Randgold Resources Ltd.: Progressive Dividend Maintained
JERSEY, March 30, 2015 - Randgold Resources (LSE: RRS) (NASDAQ: GOLD) Randgold Resources Ltd.
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD
PROGRESSIVE DIVIDEND MAINTAINED AS RANDGOLD BUILDS CASH FOR FUTURE GROWTH
London, 30 March 2015 - Randgold Resources intends to continue to pay a progressive ordinary dividend that will increase or at least be maintained annually, the company says in its annual report for 2014 published today. The board has proposed a 20% increase in the 2014 dividend to $0.60 per share for approval at its annual general meeting on 5 May 2015.
Chief financial officer Graham Shuttleworth said that the company also intended to build its net cash position to approximately $500 million to provide financing flexibility for future new mine developments and/or other growth opportunities.
RANDGOLD ENQUIRIES:
| Chief Executive | Financial Director | Investor & Media Relations | ||
| 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: randgold@dpapr.com |
Website: www.randgoldresources.com
To view the full announcement, please click on the following link.
http://www.rns-pdf.londonstockexchange.com/rns/7769I_1-2015-3-29.pdf
Contact
Contacts:
RNS
Customer
Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com
