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Restricted stock award: executive director

4th Sep 2009 16:43

RNS Number : 5893Y
Randgold Resources Ld
04 September 2009
 



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

RESTRICTED STOCK AWARD: EXECUTIVE DIRECTOR

London, 4 September 2009 - Randgold Resources Limited announces that in terms of the Randgold Resources Restricted Share Scheme the following award has been made to Mr G P Shuttleworth:

An award of 54,000 restricted shares effective from 2 September 2009.  Subject to the achievement of agreed performance conditions being met for the one year period immediately prior to each vestingone third of the award will vest on 2 September 2011, one third on 3 September 2012 and the remaining third will vest on September 2013. The price of the restricted stock was the Nasdaq Global Select Market closing price on 1 September 2009 of US$56.99.

Randgold Resources Enquiries:

Chief Executive

Dr Mark Bristow

+44 788 071 1386

+44 779 775 2288

Financial Director

Graham Shuttleworth

+44 779 614 4438

+44 1534 735 333

Investor & Media Relations

Kathy du Plessis

+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
 
END
 
 
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