Kosmos Energy Ltd - Director/PDMR Shareholding
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
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 |
|
Yves-Louis Darricarrere |
9 November 2017 |
0 |
0 |
14,000 |
|
Thomas P Chambers |
1 December 2017 |
0 |
0 |
9,866 |
|
Eric Haas |
2 January 2018 |
336,818 |
0 |
153,916 |
|
Brian F Maxted |
2 January 2018 |
579,294 |
0 |
317,575 |
|
Jason Doughty |
2 January 2018 |
366,192 |
0 |
178,252 |
|
Thomas P Chambers |
2 January 2018 |
206,250 |
0 |
114,770 |
|
Christopher James Ball |
2 January 2018 |
416,636 |
0 |
132,457 |
|
Paul Nobel |
2 January 2018 |
135,924 |
0 |
67,635 |
|
Andrew G Inglis |
2 January 2018 |
805,832 |
0 |
366,988 |
|
Eric Haas |
31 January 2018 |
0 |
52,038 |
0 |
|
Brian F Maxted |
31 January 2018 |
0 |
89,500 |
0 |
|
Jason Doughty |
31 January 2018 |
0 |
56,576 |
0 |
|
Thomas P Chambers |
31 January 2018 |
0 |
73,125 |
0 |
|
Christopher James Ball |
31 January 2018 |
0 |
64,370 |
0 |
|
Paul Nobel |
31 January 2018 |
0 |
40,000 |
0 |
|
Andrew G Inglis |
31 January 2018 |
0 |
124,500 |
0 |
|
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.
Assistant Secretary
CONTACT:
Investor Relations
+1-469-475-2687
jbuckland@kosmosenergy.com
+1-214-445-9693
rwilliams@kosmosenergy.com
Media Relations
+1-214-445-9674
tgolembeski@kosmosenergy.com
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Yves-Louis Darricarrere |
b) |
Position / status |
Director |
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 transaction |
Disposal of shares |
c) |
Currency |
USD |
Price |
8.57 |
|
Volume |
14,000 |
|
Total |
119,980.00 |
|
d) |
Aggregated information |
|
Price |
8.57 |
|
Volume |
14,000 |
|
Total |
119,980.00 |
|
e) |
Date of the transaction |
9 November 2017 |
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 transaction |
9,866 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. |
c) |
Currency |
USD |
Price |
7.99 |
|
Volume |
9,866 |
|
Total |
78,829.34 |
|
d) |
Aggregated information |
|
Price |
7.99 |
|
Volume |
9,866 |
|
Total |
78,829.34 |
|
e) |
Date of the transaction |
1 December 2017 |
f) |
Place of the transaction |
NYSE |
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Eric 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) 336,818 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2015 under the Plan that vested based on the level of achievement of the applicable performance condition. (2) 153,916 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 |
6.85 |
|
Volume |
336,818 |
|
Total |
2,307,203.30 |
|
(2) Shares sold or withheld |
||
|
Currency |
USD |
Price |
6.85 |
|
Volume |
153,916 |
|
Total |
1,054,324.60 |
|
d) |
Aggregated information |
|
Price |
6.85 |
|
Volume |
182,902 |
|
Total |
1,252,878.70 |
|
e) |
Date of the transactions |
2 January 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) 579,294 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2015 under the Plan that vested based on the level of achievement of the applicable performance condition. (2) 317,575 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 |
6.85 |
|
Volume |
579,294 |
|
Total |
3,968,163.90 |
|
(2) Shares sold or withheld |
||
|
Currency |
USD |
Price |
6.85 |
|
Volume |
317,575 |
|
Total |
2,175,388.75 |
|
d) |
Aggregated information |
|
Price |
6.85 |
|
Volume |
261,719 |
|
Total |
1,792,775.15 |
|
e) |
Date of the transactions |
2 January 2018 |
f) |
Place of the transaction |
NYSE |
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Jason 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) 366,192 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2015 under the Plan that vested based on the level of achievement of the applicable performance condition. (2) 178,252 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 |
6.85 |
|
Volume |
366,192 |
|
Total |
2,508,415.20 |
|
(2) Shares sold or withheld |
||
|
Currency |
USD |
Price |
6.85 |
|
Volume |
178,252 |
|
Total |
1,221,026.20 |
|
d) |
Aggregated information |
|
Price |
6.85 |
|
Volume |
187,940 |
|
Total |
1,287,389.00 |
|
e) |
Date of the transactions |
2 January 2018 |
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) 206,250 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2015 under the Plan that vested based on the level of achievement of the applicable performance condition. (2) 114,770 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 |
6.85 |
|
Volume |
206,250 |
|
Total |
1,412,812.50 |
|
(2) Shares sold or withheld |
||
|
Currency |
USD |
Price |
6.85 |
|
Volume |
114,770 |
|
Total |
786,174.50 |
|
d) |
Aggregated information |
|
Price |
6.85 |
|
Volume |
91,480 |
|
Total |
626,638.00 |
|
e) |
Date of the transactions |
2 January 2018 |
f) |
Place of the transaction |
NYSE |
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Christopher James 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) 416,636 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2015 under the Plan that vested based on the level of achievement of the applicable performance condition. (2) 132,457 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 |
6.85 |
|
Volume |
416,636 |
|
Total |
2,853,956.60 |
|
(2) Shares sold or withheld |
||
|
Currency |
USD |
Price |
6.85 |
|
Volume |
132,457 |
|
Total |
907,330.45 |
|
d) |
Aggregated information |
|
Price |
6.85 |
|
Volume |
