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Randgold Resources Limited: Directors' Acquisition and Disposal of Shares

/EINPresswire.com/ -- JERSEY, CHANNEL ISLANDS -- (Marketwired) -- 03/24/16 -- Randgold Resources Limited (LSE: RRS) (NASDAQ: GOLD)

RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD
("Randgold Resources" or the "Company")

Jersey, Channel Islands, 24 March 2016

DIRECTORS' ACQUISITION OF SHARES

Randgold Resources announces the following acquisition of shares in the Company, as required under DTR 3.1:

(a) Mark Bristow, a director of the Company, acquired 10 590 ordinary shares of the Company on 23 March 2016 at a price of $92.75.
(b) Graham Shuttleworth, a director of the Company, acquired 4 149 ordinary shares of the Company on 23 March 2016 at a price of $92.75.

The above shares were acquired by Mark Bristow and Graham Shuttleworth in line with the Randgold Resources Annual Bonus Plan which requires them to invest one third of their 2015 annual bonus in shares of the Company for a period of three years.

DIRECTORS' DISPOSAL OF SHARES

Mark Bristow, a director of the Company, notified the Company on 23 March 2016 of the sale of 36 000 Shares, which took place on the same day, at a price of GBP63.24 per Share.

Following the acquisition of shares above and Mark Bristow's disposal:

(a) Mark Bristow's shareholding in the Company is now 745 305 Shares or 0.80% of the current issued share capital of the Company; and
(b) Graham Shuttleworth's shareholding in the Company is now 83 201 Shares or 0.09% of the current issued share capital of the Company.

Randgold Resources Enquiries:

Chief Executive          Financial Director       Investor & Media
Mark Bristow             Graham Shuttleworth      Relations
+44 788 071 1386         +44 1534 735 333         Kathy du Plessis
+44 779 775 2288         +44 779 7711338          +44 20 7557 7738
                                                  Email: randgold@dpapr.com

Website: www.randgoldresources.com

Contacts:
RNS
Customer
Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com