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Randgold Resources (RRS)

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Monday 16 November, 2009

Randgold Resources

Restricted stock award and sa

RNS Number : 5733C
Randgold Resources Ld
16 November 2009
 

RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands 
Reg. No. 62686

LSE Trading Symbol: RRS

Nasdaq Trading Symbol: GOLD

("Randgold Resources" or the "Company")


RESTRICTED STOCK AWARD AND SALE OF SHARES: D M BRISTOW


London, United Kingdom, 16 November 2009 - Randgold Resources announced on 2 September 2008 that an award of 40 000 restricted shares was granted to Dr D M Bristow.  The price of the restricted stock calculation was the Nasdaq Global Select Market closing price on 22 August 2008, being US$44.37.


In terms of the evaluation by the Company's Remuneration Committee, Dr Bristow achieved the agreed  performance criteria and accordingly the 40 000 restricted shares have been issued directly to Dr Bristow. 


Dr Bristow elected to sell 20 000 shares which were sold on 13 November 2009 at US$79.05.


As a result of the issuance of 40 000 shares and sale of 20 000 shares, the change in Dr Bristow's holding is as follows:


Holding prior to
Award

Restricted Shares Awarded and Issued

Shares sold

Holding after
Award and Sale

% Shareholding
after Award

657 584

40 000

20 000

677 584

0.75


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: randgoldresources@dpapr.com



Website : www.randgoldresources.com



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