284,179 |
|
Total |
1,946,626.15 |
|
e) |
Date of the transactions |
2 January 2018 |
f) |
Place of the transaction |
NYSE |
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Paul 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) 135,924 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2015 under the Plan that vested based on the level of achievement of the applicable performance condition. (2) 67,635 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 |
6.85 |
|
Volume |
135,924 |
|
Total |
931,079.40 |
|
(2) Shares sold or withheld |
||
|
Currency |
USD |
Price |
6.85 |
|
Volume |
67,635 |
|
Total |
463,299.75 |
|
d) |
Aggregated information |
|
Price |
6.85 |
|
Volume |
68,289 |
|
Total |
467,779.65 |
|
e) |
Date of the transactions |
2 January 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) 805,832 shares issued on settlement of restricted share units granted to the reporting person on 23 January 2015 under the Plan that vested based on the level of achievement of the applicable performance condition. (2) 366,988 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 |
6.85 |
|
Volume |
805,832 |
|
Total |
5,519,949.20 |
|
(2) Shares sold or withheld |
||
|
Currency |
USD |
Price |
6.85 |
|
Volume |
366,988 |
|
Total |
2,513,867.80 |
|
d) |
Aggregated information |
|
Price |
6.85 |
|
Volume |
438,844 |
|
Total |
3,006,081.40 |
|
e) |
Date of the transactions |
2 January 2018 |
f) |
Place of the transaction |
NYSE |
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Eric 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 |
52,038 shares granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 1 of each of 2019, 2020 and 2021, subject to the terms of the Plan and the applicable award agreement issued thereunder. |
c) |
Currency |
USD |
Price |
6.91 |
|
Volume |
52,038 |
|
Total |
359,582.58 |
|
d) |
Aggregated information |
|
Price |
6.91 |
|
Volume |
52,038 |
|
Total |
359,582.58 |
|
e) |
Date of the transactions |
31 January 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 |
89,500 shares granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 1 of each of 2019, 2020 and 2021, subject to the terms of the Plan and the applicable award agreement issued thereunder. |
c) |
Currency |
USD |
Price |
6.91 |
|
Volume |
89,500 |
|
Total |
618,445.00 |
|
d) |
Aggregated information |
|
Price |
6.91 |
|
Volume |
89,500 |
|
Total |
618,445.00 |
|
e) |
Date of the transactions |
31 January 2018 |
f) |
Place of the transaction |
NYSE |
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Jason 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 |
56,576 shares granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 1 of each of 2019, 2020 and 2021, subject to the terms of the Plan and the applicable award agreement issued thereunder. |
c) |
Currency |
USD |
Price |
6.91 |
|
Volume |
56,576 |
|
Total |
390,940.16 |
|
d) |
Aggregated information |
|
Price |
6.91 |
|
Volume |
56,576 |
|
Total |
390,940.16 |
|
e) |
Date of the transactions |
31 January 2018 |
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 |
73,125 shares granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 1 of each of 2019, 2020 and 2021, subject to the terms of the Plan and the applicable award agreement issued thereunder. |
c) |
Currency |
USD |
Price |
6.91 |
|
Volume |
73,125 |
|
Total |
505,293.75 |
|
d) |
Aggregated information |
|
Price |
6.91 |
|
Volume |
73,125 |
|
Total |
505,293.75 |
|
e) |
Date of the transactions |
31 January 2018 |
f) |
Place of the transaction |
NYSE |
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Christopher James 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 |
64,370 shares granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 1 of each of 2019, 2020 and 2021, subject to the terms of the Plan and the applicable award agreement issued thereunder. |
c) |
Currency |
USD |
Price |
6.91 |
|
Volume |
64,370 |
|
Total |
444,796.70 |
|
d) |
Aggregated information |
|
Price |
6.91 |
|
Volume |
64,370 |
|
Total |
444,796.70 |
|
e) |
Date of the transactions |
31 January 2018 |
f) |
Place of the transaction |
NYSE |
1. |
Details of PDMR / person closely associated with them ("PCA") |
|
a) |
Name |
Paul 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 |
40,000 shares granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 1 of each of 2019, 2020 and 2021, subject to the terms of the Plan and the applicable award agreement issued thereunder. |
c) |
Currency |
USD |
Price |
6.91 |
|
Volume |
40,000 |
|
Total |
276,400.00 |
|
d) |
Aggregated information |
|
Price |
6.91 |
|
Volume |
40,000 |
|
Total |
276,400.00 |
|
e) |
Date of the transactions |
31 January 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 |
124,500 shares granted under the Company's Long Term Incentive Plan (the "Plan") which are scheduled to vest with respect to one-third of the total number of shares on January 1 of each of 2019, 2020 and 2021, subject to the terms of the Plan and the applicable award agreement issued thereunder. |
c) |
Currency |
USD |
Price |
6.91 |
|
Volume |
124,500 |
|
Total |
860,295.00 |
|
d) |
Aggregated information |
|
Price |
6.91 |
|
Volume |
124,500 |
|
Total |
860,295.00 |
|
e) |
Date of the transactions |
31 January 2018 |
f) |
Place of the transaction |
NYSE |
This information is provided by RNS