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Hii ni Habari kutoka Barrick. Executive Chairman Increases Shareholding in Company to Five Million Shares
Press Release
(opens in new window) DOWNLOAD PDF
OCTOBER 1, 2018
ALL AMOUNTS EXPRESSED IN U.S. DOLLARS UNLESS OTHERWISE INDICATED
TORONTO — Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) (“Barrick” or the “Company”) today announced that Executive Chairman John L. Thornton has purchased 2,271,029 additional common shares in the Company at an average price of $11.11 per share, nearly doubling his total shareholding in Barrick to 5,000,000 shares.1
Based on the exchange ratio of 6.128 Barrick shares for each share of Randgold Resources Limited (“Randgold”) under the recommended all-share merger between the two companies, the Randgold ordinary shares held by Mark Bristow are expected to convert into 5,141,600 Barrick shares following the completion of the merger, after which Mr. Bristow will become Barrick’s President and Chief Executive Officer.
Ownership is a core element of Barrick’s partnership culture. Under the Global Barrick Share Plan launched in 2016, all Barrick people receive common shares on an annual basis, tied to Company performance. These shares must be held until an individual retires or leaves the Company. Barrick also matches share purchases by those who work at the Company, up to $4,000 per year.
INVESTOR CONTACT
Deni Nicoski
Senior Vice President
Investor Relations
Telephone: +1 416 307-7474
Email: dnicoski@barrick.com
MEDIA CONTACT
Andy Lloyd
Senior Vice President
Communications
Telephone: +1 416 307-7414
Email: alloyd@barrick.com
Haya ni mambo ya acquisitions, ukiona mtu mmoja anajimilikisha shares nyingi hivi, Sisi wenye jicho la mbali, tunanusa kuwa soon shares hizo zitaingia sokoni na kuuzwa kwa mtu mwingine.
Huku mazungumzo yetu yakiendelea, bila sisi huku kupewa briefing yoyote, tunaweza kujikuta hatuna wa kuzungumza naye!.
P
Hii ni Habari kutoka Barrick. Executive Chairman Increases Shareholding in Company to Five Million Shares
Press Release
(opens in new window) DOWNLOAD PDF
OCTOBER 1, 2018
ALL AMOUNTS EXPRESSED IN U.S. DOLLARS UNLESS OTHERWISE INDICATED
TORONTO — Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) (“Barrick” or the “Company”) today announced that Executive Chairman John L. Thornton has purchased 2,271,029 additional common shares in the Company at an average price of $11.11 per share, nearly doubling his total shareholding in Barrick to 5,000,000 shares.1
Based on the exchange ratio of 6.128 Barrick shares for each share of Randgold Resources Limited (“Randgold”) under the recommended all-share merger between the two companies, the Randgold ordinary shares held by Mark Bristow are expected to convert into 5,141,600 Barrick shares following the completion of the merger, after which Mr. Bristow will become Barrick’s President and Chief Executive Officer.
Ownership is a core element of Barrick’s partnership culture. Under the Global Barrick Share Plan launched in 2016, all Barrick people receive common shares on an annual basis, tied to Company performance. These shares must be held until an individual retires or leaves the Company. Barrick also matches share purchases by those who work at the Company, up to $4,000 per year.
INVESTOR CONTACT
Deni Nicoski
Senior Vice President
Investor Relations
Telephone: +1 416 307-7474
Email: dnicoski@barrick.com
MEDIA CONTACT
Andy Lloyd
Senior Vice President
Communications
Telephone: +1 416 307-7414
Email: alloyd@barrick.com
- Mr. Thornton owns 3,985,219 Common Shares directly and 59,970 Common Shares indirectly through a Rollover IRA and 500,000 Common Shares indirectly through a Grantor Retained Annuity Trust. Mr. Thornton also exercises control or direction over 240,600 Common Shares held in the names of his wife and children. In addition, 214,211 Common Shares are held in family trusts for the benefit of Mr. Thornton’s children and for which his wife is the trustee. Mr. Thornton does not have beneficial interest in or control over these Common Shares held in trust.
Haya ni mambo ya acquisitions, ukiona mtu mmoja anajimilikisha shares nyingi hivi, Sisi wenye jicho la mbali, tunanusa kuwa soon shares hizo zitaingia sokoni na kuuzwa kwa mtu mwingine.
Huku mazungumzo yetu yakiendelea, bila sisi huku kupewa briefing yoyote, tunaweza kujikuta hatuna wa kuzungumza naye!.
P