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Kosmos Energy Ltd - Director/PDMR Shareholding

02/05/19 07:00 GMT
RNS Number : 0464P
Kosmos Energy Limited
05 February 2019
 

Kosmos Energy Ltd (the "Company")
PDMR Shareholding - Amendment

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

5 February 2019

Due to an administrative error, the original Person Discharging Managerial Responsibilities ("PDMR") shareholding notifications filed on 7 January 2019 and 10 January 2019 reporting the number of shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted share units granted to Brian F. Maxted and Eric J. Haas under the Company's Long Term Incentive Plan were stated incorrectly. The correct changes in the PDMR shareholdings are as follows:

PDMR

Date of transaction

No. of shares vested

No. of shares granted

No. of shares sold or withheld

Eric J. Haas

2 January 2019

0

0

20,477

Eric J. Haas

4 January 2019

43,296

0

18,439

Brian F. Maxted

2 January 2019

0

0

42,379

The Notification of Dealing Form for the 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
+1-469-475-2687
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

Eric J. Haas

b)

Position / status

Senior Vice President, Production and Development

c)

Initial notification / amendment

Amendment

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

20,477 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

N/A

Volume

N/A

Total

N/A

(2)   Shares sold or withheld


Currency

USD

Price

4.12

Volume

20,477

Total

84,365.24

d)

Aggregated information 


Price

4.12

Volume

20,477

Total

84,365.24

e)

Date of the transactions

2 January 2019

f)

Place of the transaction

NYSE

3.

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) 43,296 shares issued on settlement of restricted share units granted to the reporting person on 22 January 2016 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2) 18,439 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

4.60

Volume

43,296

Total

199,161.60

(2)   Shares sold or withheld


Currency

USD

Price

4.60

Volume

18,439

Total

84,819.40

d)

Aggregated information 


Price

4.60

Volume

24,857

Total

114,342.20

e)

Date of the transactions

4 January 2019

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

Amendment

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

42,379 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

N/A

Volume

N/A

Total

N/A

(2)   Shares sold or withheld


Currency

USD

Price

4.12

Volume

42,379

Total

174,601.48

d)

Aggregated information 


Price

4.12

Volume

42,379

Total

174,601.48

e)

Date of the transactions

2 January 2019

f)

Place of the transaction

NYSE

 


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