Ashanti Goldfields: Directors' Interests.Business Editors ACCRA Accra (əkrä`, ăk`rə), city (1984 pop. 867,459), capital of Ghana, a port on the Gulf of Guinea. It is Ghana's largest city and its administrative, communications, and economic center. , Ghana--(BUSINESS WIRE)--Nov. 26, 2003 1. Disposal of shares On 25 November November: see month. 2003, Mr. Trevor Trev·or , William Originally William Trevor Cox. Born 1928. Irish writer noted for his darkly comedic stories and novels, including The Old Boys (1964) and The Day We Got Drunk on Cake (1967). Schultz Schultz may refer to People:
v. dis·posed, dis·pos·ing, dis·pos·es v.tr. 1. To place or set in a particular order; arrange. 2. of 8,032 ordinary shares held in the Company at a price of US$11.00 resulting in his beneficial interest in the Company immediately following such disposal being 23,213 Ashanti ordinary shares. 2. Release of shares from trust On 25 November 2003, Ashanti's wholly-owned subsidiary, Ashanti Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. Share Incentive Trustee Limited, a trust company established in connection with Ashanti's employees' incentive plans, released from trust 54,742 Ashanti ordinary shares to five executive directors and certain other key management staff under the Ashanti Performance Share Plan (the "Plan"). Under the Plan, executive directors and other key management staff were originally awarded 82,000 shares (of which 18,000 shares were awarded to executive directors) on 4 July July: see month. 2000. The terms of the Plan provide that the shares are held in trust for a period of three years for release to participants upon the achievement of set targets and on condition that participants remain with Ashanti throughout the three-year period. At the end of the three-year period certain participants had earned a total of 54,742 Ashanti ordinary shares, of which an aggregate of 13,500 shares had been earned by executive directors. The shares released from trust to executive directors and their respective beneficial holdings in Ashanti ordinary shares following receipt of such shares are as follows:
Name of Director Total
Earned Beneficial
Shares Interest
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Sam Esson Jonah 4,500 64,190
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Trevor Stanley Schultz 2,250 25,463
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Srinivasan Venkatakrishnan 2,250 2,250
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Eleanor Darkwa Ofori Atta 2,250 2,803
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Merene Botsio-Phillips 2,250 2,350
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Total 13,500 97,056
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