Randgold Resources Limited
Wednesday, May 16, 2018 - 8:49 AM EDT

Randgold Resources Limited: Grant of Awards to Directors



Jersey, Channel Islands (FSCwire) - On 15 May 2018, an award over 78 395 ordinary shares was granted to Mark Bristow, a director of the Company, and an award over 18 989 ordinary shares was granted to Graham Shuttleworth, a director of the Company (together, the Awards), under the Randgold Resources Limited Long Term Incentive Plan (the LTIP).  

 

The Awards vest, in accordance with the rules of the LTIP, subject to the achievement of operational and financial performance targets over a three year performance period ending on 31 December 2020. The performance targets were chosen because they are among the Company's key performance indicators, and as key factors driving shareholder value.  Following the vesting of the Awards, a two year holding requirement applies to 100 per cent. of the vested shares.

 

The LTIP, which was approved by shareholders at the Company’s annual general meeting on 8 May 2018, is designed to reward sustainable long term performance subject to the achievement of agreed operational and financial targets.

 

Randgold Resources Enquiries:

 

Chief Executive
Mark Bristow
+44 788 071 1386
+44 779 775 2288

Financial Director
Graham Shuttleworth
+44 1534 735 333
+44 779 7711338

Investor & Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: randgold@dpapr.com

Website: www.randgoldresources.com

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

 

Click on, or paste the following link into your web browser, to view the full announcement;

 

http://www.rns-pdf.londonstockexchange.com/rns/3058O_1-2018-5-16.pdf







Source: Randgold Resources Limited (LSE:RRS, NASDAQ:GOLD, OTC Pink:RGORF, FWB:RGR1)

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