The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Grant of awards

Friday, March 21, 2014

Grant of awards

13:50 EDT Friday, March 21, 2014

JERSEY, CHANNEL ISLANDS--(Marketwired - March 21, 2014) -

TSX: GOLD; LSE: RRSRANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNASDAQ Trading Symbol: GOLD(the "Company")GRANT OF AWARDS TO DR. MARK BRISTOW AND GRAHAM SHUTTLEWORTH UNDER THERANDGOLD RESOURCES LIMITED CO-INVESTMENT PLAN AND THE RANDGOLDRESOURCES LIMITED RESTRICTED SHARE SCHEMELondon, United Kingdom, 21 March 2014RANDGOLD RESOURCES LIMITED CO-INVESTMENT PLANFollowing Dr Mark Bristow and Graham Shuttleworth, both directors ofthe Company, each electing to "lock-up" the maximum permissible numberof ordinary shares in the Company (Shares) for a period of 3 years(being 39,004 Shares and 10,170 Shares respectively) under the RandgoldResources Limited Co-investment Plan, they become eligible for thegrant of "matching" awards under the plan. Consequently, an award underthe plan of 39,004 Shares was granted to Dr. Mark Bristow and an awardof 10,170 Shares was granted to Graham Shuttleworth, on 21 March 2014.The awards granted to both Dr. Mark Bristow and Graham Shuttleworth mayvest, in full or in part, after the expiry of the performance period on31 December 2016, to the extent that the performance conditions asspecified by the plan are met.The Randgold Resources Limited Co-investment Plan, which has beenapproved by shareholders, is designed to reward sustained totalshareholder return performance relative to global peers over a threeyear period and align the interests of the executives with theinterests of shareholders.RANDGOLD RESOURCES LIMITED RESTRICTED SHARE SCHEMEUnder the Randgold Resources Restricted Share Scheme, an award over39,004 Shares was granted to Dr. Mark Bristow a director of theCompany, and an award over 10,170 Shares was granted to GrahamShuttleworth a director of the Company, on 21 March 2014. The awardsgranted to both Dr. Mark Bristow and Graham Shuttleworth may vest, infull or in part, subject to the achievement of operational andfinancial performance targets, chosen on the basis they are among theCompany's key performance indicators and drive shareholder value, overa four year performance period. A one year post-vesting holdingrequirement applies to 100 per cent. of the vested Shares.The Randgold Resources Restricted Share Scheme, which has been approvedby shareholders, is designed to reward sustainable long termperformance subject to the achievement of agreed operational andfinancial targets.Randgold Resources Enquiries:Chief Executive Financial Director Investor & Media RelationsMark Bristow Graham Shuttleworth Kathy du Plessis+44 788 071 1386 +44 1534 735 333 +44 20 7557 7738+44 779 775 2288 +44 779 7711338 Email: randgold@dpapr.comWebsite: This information is provided by RNS The company news service from the London Stock ExchangeEND


Contact Information:

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail App

    The New Globe and Mail App for iPhone®, iPad® and Apple Watch download

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
Other Sections