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Restricted stock award: executive director

28th Aug 2009 16:51

RNS Number : 2439Y
Randgold Resources Ld
28 August 2009
 



RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel Islands  Reg. No. 62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD("Randgold Resources" or the "Company")

RESTRICTED STOCK AWARD: EXECUTIVE DIRECTOR

London, United Kingdom, 28 August 2009 - Randgold Resources Limited announces that 36,000 restricted shares were awarded to Mr G P Shuttleworth in accordance with the terms of his contract of employment, 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.  The vesting period for the restricted shares awarded to Mr Shuttleworth was a third on 1 July 2008, the second third on 1 July 2009 and the final third on 1 July 2010.  As Mr Shuttleworth met the performance criteria, the second tranche of restricted shares has vested.

 

Randgold Resources Enquiries:

Chief Executive

Financial Director

Investor & Media Relations

Dr Mark Bristow

Graham Shuttleworth

Kathy du Plessis

+44 788 071 1386

+44 779 775 2288

+44 77614 4438

+44 1534 735 333

+44 20 7557 7738

Email: [email protected]

Website: www.randgoldresources.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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