14th Feb 2006 07:00
Randgold Resources Ld14 February 2006 RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNasdaq Trading Symbol: GOLD RESTRICTED STOCK AWARD: NON EXECUTIVE DIRECTORS In terms of the Company's remuneration for non-executive directors approved byshareholders at the Annual General Meeting on 25 April 2005, an award of $30 000is made each year to each non-executive director to be used for the purpose ofacquiring restricted stock. The price of the 2006 restricted stock calculationwas the Nasdaq National Market closing price on 10 February 2006, beingUS$17.11. In terms of the 2005 award, 782 shares, previously held in the restricted stockaccount, have now vested and have been transferred to the beneficial account ofeach non-executive director. 783 shares remain held in the restricted stockaccount of each non-executive director. In terms of the 2006 award, 584 shares have been issued to the beneficialaccount of each non-executive director. 1,169 shares have been issued and willbe held in the restricted stock account of each non-executive director.Non-executive directors would be entitled to the second tranche of the 2006award, subject to the agreed conditions, on 1 January 2007 and the balance on 1January 2008. The change in directors' holdings in the company is as follows: Director Shares Shares Holding % Shareholding awarded 2005 awarded 2006 after award of issued share capital B H Asher 782 584 18 569 0.03%J-A Cramer 782 584 2 112 0.00%R I Israel 782 584 14 615 0.02%P Lietard 782 584 27 548 0.04%A L Paverd 782 584 40 015 0.06% 14 February 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Randgold Resources