TransGlobe Energy Corporation
TSX : TGL
NASDAQ : TGA

TransGlobe Energy Corporation

May 13, 2016 13:40 ET

TransGlobe Energy Corporation Reports Voting Results

CALGARY, ALBERTA--(Marketwired - May 13, 2016) - TransGlobe Energy Corporation ("TransGlobe") (TSX:TGL)(NASDAQ:TGA) announced the voting results from its annual general and special meeting of shareholders held on May 12, 2016. 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 eight (8). Approved 94.46% 5.54%
2. Election of directors: Approved
Robert G. Jennings 98.70% 1.30%
Ross G. Clarkson 97.41% 2.59%
Geoffrey C. Chase 97.70% 2.30%
David B. Cook 71.75% 28.25%
Fred J. Dyment 94.86% 5.14%
Lloyd W. Herrick 96.30% 3.70%
Bob (G.R.) MacDougall 98.71% 1.29%
Susan M. MacKenzie 98.69% 1.31%
3. Appointment of Deloitte & Touche 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 93.81% 6.19%
5. Approval of a new stock option plan for the Company and all unallocated options issuable under such stock option plan. Approved 82.30% 17.70%

About TransGlobe Energy Corporation

TransGlobe is a Calgary-based, growth-oriented oil and gas exploration and development company focused on the Middle East/North Africa region with production operations in the Arab Republic of Egypt. TransGlobe's common shares trade on the Toronto Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA. TransGlobe's convertible debentures trade on the Toronto Stock Exchange under the symbol TGL.DB.

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