Director/PDMR Shareholding
PetroTal Corp. announced that its President and CEO, Manuel Pablo Zuniga-Pflucker, sold 2,200,000 common shares between August 31 and September 1, 2026, at an average price of C$0.51541 per share, primarily to cover personal tax liabilities from vested performance share units. Following these transactions, Mr. Zuniga-Pflucker beneficially owns 10.8 million common shares and holds an additional 10.5 million convertible performance share units.
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Calgary, AB and Houston, TX - September 3, 2026 - PetroTal Corp. ("PetroTal" or the "Company") (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announces that Manuel Pablo Zuniga-Pflucker, President and Chief Executive Officer, disposed of 2,200,000 Common Shares of PetroTal over a two-day period from August 31 to September 1 inclusive, at an average price of C$0.51541/share. The sale was primarily to fund normal course personal tax liabilities associated with the vesting of Performance Share Units ("PSUs").
As a result of these transactions, Mr. Zuniga-Pflucker's total beneficial interest in the Company is now 10.8 million Common Shares. Mr. Zuniga-Pflucker also holds 10.5 million PSUs, which are convertible into Common Shares.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Manuel Pablo Zuniga-Pflucker |
| 2 | Reason for the notification | |
| a) | Position/status | President and Chief Executive Officer |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | PetroTal Corp |
| b) | LEI | 21380047ER33PRH4XH56 |
| b) | Nature of the transaction | The sale of Common Shares of no par value each in the Company. |
| c) | Price(s) and volume(s) | Date August 31 September 1 Price $0.5124 $0.5300 Volume 1,823,500 376,500 |
| d) | Aggregated information Aggregated volume Price | 2,200,000 $0.51541 |
| e) | Date(s) of the transaction | August 31 - September 1, 2026 |
| f) | Place of the transaction | TSX |
Camilo McAllister
Executive Vice President and Chief Financial Officer
Manolo Zuniga
President and Chief Executive Officer
PetroTal Investor Relations
Celicourt Communications
Mark Antelme / Jimmy Lea / Charles Denley-Myerson
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
Peel Hunt LLP (Joint Broker)
Richard Crichton / Georgia Langoulant
596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
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