2.02% | ||||||
| David B. Cook | 95.85% | 4.15% | ||||||
| Fred J. Dyment | 95.77% | 4.23% | ||||||
| Lloyd W. Herrick | 98.53% | 1.47% | ||||||
| Bob (G.R.) MacDougall | 98.88% | 1.12% | ||||||
| Susan M. MacKenzie | 97.93% | 2.07% | ||||||
| Steven Sinclair | 98.63% | 1.37% | ||||||
| 3. | Appointment of Deloitte LLP, Chartered Accountants, as auditors of TransGlobe. | Approved | Show of hands | Show of hands | ||||
| 4. | Acceptance of the Company’s approach to executive compensation. | Approved | 94.06% | 5.94% | ||||
About TransGlobe Energy Corporation
TransGlobe is a Calgary-based, growth-oriented oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobe’s common shares trade on the Toronto Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.
TransGlobe Energy Corporation
Steve Langmaid
Investor Relations
(403) 444-4787
[email protected]
www.trans-globe.com
Steve Langmaid
Investor Relations
(403) 444-4787
[email protected]
www.trans-globe.com
