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: NON EXECUTIVE DIRECTORS
London, United Kingdom, 23 February 2011 - Randgold Resources Limited
announces that in terms of the company's remuneration for non-executive
directors approved by shareholders at the Annual General Meeting on 4
May 2010, an award of 1 200 restricted shares is made each year to each
non-executive director. The price of the 2011 restricted stock
calculation was the Nasdaq Global Select Market closing price on 3
January 2011, being USD81.60.
In terms of the 2009 award the third and final tranche of 400 shares
has been issued to the beneficial account of each non-executive
director.
In terms of the 2010 award the second tranche of 400 shares has been
issued to the beneficial account of each non-executive director. A
further 400 shares have been issued and will remain in the restricted
stock account of each non-executive director. Non-executive directors
will be entitled to the third tranche of the 2010 award, subject to
agreed conditions, on 1 January 2012.
In terms of the 2011 award the first tranche of 400 shares has been
issued to the beneficial account of each non-executive director. A
further 800 shares have been issued and will remain in the restricted
stock account of each non-executive director. Non-executive directors
will be entitled to the second and third tranches of the 2011 award,
subject to agreed conditions, on 1 January 2012 and 1 January 2013
respectively.
The change in non-executive directors' holdings in the company is as
follows:
Current %
Shares Shares Shares holding shareholding of
awarded awarded awarded after issued share
Director 2009 2010 2011 award capital
N P Cole 400 400 400 4 572 0.01
C L Coleman 400 400 400 3 800 0.00
K Dagdelen - - 400 400 0.00
R I Israel 400 400 400 39 463 0.04
P Lietard 400 400 400 34 027 0.04
K Voltaire 400 400 400 4 572 0.01
Randgold Resources Enquiries:
Chief Executive Financial Director Investor & Media Relations
Dr Mark Bristow Graham Shuttleworth Kathy du Plessis
+44 788 071 1386 +44 1534 735 333 +44 20 7557 7738
+44 779 775 2288 +44 779 771 1338 Email: randgoldresources@dpapr.com
Website: www.randgoldresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
Contact Information: Contacts: RNS Customer Services 0044-207797-4400 http://www.rns.com