Gran Tierra Energy Inc. Transaction in Own Shares
25 November 2024 - 6:00PM
RNS Regulatory News
RNS Number : 4140N
Gran Tierra Energy Inc.
22 November 2024
GRAN TIERRA ENERGY
INC.
Company Announcement -
Transaction in Own Shares
November
22, 2024
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 may, 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 November 15 through November
21, 2024:
Transaction
Date
|
Daily total volume (#
Shares)
|
Daily volume weighted average
price of shares acquired (USD)
|
Gross
Value (USD)
|
November
15, 2024
|
20,000
|
$6.17
|
$123,335.30
|
November
18, 2024
|
19,746
|
$6.22
|
$122,746.46
|
November
19, 2024
|
20,000
|
$6.18
|
$123,570.19
|
November
20, 2024
|
20,000
|
$6.18
|
$123,621.07
|
November
21, 2024
|
20,000
|
$6.27
|
$125,364.74
|
TOTAL
|
99,746
|
$6.20
|
$618,637.76
|
|
Platform
|
Nov. 15,
2024
|
Nov. 18,
2024
|
Nov. 19,
2024
|
Nov. 20,
2024
|
Nov. 21,
2024
|
|
TSX
|
0
|
0
|
0
|
0
|
0
|
Volume
|
Pure
|
0
|
0
|
0
|
0
|
0
|
Chi-X
|
0
|
0
|
0
|
0
|
0
|
Omega
|
0
|
0
|
0
|
0
|
0
|
TriAct
|
0
|
0
|
0
|
0
|
0
|
Alpha
|
0
|
0
|
0
|
0
|
0
|
CNSX
|
0
|
0
|
0
|
0
|
0
|
LYNX
|
0
|
0
|
0
|
0
|
0
|
NEO
|
0
|
0
|
0
|
0
|
0
|
ASE
|
20,000
|
19,746
|
20,000
|
20,000
|
20,000
|
Volume weighted
average price (USD)
|
TSX
|
-
|
-
|
-
|
-
|
-
|
Pure
|
-
|
-
|
-
|
-
|
-
|
Chi-X
|
-
|
-
|
-
|
-
|
-
|
Omega
|
-
|
-
|
-
|
-
|
-
|
TriAct
|
-
|
-
|
-
|
-
|
-
|
Alpha
|
-
|
-
|
-
|
-
|
-
|
CNSX
|
-
|
-
|
-
|
-
|
-
|
LYNX
|
-
|
-
|
-
|
-
|
-
|
NEO
|
-
|
-
|
-
|
-
|
-
|
ASE
|
$6.17
|
$6.22
|
$6.18
|
$6.18
|
$6.27
|
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 36,261,691 issued and outstanding
shares.
http://www.rns-pdf.londonstockexchange.com/rns/4140N_1-2024-11-22.pdf
Contact
Information:
Gary
Guidry
Chief Executive Officer
Ryan
Ellson
Chief Financial Officer
Phillip
Abraham
Executive Vice President, Legal and Land
(403) 265-3221
info@grantierra.com
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