Director/PDMR Shareholding

RNS Number : 3003M
Kosmos Energy Limited
07 January 2019
 

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

7 January 2019

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

2 January 2019

0

0

26,894

Thomas P. Chambers

2 January 2019

131,699

0

82,163

Jason E. Doughty

2 January 2019

0

0

23,827

Eric J. Haas

2 January 2019

0

0

14,234

Andrew G. Inglis

2 January 2019

0

0

50,555

Brian F. Maxted

2 January 2019

0

0

36,781

Paul M. Nobel

2 January 2019

0

0

17,380

 

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

26,894 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

26,894

Total

110,803.28

d)

Aggregated information 


Price

4.12

Volume

26,894

Total

110,803.28

e)

Date of the transactions

2 January 2019

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)   131,699 shares issued on settlement of restricted share units granted to the reporting person on 1 December 2014 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition.

(2)   82,163 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

4.12

Volume

131,699

Total

542,599.88

(2)   Shares sold or withheld


Currency

USD

Price

4.12

Volume

82,163

Total

338,511.56

d)

Aggregated information 


Price

4.12

Volume

49,536

Total

204,088.32

e)

Date of the transactions

2 January 2019

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

23,827 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

N/A

Volume

N/A

Total

N/A

(4)   Shares sold or withheld


Currency

USD

Price

4.12

Volume

23,827

Total

98,167.24

d)

Aggregated information 


Price

4.12

Volume

23,827

Total

98,167.24

e)

Date of the transactions

2 January 2019

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

14,234 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

N/A

Volume

N/A

Total

N/A

(6)   Shares sold or withheld


Currency

USD

Price

4.12

Volume

14,234

Total

58,644.08

d)

Aggregated information 


Price

4.12

Volume

14,234

Total

58,644.08

e)

Date of the transactions

2 January 2019

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

50,555 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

N/A

Volume

N/A

Total

N/A

(8)   Shares sold or withheld


Currency

USD

Price

4.12

Volume

50,555

Total

208,286.60

d)

Aggregated information 


Price

4.12

Volume

50,555

Total

208,286.60

e)

Date of the transactions

2 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

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

36,781 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

N/A

Volume

N/A

Total

N/A

(10) Shares sold or withheld


Currency

USD

Price

4.12

Volume

36,781

Total

151,537.72

d)

Aggregated information 


Price

4.12

Volume

36,781

Total

151,537.72

e)

Date of the transactions

2 January 2019

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

17,380 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

N/A

Volume

N/A

Total

N/A

(12) Shares sold or withheld


Currency

USD

Price

4.12

Volume

17,380

Total

71,605.60

d)

Aggregated information 


Price

4.12

Volume

17,380

Total

71,605.60

e)

Date of the transactions

2 January 2019

f)

Place of the transaction

NYSE

 

 


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