Barrick Executive Chairman Adjusts Shareholding in Company
April 01 2020 - 5:16PM
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) said
today that, due to personal portfolio considerations, executive
chairman John Thornton had sold 2,632,153 shares in the company
during the permitted open period following the publication of its
2019 year-end results. Mr Thornton sold Barrick shares that he
purchased using his personal funds which were not subject to
holding restrictions. The sales have been reported in the
applicable securities filing.
Mr Thornton confirmed that he would continue to
retain and seek to build on what remains a meaningful equity stake
in Barrick and that he looks forward to participating in the value
created by the many exciting long-term growth opportunities being
realized by Barrick’s strong management team.
The shares sold by Mr Thornton represented
approximately 50% of his prior holding in Barrick. He now
holds 2,642,127 shares.
Enquiries:
Kathy du PlessisInvestor and media relations+44 20
7557 7738Email: barrick@dpapr.com
Website: www.barrick.com
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