|By Marketwired .||
|June 13, 2014 07:14 AM EDT||
JERSEY, CHANNEL ISLANDS -- (Marketwired) -- 06/13/14 -- Randgold Resources (LSE: RRS) (NASDAQ: GOLD)
RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD
VESTING OF DIRECTORS' AWARDS UNDER THE RANDGOLD RESOURCES LIMITED RESTRICTED SHARE SCHEME
London, United Kingdom, 13 June 2014
The Company announces that on 13 June 2014, 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 (US$0.05) in satisfaction of the partial vesting of the first 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 a 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 first one third tranche of the Awards and accordingly the respective ordinary shares have been issued.
Mark Bristow's shareholding in the Company is now 728,929 ordinary shares or 0.79% of the current issued share capital of the Company.
Graham Shuttleworth's shareholding in the Company is now 76,156 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.
Randgold Resources Enquiries:
Chief Executive Financial Director Investor & Media Relations Mark Bristow Graham Shuttleworth Kathy du Plessis +44 788 071 1386 +44 1534 735 333 +44 20 7557 7738 +44 779 775 2288 +44 779 771 1338 Email: [email protected]