Last checked at 5 Apr 2018 07:00
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
5 April 2018
The following Person Discharging Managerial Responsibilities ("PDMR") has had changes in his 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 | |
Andrew G Inglis | 2 April 2018 | 451,264 | 0 | 186,452 |
The Notification of Dealing Form for the 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 Stephens
Assistant Secretary
CONTACT:
Investor Relations
Jamie Buckland+44 203 954 2831jbuckland@kosmosenergy.comRhys Williams+1-214-445-9693rwilliams@kosmosenergy.com
Media Relations
Thomas Golembeski+1-214-445-9674tgolembeski@kosmosenergy.com
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) 451,264 shares issued on settlement of restricted share units granted to the reporting person on 1 April 2014 under the Company's Long Term Incentive Plan that vested based on the level of achievement of the applicable performance condition. (2) 186,452 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. |
(1) Shares vested | ||
c) | Currency | USD |
Price | 5.95 | |
Volume | 451,264 | |
Total | 2,685,020.80 | |
(2) Shares sold or withheld | ||
Currency | USD | |
Price | 5.95 | |
Volume | 186,452 | |
Total | 1,109,389.40 | |
d) | Aggregated information | |
Price | 5.95 | |
Volume | 264,812 | |
Total | 1,575,631.40 | |
e) | Date of the transactions | 2 April 2018 |
f) | Place of the transaction | NYSE |