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REG - Kosmos Energy Ltd - Director/PDMR Shareholding

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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 vested  No. of shares granted  No. of shares 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 / 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               24,964 restricted share units granted 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

 e)
      Price                                    6.81
      Volume                                   24,964
      Total                                    170,004.84
 f)   Date of the transactions                 8 June 2023
 g)   Place of the transaction                 NYSE
 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               8,000 shares sold on June 9, 2023 to 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

 e)
      Price                                    6.80
      Volume                                   8,000
      Total                                    54,400
 f)   Date of the transactions                 9 June 2023
 g)   Place of the transaction                 NYSE

 1.   Details of PDMR / person closely associated with them ("PCA")
 a)   Name                                     Deanna L. Goodwin
 b)   Position / status                        Director
 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               24,964 restricted share units granted 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

 e)
      Price                                    6.81
      Volume                                   24,964
      Total                                    170,004.84
 f)   Date of the transactions                 8 June 2023
 g)   Place of the transaction                 NYSE
 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               112,000 shares sold on June 9, 2023 on 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

 e)
      Price                                    6.69
      Volume                                   112,000
      Total                                    749,280
 f)   Date of the transactions                 9 June 2023
 g)   Place of the transaction                 NYSE

 1.   Details of PDMR / person closely associated with them ("PCA")
 a)   Name                                     Sir John Douglas Kelso Grant
 b)   Position / status                        Director
 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               24,964 restricted share units granted 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

 e)
      Price                                    6.81
      Volume                                   24,964
      Total                                    170,004.84
 f)   Date of the transactions                 8 June 2023
 g)   Place of the transaction                 NYSE

 1.   Details of PDMR / person closely associated with them ("PCA")
 a)   Name                                     Maria Moraeus Hanssen
 b)   Position / status                        Director
 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               24,964 restricted share units granted 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

 e)
      Price                                    6.81
      Volume                                   24,964
      Total                                    170,004.84
 f)   Date of the transactions                 8 June 2023
 g)   Place of the transaction                 NYSE

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Adebayo O. Ogunlesi
 b)  Position / status                        Director
 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               24,964 restricted share units granted 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 transactions                 8 June 2023
 g)  Place of the transaction                 NYSE

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Steven M. Sterin
 b)  Position / status                        Director
 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               24,964 restricted share units granted 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 transactions                 8 June 2023
 g)  Place of the transaction                 NYSE

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     J. Michael Stice
 b)  Position / status                        Director
 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               24,964 restricted share units granted 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 transactions                 8 June 2023
 g)  Place of the transaction                 NYSE

 

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