TIDMKOS

RNS Number : 4710C

Kosmos Energy Limited

13 June 2023

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

13 June 2023

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            No. of shares 
                                             vested          shares granted    sold or withheld 
 Roy A. Franklin     8 June 2023            0               24,964            0 
                    ---------------------  --------------  ----------------  ------------------ 
 Roy A. Franklin     9 June 2023            0               0                 8,000 
                    ---------------------  --------------  ----------------  ------------------ 
 Deanna L. 
  Goodwin            8 June 2023            0               24,964            0 
                    ---------------------  --------------  ----------------  ------------------ 
 Deanna L. 
  Goodwin            9 June 2023            0               0                 112,000 
                    ---------------------  --------------  ----------------  ------------------ 
 Sir John Douglas 
  Kelso Grant        8 June 2023            0               24,964            0 
                    ---------------------  --------------  ----------------  ------------------ 
 Maria Moraeus 
  Hanssen            8 June 2023            0               24,964            0 
                    ---------------------  --------------  ----------------  ------------------ 
 Adebayo O. 
  Ogunlesi           8 June 2023            0               24,964            0 
                    ---------------------  --------------  ----------------  ------------------ 
 Steven M. 
  Sterin             8 June 2023            0               24,964            0 
                    ---------------------  --------------  ----------------  ------------------ 
 J. Michael 
  Stice              8 June 2023            0               24,964            0 
                    ---------------------  --------------  ----------------  ------------------ 
 

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.

