Randgold Resources Ltd.

Published : June 15th, 2015

Randgold Resources Limited: Vesting of Directors' Awards

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Keywords :   Gold | Growth | Jersey |

Randgold Resources Limited: Vesting of Directors' Awards

JERSEY, CHANNEL ISLANDS--(Marketwired - Jun 15, 2015) - RANDGOLD RESOURCES LIMITED (LSE: RRS) (NASDAQ: GOLD)

RANDGOLD RESOURCES LIMITED
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 LIMITED RESTRICTED SHARE SCHEME

Jersey, Channel Islands, 15 June 2015

The Company announces that on 15 June 2015, 3 205 ordinary shares in the Company were issued and allotted by the Company to Mark Bristow, a director of the Company, and 677 ordinary shares in the Company were issued and allotted by the Company to Graham Shuttleworth, a director of the Company, at their nominal value ($0.05) in satisfaction of the partial vesting of the second one-third tranche of the awards granted on the 13 June 2011 under the Randgold Resources Limited Restricted Share Scheme (the "Awards") in respect of 38 456 ordinary shares and 8 121 ordinary shares, respectively. 

The Awards are subject to performance conditions which measure earnings per share growth, absolute total shareholder return, additional reserve growth and absolute reserve growth. 

The performance conditions have been met in part in respect of the second one-third tranche of the Awards and accordingly the respective ordinary shares have been issued.

Mark Bristow's shareholding in the Company is now 733 991 ordinary shares or 0.79% of the current issued share capital of the Company.

Graham Shuttleworth's shareholding in the Company is now 78 651 ordinary shares or 0.08% of the current issued share capital of the Company.

The Randgold Resources Limited Restricted Share Scheme, which has been approved by shareholders, is designed to reward sustainable long term performance subject to the achievement of stretching operational and financial performance targets.

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Jersey | All
Gold and Silver Prices for these countries : Jersey | All

Randgold Resources Ltd.

PRODUCER
CODE : GOLD
ISIN : US7523443098
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Randgold Res. is a gold producing company based in United kingdom.

Randgold Res. holds various exploration projects in Tanzania.

Its main assets in production are MORILA, LOULO and TONGON in Mali and OBUASI in Ghana, its main assets in development are KIBALI (KILO-MOTO) in Congo Dem. Rep. of, MASSAWA in Senegal and GOUNKOTO in Ghana and its main exploration property is MIYABI in Tanzania.

Randgold Res. is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is US$ 1.6 billions as of today (€ 1.4 billions).

Its stock quote reached its lowest recent point on November 07, 2003 at US$ 10.03, and its highest recent level on January 04, 2013 at US$ 99.88.

Randgold Res. has 93 804 000 shares outstanding.

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