The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKosmos Energy Regulatory News (KOS)

Share Price Information for Kosmos Energy (KOS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 474.00
Bid: 456.00
Ask: 492.00
Change: -3.00 (-0.63%)
Spread: 36.00 (7.895%)
Open: 477.00
High: 0.00
Low: 0.00
Prev. Close: 477.00
KOS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Pricing of Public Offering of Common Stock

15 Oct 2021 07:00

RNS Number : 1724P
Kosmos Energy Limited
15 October 2021
 

KOSMOS ENERGY ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK

 

DALLAS, Texas, OCTOBER 15, 2021- Kosmos Energy Ltd. ("Kosmos" or the "Company") (NYSE/LSE:KOS) announced today the pricing of its registered underwritten public offering of 37,500,000 shares of common stock (the "Offering") at a price to the public of $3.30. In addition, Kosmos has granted the underwriters a 30-day option to purchase up to an additional 5,625,000 shares of common stock at the public offering price less underwriting discounts. The Offering is expected to close on October 19, 2021, subject to customary closing conditions.

 

Kosmos intends to use the net proceeds from this offering to repay outstanding borrowings under its commercial debt facility, including borrowings incurred to finance a portion of the previously announced acquisition of Anadarko WCTP Company.

 

Barclays, BofA Securities and Jefferies are acting as joint book-running managers in the Offering.

 

The Offering is being made pursuant to an effective shelf registration statement, including a prospectus, filed by Kosmos with the U.S. Securities and Exchange Commission ("SEC") on June 21, 2021. The Offering may only be made by means of a prospectus supplement and an accompanying prospectus. The preliminary prospectus supplement and accompanying prospectus relating to the Offering has been filed, and the final prospectus supplement and accompanying base prospectus relating to the Offering will be filed, with the SEC. You may get these documents free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, we, the underwriters or any dealer participating in the offering will arrange to send you the preliminary prospectus supplement and the accompanying prospectus upon request to: Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, (888) 603-5847, barclaysprospectus@broadridge.com and BofA Securities at NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attention: Prospectus Department or by emailing to dg.prospectus_requests@bofa.com.

 

This press release does not constitute an offer to sell or a solicitation of an offer to buy shares of common stock and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration and qualification under the securities laws of such state or jurisdiction.

 

About Kosmos Energy

 

Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins. Our key assets include production offshore Ghana, Equatorial Guinea and the U.S. Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. We also maintain a sustainable proven basin exploration program in Equatorial Guinea, Ghana and the U.S. Gulf of Mexico. Kosmos is listed on the New York Stock Exchange and London Stock Exchange and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company's Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in the Kosmos Sustainability Report. For additional information, visit www.kosmosenergy.com.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos' estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos. When used in this press release, the words "anticipate," "believe," "intend," "expect," "plan," "will" or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos (including, but not limited to, the impact of the COVID-19 pandemic), which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos' Securities and Exchange Commission ("SEC") filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

 

CONTACTS:

Investor Relations Media Relations

Jamie Buckland Thomas Golembeski

+44 (0) 203 954 2831 +1-214-445-9674

jbuckland@kosmosenergy.com golembeski@kosmosenergy.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ROIEADELFLEFFAA
Date   Source Headline
26th Apr 20247:00 amRNSPublication of Proxy Statement
11th Apr 20247:00 amRNSFirst Quarter 2024 Results Date
6th Mar 20247:00 amRNSPricing of Senior Notes Offering
5th Mar 20247:00 amRNSOffering Of Convertible Senior Notes
26th Feb 20247:00 amRNSFourth Quarter 2023 Results
8th Feb 20247:00 amRNSDirector/PDMR Shareholding
5th Feb 20247:00 amRNSDirector/PDMR Shareholding
18th Jan 20247:00 amRNSFourth Quarter 2023 Results Date
6th Nov 20237:00 amRNS3rd Quarter Results
6th Nov 20237:00 amRNSYakaar-Teranga Update
11th Oct 20237:00 amRNSOil Discovery In the U.S. Gulf of Mexico
6th Oct 20237:00 amRNSThird Quarter Results Date
7th Aug 20237:00 amRNSSecond Quarter Results
18th Jul 20237:00 amRNSRETIREMENT OF A PDMR
14th Jul 20237:00 amRNSStart Up of the Jubilee South East Project
6th Jul 20237:00 amRNSSecond Quarter Earnings Date
13th Jun 20237:00 amRNSDirector/PDMR Shareholding
13th Jun 20237:00 amRNSReport on Payments to Govts
12th Jun 20237:17 amRNSResult of AGM
12th Jun 20237:00 amRNSDirector/PDMR Shareholding
9th May 20237:00 amRNS1st Quarter Results
2nd May 20237:00 amRNSPublication of Proxy Statement
27th Apr 20237:00 amRNSDirector/PDMR Shareholding
26th Apr 20237:00 amRNSNew Appointments To Board of Directors
19th Apr 20237:00 amRNS1st Quarter Results Date
27th Feb 20237:00 amRNSFourth Quarter And Full Year Results
3rd Feb 20237:00 amRNSDirector/PDMR Shareholding
27th Jan 20237:00 amRNSFourth Quarter 2022 Results Date
23rd Jan 20237:15 amRNSGreater Tortue Ahmeyim FPSO Sailaway
15th Nov 20224:41 pmRNSSecond Price Monitoring Extn
15th Nov 20224:36 pmRNSPrice Monitoring Extension
11th Nov 20226:00 pmRNSDirector/PDMR Shareholding
7th Nov 20227:00 amRNS3rd Quarter Results
18th Oct 20227:00 amRNS3rd Quarter Earnings Date
27th Sep 20227:00 amRNSTortue FPSO Update
19th Sep 20227:00 amRNSUpdate on Greater Tortue Ahmeyim FPSO
8th Aug 20227:00 amRNS2nd Quarter Results
21st Jul 20227:00 amRNSSecond Quarter 2022 Results Date
27th Jun 20227:00 amRNSReport on Payments to Govts
14th Jun 20227:00 amRNSDirector/PDMR Shareholding
13th Jun 20227:00 amRNSDirector/PDMR Shareholding
13th Jun 20227:00 amRNSResult of AGM
9th May 20227:00 amRNS1st Quarter Results
29th Apr 20222:10 pmRNSNotice of Annual Stockholders Meeting
26th Apr 20227:00 amRNS1st Quarter Results Date
1st Apr 20227:00 amRNSSuccessful RCF refinancing and RBL redetermination
21st Mar 20227:00 amRNSGhana Pre-emption Update
28th Feb 20227:00 amRNSFourth Quarter and Full Year 2021 Results
8th Feb 20227:00 amRNSNotice of Fourth Quarter 2021 Results
3rd Feb 20227:00 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.