24th Aug 2010 08:20
RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD
RESTRICTED STOCK AWARD AND SALE OF SHARES: G P SHUTTLEWORTH
London, United Kingdom, 24 August 2010 - Randgold Resources Limited previously announced an award of
36 000 restricted shares were granted to Mr G P Shuttleworth in accordance with the terms of his contract of employment effective 1 July 2007. The price of the restricted stock calculation for Mr Shuttleworth was the Nasdaq Global Select Market closing price on 29 June 2007, being US$22.19. As Mr Shuttleworth met the performance criteria, the final tranche of restricted shares, being 12,000 shares, vested on 1 July 2010 and the shares have been issued.
Mr Shuttleworth elected to sell 8 000 shares which were sold on 20 August 2010 at US$91.33.
As a result of the issuance of 12 000 shares and sale of 8 000 shares, the change in Mr Shuttleworth's holding is as follows:
|
Holding prior to Award |
Restricted Shares Awarded and Issued |
Shares sold |
Holding after Award and Sale |
% Shareholding after Award |
|
24 000 |
12 000 |
8 000 |
28 000 |
0.03 |
Randgold Resources Enquiries:
|
Mark Bristow Chief Executive+44 788 071 1386 +44 779 775 2288 |
Graham Shuttleworth Financial Director+44 1534 735 333+44 779 614 4438 |
Kathy du Plessis Investor & Media Relations+44 20 7557 7738[email protected] |
Website : www.randgoldresources.com
Related Shares:
Randgold Resources