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 |
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.
Assistant Secretary
CONTACT:
Investor Relations
+44 203 954 2831
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 |
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 |
This information is provided by RNS, the news service of the