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
04 February 2025
The following Persons Discharging Managerial Responsibilities ("PDMRs") have had changes in their shareholdings of Common Stock in the Company:
| PDMR | Date of transaction | No. of shares vested | No. of shares granted | No. of shares sold or withheld |
| Christopher J. Ball | 31 January 2025 | 354,638 | 99,525 | 0 |
| Josh R. Marion | 31 January 2025 | 51,640 | 52,800 | 0 |
| Josh R. Marion | 3 February 2025 | 0 | 0 | 16,144 |
| Ronald W. Glass | 31 January 2025 | 51,640 | 50,000 | 0 |
| Ronald W. Glass | 3 February 2025 | 0 | 0 | 16,182 |
| Andrew G. Inglis | 31 January 2025 | 691,976 | 270,600 | 0 |
| Andrew G. Inglis | 3 February 2025 | 0 | 0 | 102,701 |
| Neal D. Shah | 31 January 2025 | 389,237 | 148,500 | 0 |
| Neal D. Shah | 3 February 2025 | 0 | 0 | 56,987 |
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
Corporate 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 / 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | (1) 354,638 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2022 under the Company's Long Term Incentive Plan (the "Plan") based on the target level of achievement of the applicable performance condition. (2) 99,525 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan and the applicable award agreement issued thereunder.
|
| Shares Granted or Vested | ||
| c) | Currency | USD |
| Price | 3.18 | |
| Volume | 454,163 | |
| Total | 1,444,238.34 | |
| Shares sold or withheld | ||
| | Currency | USD |
| Price | 0 | |
| Volume | 0 | |
| Total | 0 | |
| d) | Aggregated information | |
| Price | 3.18 | |
| Volume | 454,163 | |
| Total | 1,444,238.34 | |
| e) | Date of the transactions | 31 January 2025 |
| f) | Place of the transaction | NYSE |
| 1. | Details of PDMR / person closely associated with them ("PCA") | |
| a) | Name | Josh R. Marion |
| b) | Position / status | SVP and General Counsel |
| 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | (1) 51,640 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2022 under the Company's Long Term Incentive Plan (the "Plan") based on the target level of achievement of the applicable performance condition. (2) 52,800 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan and the applicable award agreement issued thereunder.
|
| Shares Granted or Vested | ||
| c) | Currency | USD |
| Price | 3.18 | |
| Volume | 104,440 | |
| Total | 332,119.20 | |
| Shares sold or withheld | ||
| | Currency | USD |
| Price | 0 | |
| Volume | 0 | |
| Total | 0 | |
| d) | Aggregated information | |
| Price | 3.18 | |
| Volume | 104,440 | |
| Total | 332,119.20 | |
| e) | Date of the transactions | 31 January 2025 |
| f) | 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | 16,144 shares sold to satisfy the tax withholding requirement arising from the vesting of restricted shares 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 | ||
| | Currency | USD |
| Price | 3.1203 | |
| Volume | 16,144 | |
| Total | 50,374.13 | |
| d) | Aggregated information | |
| Price | 3.1203 | |
| Volume | 16,144 | |
| Total | 50,374.13 | |
| e) | Date of the transactions | 3 February 2025 |
| f) | Place of the transaction | NYSE |
| 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 / 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | (1) 51,640 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2022 under the Company's Long Term Incentive Plan (the "Plan") based on the target level of achievement of the applicable performance condition. (2) 50,000 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan and the applicable award agreement issued thereunder.
|
| Shares Granted or Vested | ||
| c) | Currency | USD |
| Price | 3.18 | |
| Volume | 101,640 | |
| Total | 323,215.20 | |
| Shares sold or withheld | ||
| | Currency | USD |
| Price | 0 | |
| Volume | 0 | |
| Total | 0 | |
| d) | Aggregated information | |
| Price | 3.18 | |
| Volume | 101,640 | |
| Total | 323,215.20 | |
| e) | Date of the transactions | 31 January 2025 |
| f) | 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | 16,182 shares sold to satisfy the tax withholding requirement arising from the vesting of restricted shares 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 | ||
| | Currency | USD |
| Price | 3.1203 | |
| Volume | 16,182 | |
| Total | 50,492.70 | |
| d) | Aggregated information | |
| Price | 3.1203 | |
| Volume | 16,182 | |
| Total | 50,492.70 | |
| e) | Date of the transactions | 3 February 2025 |
| f) | Place of the transaction | NYSE |
| 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | (1) 691,976 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2022 under the Company's Long Term Incentive Plan (the "Plan") based on the target level of achievement of the applicable performance condition. (2) 270,600 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan and the applicable award agreement issued thereunder.
|
| Shares Granted or Vested | ||
| c) | Currency | USD |
| Price | 3.18 | |
| Volume | 962,576 | |
| Total | 3,060,991.68 | |
| Shares sold or withheld | ||
| | Currency | USD |
| Price | 0 | |
| Volume | 0 | |
| Total | 0 | |
| d) | Aggregated information | |
| Price | 3.18 | |
| Volume | 962,576 | |
| Total | 3,060,991.68 | |
| e) | Date of the transactions | 31 January 2025 |
| f) | 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | 102,701 shares sold to satisfy the tax withholding requirement arising from the vesting of restricted shares 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 | ||
| | Currency | USD |
| Price | 3.1203 | |
| Volume | 102,701 | |
| Total | 320,457.93 | |
| d) | Aggregated information | |
| Price | 3.1203 | |
| Volume | 102,701 | |
| Total | 320,457.93 | |
| e) | Date of the transactions | 3 February 2025 |
| f) | Place of the transaction | NYSE |
| 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 / 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | (1) 389,237 shares issued on settlement of restricted share units granted to the reporting person on 31 January 2022 under the Company's Long Term Incentive Plan (the "Plan") based on the target level of achievement of the applicable performance condition. (2) 148,500 restricted share units granted under the Plan which are scheduled to vest with respect to one-third of the total number of shares on January 31 of each of 2026, 2027 and 2028, subject to the terms of the Plan and the applicable award agreement issued thereunder.
|
| Shares Granted or Vested | ||
| c) | Currency | USD |
| Price | 3.18 | |
| Volume | 537,737 | |
| Total | 1,710,003.66 | |
| Shares sold or withheld | ||
| | Currency | USD |
| Price | 0 | |
| Volume | 0 | |
| Total | 0 | |
| d) | Aggregated information | |
| Price | 3.18 | |
| Volume | 537,737 | |
| Total | 1,710,003.66 | |
| e) | Date of the transactions | 31 January 2025 |
| f) | 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 Stock, par value $0.01 per share |
| b) | Nature of the transactions | 56,987 shares sold to satisfy the tax withholding requirement arising from the vesting of restricted shares 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 | ||
| | Currency | USD |
| Price | 3.1203 | |
| Volume | 56,987 | |
| Total | 177,816.54 | |
| d) | Aggregated information | |
| Price | 3.1203 | |
| Volume | 56,987 | |
| Total | 177,816.54 | |
| e) | Date of the transactions | 3 February 2025 |
| f) | Place of the transaction | NYSE |
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