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Kosmos Energy Ltd - Director/PDMR Shareholding

06/06/18 06:00 GMT
RNS Number : 4178Q
Kosmos Energy Limited
06 June 2018
 

Kosmos Energy Ltd (the "Company")
PDMR Shareholding

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

6 June 2018

The following Persons Discharging Managerial Responsibilities ("PDMRs") have had changes in their shareholdings of Common Shares in the Company:

PDMR

Date of transaction

No. of shares vested

No. of shares granted

No. of shares sold or withheld

Christopher J. Ball

1 June 2018

124,286

0

55,021

Jason E. Doughty

1 June 2018

109,238

0

48,360

Eric J. Haas

1 June 2018

100,476

0

44,480

Andrew G. Inglis

1 June 2018

257,142

0

113,835

Brian F. Maxted

1 June 2018

190,476

0

101,465

Paul M. Nobel

1 June 2018

78,570

0

34,783

 

The Notification of Dealing Form for each PDMR, which provides full details of the transactions outlined above, can be found below.

This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.

Richard Stephens

Assistant Secretary



 


CONTACT:

Investor Relations

Jamie Buckland
+44 203 954 2831
jbuckland@kosmosenergy.com

Rhys Williams
+1-214-445-9693
rwilliams@kosmosenergy.com

Media Relations

Thomas Golembeski
+1-214-445-9674
tgolembeski@kosmosenergy.com

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Christopher J. Ball

b)

Position / status

Senior Vice President, Planning and Business Development

c)

Initial notification / amendment

Initial notification

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Common Shares, par value $0.01 per share

b)

Nature of the transactions

(1)   124,286 shares issued on settlement of restricted share units granted to the reporting person on 23 June 2014 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)   55,021 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.

(1)   Shares vested

c)

Currency

USD

Price

7.95

Volume

124,286

Total

988,073.70

(2)   Shares sold or withheld


Currency

USD

Price

7.95

Volume

55,021

Total

437,416.95

d)

Aggregated information 


Price

7.95

Volume

69,265

Total

550,656.75

e)

Date of the transactions

1 June 2018

f)

Place of the transaction

NYSE

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Jason E. Doughty

b)

Position / status

Senior Vice President, General Counsel

c)

Initial notification / amendment

Initial notification

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Common Shares, par value $0.01 per share

b)

Nature of the transactions

(1)   109,238 shares issued on settlement of restricted share units granted to the reporting person on 23 June 2014 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)   48,360 shares withheld by the Company to satisfy the tax    withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.

(3)  

c)

Currency

USD

Price

7.95

Volume

109,238

Total

868,442.10

(4)   Shares sold or withheld


Currency

USD

Price

7.95

Volume

48,360

Total

384,462.00

d)

Aggregated information 


Price

7.95

Volume

60,878

Total

483,980.10

e)

Date of the transactions

1 June 2018

f)

Place of the transaction

NYSE

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Eric J. Haas

b)

Position / status

Senior Vice President, Production and Development

c)

Initial notification / amendment

Initial notification

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Common Shares, par value $0.01 per share

b)

Nature of the transactions

(1)   100,476 shares issued on settlement of restricted share units granted to the reporting person on 23 June 2014 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)   44,480 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.

(5)   Shares vested

c)

Currency

USD

Price

7.95

Volume

100,476

Total

798,784.20

(6)   Shares sold or withheld


Currency

USD

Price

7.95

Volume

44,480

Total

353,616.00

d)

Aggregated information 


Price

7.95

Volume

55,996

Total

445,168.20

e)

Date of the transactions

1 June 2018

f)

Place of the transaction

NYSE

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Andrew G. Inglis

b)

Position / status

Chairman and Chief Executive Officer

c)

Initial notification / amendment

Initial notification

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Common Shares, par value $0.01 per share

b)

Nature of the transactions

(1)   257,142 shares issued on settlement of restricted share units granted to the reporting person on 23 June 2014 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)   113,835 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.

(7)   Shares vested

c)

Currency

USD

Price

7.95

Volume

257,142

Total

2,044,278.90

(8)   Shares sold or withheld


Currency

USD

Price

7.95

Volume

113,835

Total

904,988.25

d)

Aggregated information 


Price

7.95

Volume

143,307

Total

1,139,290.65

e)

Date of the transactions

1 June 2018

f)

Place of the transaction

NYSE

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Brian F. Maxted

b)

Position / status

Chief Exploration Officer

c)

Initial notification / amendment

Initial notification

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Common Shares, par value $0.01 per share

b)

Nature of the transactions

(1)   190,476 shares issued on settlement of restricted share units granted to the reporting person on 23 June 2014 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)   101,465 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.

(9)   Shares vested

c)

Currency

USD

Price

7.95

Volume

190,476

Total

1,514,284.20

(10) Shares sold or withheld


Currency

USD

Price

7.95

Volume

101,465

Total

806,646.75

d)

Aggregated information 


Price

7.95

Volume

89,011

Total

707,637.45

e)

Date of the transactions

1 June 2018

f)

Place of the transaction

NYSE

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Paul M. Nobel

b)

Position / status

Senior Vice President, Chief Accounting Officer

c)

Initial notification / amendment

Initial notification

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Common Shares, par value $0.01 per share

b)

Nature of the transactions

(1)   78,570 shares issued on settlement of restricted share units granted to the reporting person on 23 June 2014 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)   34,783 shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to the reporting person under the Company's Long Term Incentive Plan.

(11) Shares vested

c)

Currency

USD

Price

7.95

Volume

78,570

Total

624,631.50

(12) Shares sold or withheld


Currency

USD

Price

7.95

Volume

34,783

Total

276,524.85

d)

Aggregated information 


Price

7.95

Volume

43,787

Total

348,106.65

e)

Date of the transactions

1 June 2018

f)

Place of the transaction

NYSE

 


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