Josh R. Marion

Vice President and 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                      Roy A. Franklin 
      ------------------------  ----------------------------------------------- 
 b)    Position / status         Director 
      ------------------------  ----------------------------------------------- 
 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             24,964 restricted share units granted 
        transactions              to the reporting person on June 8, 2023 
                                  under the Issuer's Long Term Incentive 
                                  Plan (the "Plan") and are scheduled to 
                                  vest 100% on the earlier of June 8, 2024 
                                  or the day immediately preceding the 
                                  date of the Issuer's first annual shareholder 
                                  meeting following the date of grant, 
                                  subject to the terms of the Plan and 
                                  the applicable award agreement issued 
                                  thereunder. 
      ------------------------  ----------------------------------------------- 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          6.81 
 -----------------------------  ----------------------------------------------- 
  Volume                         24,964 
 -----------------------------  ----------------------------------------------- 
  Total                          170,004.84 
 -----------------------------  ----------------------------------------------- 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          0 
 -----------------------------  ----------------------------------------------- 
  Volume                         0 
 -----------------------------  ----------------------------------------------- 
  Total                          0 
 -----------------------------  ----------------------------------------------- 
       Aggregated information 
      ------------------------  ----------------------------------------------- 
  Price                          6.81 
 -----------------------------  ----------------------------------------------- 
  Volume                         24,964 
 -----------------------------  ----------------------------------------------- 
 e)    Total                     170,004.84 
      ------------------------  ----------------------------------------------- 
 f)    Date of the               8 June 2023 
        transactions 
      ------------------------  ----------------------------------------------- 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ----------------------------------------------- 
 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             8,000 shares sold on June 9, 2023 to 
        transactions              partially cover income tax liability 
                                  from the vesting of restricted share 
                                  units granted to the reporting person 
                                  under the Plan. 
      ------------------------  ----------------------------------------------- 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          0 
 -----------------------------  ----------------------------------------------- 
  Volume                         0 
 -----------------------------  ----------------------------------------------- 
  Total                          0 
 -----------------------------  ----------------------------------------------- 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          6.80 
 -----------------------------  ----------------------------------------------- 
  Volume                         8,000 
 -----------------------------  ----------------------------------------------- 
  Total                          54,400 
 -----------------------------  ----------------------------------------------- 
       Aggregated information 
      ------------------------  ----------------------------------------------- 
  Price                          6.80 
 -----------------------------  ----------------------------------------------- 
  Volume                         8,000 
 -----------------------------  ----------------------------------------------- 
 e)    Total                     54,400 
      ------------------------  ----------------------------------------------- 
 f)    Date of the               9 June 2023 
        transactions 
      ------------------------  ----------------------------------------------- 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ----------------------------------------------- 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
      ------------------------------------------------------------------------- 
 a)    Name                      Deanna L. Goodwin 
      ------------------------  ----------------------------------------------- 
 b)    Position / status         Director 
      ------------------------  ----------------------------------------------- 
 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             24,964 restricted share units granted 
        transactions              to the reporting person on June 8, 2023 
                                  under the Plan and are scheduled to vest 
                                  100% on the earlier of June 8, 2024 or 
                                  the day immediately preceding the date 
                                  of the Issuer's first annual shareholder 
                                  meeting following the date of grant, 
                                  subject to the terms of the Plan and 
                                  the applicable award agreement issued 
                                  thereunder. 
      ------------------------  ----------------------------------------------- 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          6.81 
 -----------------------------  ----------------------------------------------- 
  Volume                         24,964 
 -----------------------------  ----------------------------------------------- 
  Total                          170,004.84 
 -----------------------------  ----------------------------------------------- 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          0 
 -----------------------------  ----------------------------------------------- 
  Volume                         0 
 -----------------------------  ----------------------------------------------- 
  Total                          0 
 -----------------------------  ----------------------------------------------- 
       Aggregated information 
      ------------------------  ----------------------------------------------- 
  Price                          6.81 
 -----------------------------  ----------------------------------------------- 
  Volume                         24,964 
 -----------------------------  ----------------------------------------------- 
 e)    Total                     170,004.84 
      ------------------------  ----------------------------------------------- 
 f)    Date of the               8 June 2023 
        transactions 
      ------------------------  ----------------------------------------------- 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ----------------------------------------------- 
 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             112,000 shares sold on June 9, 2023 on 
        transactions              the open market. The transaction was 
                                  executed in multiple trades at prices 
                                  ranging from USD 6.65 to USD 6.73. The 
                                  price below of USD 6.69 reflects the 
                                  weighted average purchase price. 
      ------------------------  ----------------------------------------------- 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          0 
 -----------------------------  ----------------------------------------------- 
  Volume                         0 
 -----------------------------  ----------------------------------------------- 
  Total                          0 
 -----------------------------  ----------------------------------------------- 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          6.69 
 -----------------------------  ----------------------------------------------- 
  Volume                         112,000 
 -----------------------------  ----------------------------------------------- 
  Total                          749,280 
 -----------------------------  ----------------------------------------------- 
       Aggregated information 
      ------------------------  ----------------------------------------------- 
  Price                          6.69 
 -----------------------------  ----------------------------------------------- 
  Volume                         112,000 
 -----------------------------  ----------------------------------------------- 
 e)    Total                     749,280 
      ------------------------  ----------------------------------------------- 
 f)    Date of the               9 June 2023 
        transactions 
      ------------------------  ----------------------------------------------- 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ----------------------------------------------- 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
      ------------------------------------------------------------------------- 
 a)    Name                      Sir John Douglas Kelso Grant 
      ------------------------  ----------------------------------------------- 
 b)    Position / status         Director 
      ------------------------  ----------------------------------------------- 
 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             24,964 restricted share units granted 
        transactions              to the reporting person on June 8, 2023 
                                  under the Plan and are scheduled to vest 
                                  100% on the earlier of June 8, 2024 or 
                                  the day immediately preceding the date 
                                  of the Issuer's first annual shareholder 
                                  meeting following the date of grant, 
                                  subject to the terms of the Plan and 
                                  the applicable award agreement issued 
                                  thereunder. 
      ------------------------  ----------------------------------------------- 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          6.81 
 -----------------------------  ----------------------------------------------- 
  Volume                         24,964 
 -----------------------------  ----------------------------------------------- 
  Total                          170,004.84 
 -----------------------------  ----------------------------------------------- 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          0 
 -----------------------------  ----------------------------------------------- 
  Volume                         0 
 -----------------------------  ----------------------------------------------- 
  Total                          0 
 -----------------------------  ----------------------------------------------- 
       Aggregated information 
      ------------------------  ----------------------------------------------- 
  Price                          6.81 
