Director/PDMR Shareholding

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
[phone]
[e-mail]

Rhys Williams
[phone]
[e-mail]

Media Relations

Thomas Golembeski
[phone]
[e-mail]

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

 

END

 

 

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