Kosmos Energy Limited Director/PDMR Shareholding (8776J)

TIDMKOS

RNS Number : 8776J

Kosmos Energy Limited

05 April 2018

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         No. of    No. of     No. of 
              transaction     shares    shares     shares 
                              vested    granted    sold or 
                                                   withheld 
 Andrew G    2 April 
  Inglis      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

[phone]

[e-mail]

Rhys Williams

[phone]

[e-mail]

Media Relations

Thomas Golembeski

[phone]

[e-mail]

 
 1.    Details of PDMR / person closely associated 
        with them ("PCA") 
----  ---------------------------------------------------------------- 
 a)    Name                    Andrew G Inglis 
----  ----------------------  ---------------------------------------- 
 b)    Position                Chairman and Chief Executive 
        / status                Officer 
----  ----------------------  ---------------------------------------- 
 c)    Initial notification    Initial notification 
        / amendment 
----  ----------------------  ---------------------------------------- 
 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             Common Shares, par value $0.01 
        of the financial        per share 
        instrument 
----  ----------------------  ---------------------------------------- 
 b)    Nature of                    (1) 451,264 shares issued on 
        the transactions             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             2 April 2018 
        transactions 
----  ----------------------  ---------------------------------------- 
 f)    Place of                NYSE 
        the transaction 
----  ----------------------  ---------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 05, 2018 02:00 ET (06:00 GMT)