JERSEY, CHANNEL ISLANDS
-- (Marketwired)
-- 03/30/15
Randgold Resources (LSE: RRS) (NASDAQ: GOLD)
RANDGOLD RESOURCES LIMITED
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
Contacts:
RNS
Customer
Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com
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