TIDMKOS

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   No. of shares   No. of shares 
                                             vested          granted         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

+44 203 954 2831

jbuckland@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      Initial notification 
        / amendment 
      ------------------------  -------------------------------------------- 
 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               Common Shares, par value $0.01 per share 
        of the financial 
        instrument 
      ------------------------  -------------------------------------------- 
 b)    Nature of the             (1) 54,576 shares issued on settlement 
        transactions              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               4 January 2021 
        transactions 
      ------------------------  -------------------------------------------- 
 f)    Place of the              NYSE 
        transaction 
      ------------------------  -------------------------------------------- 
 
 
 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      Initial notification 
        / amendment 
      ------------------------  -------------------------------------------- 
 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               Common Shares, par value $0.01 per share 
        of the financial 
        instrument 
      ------------------------  -------------------------------------------- 
 b)    Nature of the             (1) 50,686 shares issued on settlement 
        transactions              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               4 January 2021 
        transactions 
      ------------------------  -------------------------------------------- 
 f)    Place of the              NYSE 
        transaction 
      ------------------------  -------------------------------------------- 
 
 
 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      Initial notification 
        / amendment 
      ------------------------  -------------------------------------------- 
 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               Common Shares, par value $0.01 per share 
        of the financial 
        instrument 
      ------------------------  -------------------------------------------- 
 b)    Nature of the             (1) 5,540 shares issued on settlement 
        transactions              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               4 January 2021 
        transactions 
      ------------------------  -------------------------------------------- 
 f)    Place of the              NYSE 
        transaction 
      ------------------------  -------------------------------------------- 
 
 
 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      Initial notification 
        / amendment 
      ------------------------  -------------------------------------------- 
 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               Common Shares, par value $0.01 per share 
        of the financial 
        instrument 
      ------------------------  -------------------------------------------- 
 b)    Nature of the             (1) 143,837 shares issued on settlement 
        transactions              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               4 January 2021 
        transactions 
      ------------------------  -------------------------------------------- 
 f)    Place of the              NYSE 
        transaction 
      ------------------------  -------------------------------------------- 
 
 
 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      Initial notification 
        / amendment 
      ------------------------  -------------------------------------------- 
 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               Common Shares, par value $0.01 per share 
        of the financial 
        instrument 
      ------------------------  -------------------------------------------- 
 b)    Nature of the             (1) 44,910 shares issued on settlement 
        transactions              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               4 January 2021 
        transactions 
      ------------------------  -------------------------------------------- 
 f)    Place of the              NYSE 
        transaction 
      ------------------------  -------------------------------------------- 
 

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