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Kosmos Energy Ltd - Director/PDMR Shareholding

01/09/20 07:00 GMT
RNS Number : 2197Z
Kosmos Energy Limited
09 January 2020
 

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

09 January 2020

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

6 January 2020

140,431

0

56,387

Thomas P. Chambers

6 January 2020

156,488

0

62,705

Jason E. Doughty

6 January 2020

130,424

0

52,449

Ronald W. Glass

6 January 2020

14,256

0

6,366

Andrew G. Inglis

6 January 2020

241,713

0

96,241

 

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 J. 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

SVP and Chief Commercial 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)  140,431 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2017 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)  56,387 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)   Shares vested

c)

Currency

USD

Price

5.98

Volume

140,431

Total

839,777.38

(4)   Shares sold or withheld

 

Currency

USD

Price

5.98

Volume

56,387

Total

337,194.26

d)

Aggregated information 

 

Price

5.98

Volume

84,044

Total

502,583.12

e)

Date of the transactions

6 January 2020

f)

Place of the transaction

NYSE

 

1.

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

a)

Name

Thomas P. Chambers

b)

Position / status

Senior Vice President and Chief Financial 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) 156,488 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2017 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2) 62,705 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)   Shares vested

c)

Currency

USD

Price

5.98

Volume

156,488

Total

935,798.24

(4)   Shares sold or withheld

 

Currency

USD

Price

5.98

Volume

62,705

Total

374,975.90

d)

Aggregated information 

 

Price

5.98

Volume

93,783

Total

560,822.34

e)

Date of the transactions

6 January 2020

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) 130,424 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2017 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2) 52,449 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)   Shares Vested

c)

Currency

USD

Price

5.98

Volume

130,424

Total

779,935.52

(4)   Shares sold or withheld

 

Currency

USD

Price

5.98

Volume

52,449

Total

313,645.02

d)

Aggregated information 

 

Price

5.98

Volume

77,975

Total

466,290.50

e)

Date of the transactions

6 January 2020

f)

Place of the transaction

NYSE

 

1.

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

a)

Name

Ronald W. Glass

b)

Position / status

Vice President and 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) 14,256 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2017 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2) 6,366 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)   Shares vested

c)

Currency

USD

Price

5.98

Volume

14,256

Total

85,250.88

(4)   Shares sold or withheld

 

Currency

USD

Price

5.98

Volume

6,366

Total

38,068.68

d)

Aggregated information 

 

Price

5.98

Volume

7,890

Total

47,182.20

e)

Date of the transactions

6 January 2020

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) 241,713 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2017 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2) 96,241 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)   Shares vested

c)

Currency

USD

Price

5.98

Volume

241,713

Total

1,445,443.74

(4)   Shares sold or withheld

 

Currency

USD

Price

5.98

Volume

96,241

Total

575,521.18

d)

Aggregated information 

 

Price

5.98

Volume

145,472

Total

869,922.56

e)

Date of the transactions

6 January 2020

f)

Place of the transaction

NYSE

 

 


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