 -----------------------------  ----------------------------------------------- 
  Volume                         24,964 
 -----------------------------  ----------------------------------------------- 
 e)    Total                     170,004.84 
      ------------------------  ----------------------------------------------- 
 f)    Date of the               8 June 2023 
        transactions 
      ------------------------  ----------------------------------------------- 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ----------------------------------------------- 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
      ------------------------------------------------------------------------- 
 a)    Name                      Maria Moraeus Hanssen 
      ------------------------  ----------------------------------------------- 
 b)    Position / status         Director 
      ------------------------  ----------------------------------------------- 
 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             24,964 restricted share units granted 
        transactions              to the reporting person on June 8, 2023 
                                  under the Plan and are scheduled to vest 
                                  100% on the earlier of June 8, 2024 or 
                                  the day immediately preceding the date 
                                  of the Issuer's first annual shareholder 
                                  meeting following the date of grant, 
                                  subject to the terms of the Plan and 
                                  the applicable award agreement issued 
                                  thereunder. 
      ------------------------  ----------------------------------------------- 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          6.81 
 -----------------------------  ----------------------------------------------- 
  Volume                         24,964 
 -----------------------------  ----------------------------------------------- 
  Total                          170,004.84 
 -----------------------------  ----------------------------------------------- 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ----------------------------------------------- 
  Price                          0 
 -----------------------------  ----------------------------------------------- 
  Volume                         0 
 -----------------------------  ----------------------------------------------- 
  Total                          0 
 -----------------------------  ----------------------------------------------- 
       Aggregated information 
      ------------------------  ----------------------------------------------- 
  Price                          6.81 
 -----------------------------  ----------------------------------------------- 
  Volume                         24,964 
 -----------------------------  ----------------------------------------------- 
 e)    Total                     170,004.84 
      ------------------------  ----------------------------------------------- 
 f)    Date of the               8 June 2023 
        transactions 
      ------------------------  ----------------------------------------------- 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ----------------------------------------------- 
 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
 a)    Name                      Adebayo O. Ogunlesi 
      ------------------------  ------------------------------------------ 
 b)    Position / status         Director 
      ------------------------  ------------------------------------------ 
 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             24,964 restricted share units granted 
        transactions              to the reporting person on June 8, 2023 
                                  under the Plan and are scheduled to vest 
                                  100% on the earlier of June 8, 2024 or 
                                  the day immediately preceding the date 
                                  of the Issuer's first annual shareholder 
                                  meeting following the date of grant, 
                                  subject to the terms of the Plan and 
                                  the applicable award agreement issued 
                                  thereunder. 
      ------------------------  ------------------------------------------ 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ------------------------------------------ 
  Price                          6.81 
 -----------------------------  ------------------------------------------ 
  Volume                         24,964 
 -----------------------------  ------------------------------------------ 
  Total                          170,004.84 
 -----------------------------  ------------------------------------------ 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ------------------------------------------ 
  Price                          0 
 -----------------------------  ------------------------------------------ 
  Volume                         0 
 -----------------------------  ------------------------------------------ 
  Total                          0 
 -----------------------------  ------------------------------------------ 
 e)    Aggregated information 
      ------------------------  ------------------------------------------ 
  Price                          6.81 
 -----------------------------  ------------------------------------------ 
  Volume                         24,964 
 -----------------------------  ------------------------------------------ 
  Total                          170,004.84 
 -----------------------------  ------------------------------------------ 
 f)    Date of the               8 June 2023 
        transactions 
      ------------------------  ------------------------------------------ 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ------------------------------------------ 
 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
 a)    Name                      Steven M. Sterin 
      ------------------------  ------------------------------------------ 
 b)    Position / status         Director 
      ------------------------  ------------------------------------------ 
 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             24,964 restricted share units granted 
        transactions              to the reporting person on June 8, 2023 
                                  under the Plan and are scheduled to vest 
                                  100% on the earlier of June 8, 2024 or 
                                  the day immediately preceding the date 
                                  of the Issuer's first annual shareholder 
                                  meeting following the date of grant, 
                                  subject to the terms of the Plan and 
                                  the applicable award agreement issued 
                                  thereunder. 
      ------------------------  ------------------------------------------ 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ------------------------------------------ 
  Price                          6.81 
 -----------------------------  ------------------------------------------ 
  Volume                         24,964 
 -----------------------------  ------------------------------------------ 
  Total                          170,004.84 
 -----------------------------  ------------------------------------------ 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ------------------------------------------ 
  Price                          0 
 -----------------------------  ------------------------------------------ 
  Volume                         0 
 -----------------------------  ------------------------------------------ 
  Total                          0 
 -----------------------------  ------------------------------------------ 
 e)    Aggregated information 
      ------------------------  ------------------------------------------ 
  Price                          6.81 
 -----------------------------  ------------------------------------------ 
  Volume                         24,964 
 -----------------------------  ------------------------------------------ 
  Total                          170,004.84 
 -----------------------------  ------------------------------------------ 
 f)    Date of the               8 June 2023 
        transactions 
      ------------------------  ------------------------------------------ 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ------------------------------------------ 
 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
 a)    Name                      J. Michael Stice 
      ------------------------  ------------------------------------------ 
 b)    Position / status         Director 
      ------------------------  ------------------------------------------ 
 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             24,964 restricted share units granted 
        transactions              to the reporting person on June 8, 2023 
                                  under the Plan and are scheduled to vest 
                                  100% on the earlier of June 8, 2024 or 
                                  the day immediately preceding the date 
                                  of the Issuer's first annual shareholder 
                                  meeting following the date of grant, 
                                  subject to the terms of the Plan and 
                                  the applicable award agreement issued 
                                  thereunder. 
      ------------------------  ------------------------------------------ 
 Shares granted or vested 
 c)    Currency                  USD 
      ------------------------  ------------------------------------------ 
  Price                          6.81 
 -----------------------------  ------------------------------------------ 
  Volume                         24,964 
 -----------------------------  ------------------------------------------ 
  Total                          170,004.84 
 -----------------------------  ------------------------------------------ 
 Shares sold or withheld 
 d)    Currency                  USD 
      ------------------------  ------------------------------------------ 
  Price                          0 
 -----------------------------  ------------------------------------------ 
  Volume                         0 
 -----------------------------  ------------------------------------------ 
  Total                          0 
 -----------------------------  ------------------------------------------ 
 e)    Aggregated information 
      ------------------------  ------------------------------------------ 
  Price                          6.81 
 -----------------------------  ------------------------------------------ 
  Volume                         24,964 
 -----------------------------  ------------------------------------------ 
  Total                          170,004.84 
 -----------------------------  ------------------------------------------ 
 f)    Date of the               8 June 2023 
        transactions 
      ------------------------  ------------------------------------------ 
 g)    Place of the              NYSE 
        transaction 
      ------------------------  ------------------------------------------ 
 

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