Director/PDMR Shareholding

RNS Number : 8943K

Kosmos Energy Limited

07 January 2021

 

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

07 January 2021

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	4 January 2021	54,576	0	28,132
Jason E. Doughty	4 January 2021	50,686	0	30,191
Ronald W. Glass	4 January 2021	5,540	0	4,127
Andrew G. Inglis	4 January 2021	143,837	0	75,919
Neal D. Shah	4 January 2021	44,910	0	25,881

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]

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)  54,576 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition. (2)  28,132 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.
Shares vested
c)	Currency	USD
	Price	2.36
	Volume	54,576
	Total	128,799.36
Shares sold or withheld
	Currency	USD
	Price	2.36
	Volume	28,132
	Total	66,391.52
d)	Aggregated information
	Price	2.36
	Volume	26,444
	Total	62,407.84
e)	Date of the transactions	4 January 2021
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)  50,686 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition. (2)  30,191 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.
Shares Vested
c)	Currency	USD
	Price	2.36
	Volume	50,686
	Total	119,618.96
Shares sold or withheld
	Currency	USD
	Price	2.36
	Volume	30,191
	Total	71,250.76
d)	Aggregated information
	Price	2.36
	Volume	20,495
	Total	48,368.20
e)	Date of the transactions	4 January 2021
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)  5,540 shares issued on settlement of restricted share units granted to the reporting person on 22 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition. (2)  4,127 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.
Shares vested
c)	Currency	USD
	Price	2.36
	Volume	5,540
	Total	13,074.40
Shares sold or withheld
	Currency	USD
	Price	2.36
	Volume	4,127
	Total	9,739.72
d)	Aggregated information
	Price	2.36
	Volume	1,413
	Total	3,334.68
e)	Date of the transactions	4 January 2021
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)  143,837 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition. (2)  75,919 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.
Shares vested
c)	Currency	USD
	Price	2.36
	Volume	143,837
	Total	339,455.32
Shares sold or withheld
	Currency	USD
	Price	2.36
	Volume	75,919
	Total	179,168.84
d)	Aggregated information
	Price	2.36
	Volume	67,918
	Total	160,286.48
e)	Date of the transactions	4 January 2021
f)	Place of the transaction	NYSE

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Neal D. Shah
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)  44,910 shares issued on settlement of restricted share units granted to the reporting person on 22 January 2018 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition. (2)  25,881 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.
Shares vested
c)	Currency	USD
	Price	2.36
	Volume	44,910
	Total	105,987.60
Shares sold or withheld
	Currency	USD
	Price	2.36
	Volume	25,881
	Total	61,079.16
d)	Aggregated information
	Price	2.36
	Volume	19,029
	Total	44,908.44
e)	Date of the transactions	4 January 2021
f)	Place of the transaction	NYSE

 

END

 

 

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