Fladgate advises TransGlobe Energy Corporation on its introduction to AIM

Our team: Nigel Gordon, David Lee, Paul Airley, Orit Rioumine Gold

Fladgate advised TSX and NASDAQ listed TransGlobe Energy Corporation, an independent international oil and gas company with exploration and production operations in Egypt and Canada, on its introduction to AIM.  The company’s full year average production guidance for 2018 is between 14,200 and 15,600 barrels of oil per day.

TransGlobe will be the first AIM listed company to be listed on both the TSX and NASDAQ. With TransGlobe’s key assets being in Egypt, the company has sought an AIM listing to obtain wider exposure to investors in the UK and Europe. Admission to AIM is expected to become effective on 29 June 2018. The market capitalisation of the company on admission is expected to be approximately £135 million.

Capital markets partner Paul Airley led the team, assisted by capital markets partner Nigel Gordon and corporate associates Orit Rioumine Gold and David Lee.

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