RNS Number : 5733C
Randgold Resources Ld
16 November 2009
RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD
("Randgold Resources" or the "Company")
RESTRICTED STOCK AWARD AND SALE OF SHARES: D M BRISTOW
London, United Kingdom, 16 November 2009 - Randgold Resources announced on 2 September 2008 that an award of 40 000 restricted shares was granted to Dr D M Bristow. The price of the restricted stock calculation was the Nasdaq Global Select Market closing price on 22 August 2008, being US$44.37.
In terms of the evaluation by the Company's Remuneration Committee, Dr Bristow achieved the agreed performance criteria and accordingly the 40 000 restricted shares have been issued directly to Dr Bristow.
Dr Bristow elected to sell 20 000 shares which were sold on 13 November 2009 at US$79.05.
As a result of the issuance of 40 000 shares and sale of 20 000 shares, the change in Dr Bristow's holding is as follows:
|
Holding prior to
Award
|
Restricted Shares Awarded and Issued
|
Shares sold
|
Holding after
Award and Sale
|
% Shareholding
after Award
|
|
657 584
|
40 000
|
20 000
|
677 584
|
0.75
|
Randgold Resources Enquiries:
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Chief Executive
Dr Mark Bristow
+44 788 071 1386
+44 779 775 2288
|
Financial Director
Graham Shuttleworth
+44 779 614 4438
+44 1534 735 333
|
Investor & Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: randgoldresources@dpapr.com
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|
|
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Website : www.randgoldresources.com
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This information is provided by RNS
The company news service from the London Stock Exchange
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