PetroTal Corp. ("PetroTal") (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 23 May 2024, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited ("Stifel"). The repurchased shares will be cancelled.
Date of purchase: 04 December 2024
Aggregate number of Common Shares purchased:
AIM: 6,185
TSX: 12,185
Total: 18,370
Lowest price paid per Common Share:
AIM: 35.490 pence
TSX: 0.620 CAD
Highest price paid per Common Share:
AIM: 35.490 pence
TSX: 0.620 CAD
Volume weighted average price paid per Common Share:
AIM: 35.490 pence
TSX: 0.620 CAD
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 912,150,116 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 912,150,116.
The figure of 912,150,116 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
Common Shares purchased: PetroTal Corp. (ISIN: CA71677J1012)
Date of purchases: 04 December 2024
Investment firm: Stifel Nicolaus Europe Limited
