Randgold-Restricted stock award and sale of shares
24.08.2010 | Marketwire
JERSEY, CHANNEL ISLANDS -- (Marketwire) -- 08/24/10 --
RANDGOLD RESOURCES LIMITED
Incorporated 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 Restricted Shares Shares Holding after % Shareholding
prior to Awarded and Issued sold Award and Sale after Award
Award
24 000 12 000 8 000 28 000 0.03
Randgold Resources Enquiries:
Mark Bristow Graham Shuttleworth Kathy du Plessis
Chief Executive Financial Director Investor & Media Relations
+44 788 071 1386 +44 1534 735 333 +44 20 7557 7738
+44 779 775 2288 +44 779 614 4438 randgoldresources@dpapr.com
Website: www.randgoldresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
Contacts:
RNS
Customer
Services
0044-207797-4400
Email Contact
http://www.rns.com
