TransGlobe Energy Corporation Announces Update to Significant Shareholder

CALGARY, Alberta, April 17, 2019 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX:  “TGL” & NASDAQ:  “TGA”)

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer)
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			TransGlobe Energy Corporation
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer						x
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						x
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii: Total number of voting rights of issuer changed as a result of completion of tender offer.
3. Details of person subject to the notification obligationiv
Name			Janus Henderson Group plc
City and country of registered office (if applicable)			London, UK
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			12 April 2019
6. Date on which issuer notified (DD/MM/YYYY):			16 April 2019
7. Total positions of person(s) subject to the notification obligation
	% of voting rightsattached to shares(total of 8. A)	% of voting rightsthrough financialinstruments (total of 8.B 1 + 8.B 2)		Total of both in %(8.A + 8.B)	Total number ofvoting rightsof issuervii
Resulting situation on the date on which threshold was crossed or reached	9.92%	0%		9.92%	72,542.071
Position of previous notification (if applicable)	11.54%	0%		11.54%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of sharesISIN code (if possible)		Number of voting rightsix				% of voting rights
		Direct(Art 9 of Directive2004/109/EC)(DTR5.1)		Indirect(Art 10 of Directive2004/109/EC)(DTR5.2.1)		Direct(Art 9 of Directive2004/109/EC)(DTR5.1)	Indirect(Art 10 of Directive2004/109/EC)(DTR5.2.1)
CA8936621066		-		7,202,609		-	9.92%
SUBTOTAL 8. A		7,202,609				9.92%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument	Expiration datex		Exercise/ Conversion Periodxi		Number of voting rightsthat may be acquiredif the instrument is exercised/converted.			% ofvotingrights
			SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number ofvoting rights	% ofvotingrights
			SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)				X
Namexv	% of voting rightsif it equalsor is higher thanthe notifiablethreshold	% of voting rightsthrough financialinstrumentsif it equalsor is higher thanthe notifiablethreshold	Total of bothif it equalsor is higher thanthe notifiablethreshold
Janus Henderson Group plc
Henderson Group Holdings Asset Management Limited
HGI Asset Management Group Limited
Henderson Global Group Limited
Henderson Holdings Group Limited
HGI Group Limited
Henderson Global Investors (Holdings) Limited
Henderson Global Investors Limited	9.92%		9.92%

10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi

Place of completion	201 Bishopsgate, London EC2M 3AE
Date of completion	16 April 2019

About TransGlobeTransGlobe Energy Corporation is a cash flow focused 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 and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

For further information, please contact:

Investor RelationsTelephone: 403.264.9888 Email: [email protected] Web site:  http://www.trans-globe.com

TransGlobe Energy	Via FTI Consulting
Randy Neely, President and CEO Eddie Ok, Chief Financial Officer	www.trans-globe.com
Canaccord Genuity  (Nomad & Joint Broker)	+44 (0) 20 7523 8000
Henry Fitzgerald-O'Connor James Asensio
GMP First Energy (Joint Broker)	+44(0)207 448 0200
Jonathan Wright
FTI Consulting (Financial PR)	+44 (0) 203 727 1000
Ben Brewerton Genevieve Ryan	[email protected]

PDF available: http://ml.globenewswire.com/Resource/Download/5c08578a-d052-405e-a56e-1df798561ea4

Source: TransGlobe Energy Corporation

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