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, 19 March 2010 - Randgold Resources Limited
announced on 27 March 2009 that two awards of 40 000 restricted shares
were granted to the chief executive, Dr D M Bristow. In terms of the
first award two thirds of the award would vest on 1 January 2010 and in
the second award one third would vest on 1 January 2010. The stock has
now vested and the shares have been issued to Dr D M Bristow. The
price of the restricted stock calculation was the Nasdaq Global Select
Market closing price on 2 January 2009, being US$43.26.
In terms of the evaluation by the Company's Remuneration Committee, Dr
Bristow achieved the agreed performance criteria and accordingly the 26
667 and 13 333, totaling 40 000 restricted shares have been issued
directly to him.
Dr Bristow elected to sell 20 000 shares which were sold on 19 March
2010 at US$74.35, but his total holding has increased by 20 000 shares,
remaining the single largest individual shareholding in the Company,
and is now as follows:
Holding %
Holding after Shareholding
prior to Restricted shares awarded Shares award and
award and issued sold sale after award
677 584 40 000 20 000 697 584 0.77
Randgold Resources Enquiries:
Chief Executive Financial Director Investor & Media Relations
Dr Mark Bristow Graham Shuttleworth Kathy du Plessis
+44 788 071 1386 +44 779 614 4438 +44 20 7557 7738
+44 779 775 2288 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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