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 | |
|
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 |
| 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 | |
|
e) | Aggregated information | |
| 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 | |
|
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 |
| 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 | |
|
e) | Aggregated information | |
| 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 | |
|
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 | 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 | |
|
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 | 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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