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REG - Kosmos Energy Ltd - Director/PDMR Shareholding

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RNS Number : 7013R  Kosmos Energy Limited  10 June 2024

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

10 June 2024

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               5 June 2024          0                     0                      194
 Roy A. Franklin               6 June 2024          0                     30,196                 0
 Deanna L. Goodwin             6 June 2024          0                     30,196                 0
 Sir John Douglas Kelso Grant  5 June 2024          0                     0                      279
 Sir John Douglas Kelso Grant  6 June 2024          0                     30,196                 0
 Maria Moraeus Hanssen         6 June 2024          0                     36,857                 0
 Adebayo O. Ogunlesi           6 June 2024          0                     43,518                 0
 Steven M. Sterin              6 June 2024          0                     30,196                 0
 J. Michael Stice              6 June 2024          0                     30,196                 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               194 shares withheld by the Issuer to satisfy the tax withholding requirement
                                               arising from the vesting of restricted share units granted to the reporting
                                               person under the Issuer's Long Term Incentive Plan (the "Plan").
 Shares granted or vested
 c)   Currency                                 USD
      Price                                    0
      Volume                                   0
      Total                                    0
 Shares sold or withheld
 d)   Currency                                 USD
      Price                                    5.57
      Volume                                   194
      Total                                    1,080.58
      Aggregated information

 e)
      Price                                    5.57
      Volume                                   194
      Total                                    1,080.58
 f)   Date of the transactions                 5 June 2024
 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               30,196 restricted share units granted to the reporting person on June 6, 2024
                                               under the Plan and are scheduled to vest 100% on the earlier of June 6, 2025
                                               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                                    5.63
      Volume                                   30,196
      Total                                    170,003.48
 Shares sold or withheld
 d)   Currency                                 USD
      Price                                    0
      Volume                                   0
      Total                                    0
      Aggregated information

 e)
      Price                                    5.63
      Volume                                   30,196
      Total                                    170,003.48
 f)   Date of the transactions                 6 June 2024
 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               30,196 restricted share units granted to the reporting person on June 6, 2024
                                               under the Issuer's Long Term Incentive Plan (the "Plan") and are scheduled to
                                               vest 100% on the earlier of June 6, 2025 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                                    5.63
      Volume                                   30,196
      Total                                    170,003.48
 Shares sold or withheld
 d)   Currency                                 USD
      Price                                    0
      Volume                                   0
      Total                                    0
      Aggregated information

 e)
      Price                                    5.63
      Volume                                   30,196
      Total                                    170,003.48
 f)   Date of the transactions                 6 June 2024
 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               279 shares withheld by the Issuer to satisfy the tax withholding requirement
                                               arising from the vesting of restricted share units granted to the reporting
                                               person under the Issuer's Long Term Incentive Plan (the "Plan").
 Shares granted or vested
 c)   Currency                                 USD
      Price                                    0
      Volume                                   0
      Total                                    0
 Shares sold or withheld
 d)   Currency                                 USD
      Price                                    5.57
      Volume                                   279
      Total                                    1,554.03
      Aggregated information

 e)
      Price                                    5.57
      Volume                                   279
      Total                                    1,554.03
 f)   Date of the transactions                 5 June 2024
 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               30,196 restricted share units granted to the reporting person on June 6, 2024
                                               under the Plan and are scheduled to vest 100% on the earlier of June 6, 2025
                                               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                                    5.63
      Volume                                   30,196
      Total                                    170,003.48
 Shares sold or withheld
 d)   Currency                                 USD
      Price                                    0
      Volume                                   0
      Total                                    0
      Aggregated information

 e)
      Price                                    5.63
      Volume                                   30,196
      Total                                    170,003.48
 f)   Date of the transactions                 6 June 2024
 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               30,196 restricted share units granted to the reporting person on June 6, 2024
                                               under the Issuer's Long Term Incentive Plan (the "Plan") and are scheduled to
                                               vest 100% on the earlier of June 6, 2025 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.

                                               6,661 shares issued to the reporting person on June 6, 2024 under the Plan
                                               in lieu of half of the aggregate amount of the Annual Cash Retainer payable
                                               for service on the Board of Directors during 2024.  These shares are
                                               fully-vested and unrestricted, subject to the terms of the Plan and the
                                               applicable award agreement issued thereunder.

 Shares granted or vested
 c)   Currency                                 USD
      Price                                    5.63
      Volume                                   36,857
      Total                                    207,504.91
 Shares sold or withheld
 d)   Currency                                 USD
      Price                                    0
      Volume                                   0
      Total                                    0
      Aggregated information

 e)
      Price                                    5.63
      Volume                                   36,857
      Total                                    207,504.91
 f)   Date of the transactions                 6 June 2024
 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               30,196 restricted share units granted to the reporting person on June 6, 2024
                                              under the Issuer's Long Term Incentive Plan (the "Plan") and are scheduled to
                                              vest 100% on the earlier of June 6, 2025 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.

                                              13,322 shares issued to the reporting person on June 6, 2024 under the Plan
                                              in lieu of the aggregate amount of the Annual Cash Retainer payable for
                                              service on the Board of Directors during 2024.  These shares are fully-vested
                                              and unrestricted, subject to the terms of the Plan and the applicable award
                                              agreement issued thereunder.

 Shares granted or vested
 c)  Currency                                 USD
     Price                                    5.63
     Volume                                   43,518
     Total                                    245,006.34
 Shares sold or withheld
 d)  Currency                                 USD
     Price                                    0
     Volume                                   0
     Total                                    0
 e)  Aggregated information
     Price                                    5.63
     Volume                                   43,518
     Total                                    245,006.34
 f)  Date of the transactions                 6 June 2024
 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               30,196 restricted share units granted to the reporting person on June 6, 2024
                                              under the Issuer's Long Term Incentive Plan (the "Plan") and are scheduled to
                                              vest 100% on the earlier of June 6, 2025 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                                    5.63
     Volume                                   30,196
     Total                                    170,003.48
 Shares sold or withheld
 d)  Currency                                 USD
     Price                                    0
     Volume                                   0
     Total                                    0
 e)  Aggregated information
     Price                                    5.63
     Volume                                   30,196
     Total                                    170,003.48
 f)  Date of the transactions                 6 June 2024
 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               30,196 restricted share units granted to the reporting person on June 6, 2024
                                              under the Issuer's Long Term Incentive Plan (the "Plan") and are scheduled to
                                              vest 100% on the earlier of June 6, 2025 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                                    5.63
     Volume                                   30,196
     Total                                    170,003.48
 Shares sold or withheld
 d)  Currency                                 USD
     Price                                    0
     Volume                                   0
     Total                                    0
 e)  Aggregated information
     Price                                    5.63
     Volume                                   30,196
     Total                                    170,003.48
 f)  Date of the transactions                 6 June 2024
 g)  Place of the transaction                 NYSE

 

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