Randgold Resources Limited: Vesting of director's awards
31.01.2014 | Marketwired
JERSEY, CHANNEL ISLANDS--(Marketwired - Jan 31, 2014) - Randgold Resources Ltd. (
Randgold Resources Ltd.
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD
(the Company)
VESTING OF DIRECTORS' AWARDS UNDER THE Randgold Resources Ltd.
CO-INVESTMENT PLAN
London, United Kingdom, 31 January 2014 - The Company announces that
on 31 January 2014, 38,456 ordinary shares in the Company (Shares) were
issued and allotted by the Company to Dr. Mark Bristow, a director of
the Company, and 8,121 Shares were issued and allotted by the Company
to Graham Shuttleworth, a director of the Company, at their nominal
value (USD0.05) in satisfaction of the vesting of the awards granted on
the 13 June 2011 under the Randgold Resources Ltd. Co-Investment
Plan (the Awards).
The Awards are subject to a performance condition which measures the
Company's Total Shareholder Return performance against the Euromoney
Global Gold Index. This performance condition has been met in respect
of each of the Awards. Accordingly, the Awards have vested in full.
Dr. Mark Bristow's shareholding in the Company is now 754,963 Shares or
0.816% of the current issued share capital of the Company.
Graham Shuttleworth's shareholding in the Company is now 70,511 Shares
or 0.076% of the current issued share capital of the Company.
The Randgold Resources Ltd. Co-investment Plan, which has been
approved by shareholders, is designed to reward sustained total
shareholder return performance relative to global peers over a three
year period and align the interests of the executives with the
interests of shareholders.
Randgold Resources Enquiries:
Chief Executive Financial Director Investor & Media Relations
Dr Mark Bristow Graham Shuttleworth Kathy du Plessis
+44 788 071 1386 +44 779 7711338 +44 20 7557 7738
+44 779 775 2288 +44 1534 735 333 Email: randgold@dpapr.com
Website: www.randgoldresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
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