AIM and Media Release
22 January 2018
BASE RESOURCES LIMITED
Shares issued under Retail Entitlement Offer
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) is pleased to advise the completion of the retail
component (Retail Entitlement Offer) of the 1 for 3
accelerated renounceable pro rata entitlement offer announced on
Tuesday, 19 December 2017 (Entitlement
Offer).
Base Resources has today issued 30,306,450 new fully paid
ordinary shares (New Shares) pursuant to the Retail
Entitlement Offer, raising gross proceeds of approximately
A$7.7 million. These New
Shares rank equally in all regards with existing Base Resources
ordinary shares and are to commence trading on ASX tomorrow.
The New Shares are expected to be admitted to trading on AIM on or
around 24 January 2018.
Base Resources raised total gross proceeds of approximately
A$97 million pursuant to the institutional placement and
institutional and retail components of the Entitlement Offer.
The Retail Entitlement Offer was well supported by the Base
Resources Board and management. Set out below are updated
shareholding details for those persons classified as “persons
discharging managerial responsibilities” for the purposes of the
Market Abuse Regulation (EU).
Name |
New Shares
subscribed for |
Total holding of
shares
(direct and indirect) |
Directors |
Keith Spence
(Non-Executive Chairman) |
166,667 |
666,667 |
Tim Carstens
(Managing Director) |
536,992 |
2,655,640 |
Colin Bwye
(Executive
Director) |
430,000 |
3,158,865 |
Sam Willis
(Non-Executive Director) |
66,667 |
266,667 |
Management |
Kevin Balloch |
155,190 |
620,759 |
Colin Forbes |
182,067 |
758,302 |
Andre Greyling |
488,021 |
1,952,081 |
Stephen Hay |
132,459 |
529,837 |
Chadwick Poletti |
37,957 |
171,947 |
Denham Vickers |
63,584 |
651,392 |
The issued capital of Base Resources following the issue of the
New Shares is:
- 1,127,575,014 fully paid ordinary shares.
- 61,425,061 options (exercise price of A$0.40, expiring 31 December 2018).
- 71,281,661 performance rights issued pursuant to the terms of
the Base Resources Long Term Incentive Plan.
ENDS.
CORPORATE PROFILE
Directors
Keith Spence (Non-Executive
Chairman)
Tim Carstens (Managing Director)
Colin Bwye (Executive Director)
Sam Willis (Non-Executive
Director)
Michael Stirzaker (Non-Executive
Director)
Malcolm Macpherson (Non-Executive
Director)
Company Secretary
Chadwick Poletti
NOMINATED ADVISOR & BROKERS
RFC Ambrian Limited
As Nominated Adviser:
Andrew Thomson / Stephen Allen
Phone: +61 (0)8 9480 2500
As Joint Broker:
Jonathan Williams
Phone: +44 20 3440 6800
Numis Securities Limited
As Joint Broker:
John Prior / James Black / Paul
Gillam
Phone: +44 20 7260 1000
SHARE REGISTRY: ASX
Computershare Investor Services Pty Limited
Level 11, 172 St Georges Terrace
PERTH WA 6000
Enquiries: 1300 850 505 / +61 (3) 9415 4000
www.computershare.com.au
SHARE REGISTRY: AIM
Computershare Investor Services PLC
The Pavilions
Bridgwater Road
BRISTOL BS99 6ZZ
Enquiries: +44 (0) 870 702 0003
www.computershare.co.uk
AUSTRALIAN MEDIA RELATIONS
Cannings Purple
Andrew Rowell
arowell@canningspurple.com.au
Phone: +61 (0)8 6314 6300
UK MEDIA RELATIONS
Tavistock Communications
Jos Simson / Barnaby Hayward
Phone: +44 (0) 207 920 3150
KENYA MEDIA RELATIONS
Africapractice (East
Africa)
Evelyn Njoroge / Joan Kimani
Phone: +254 (0)20 239 6899
Email: jkimani@africapractice.com
PRINCIPAL & REGISTERED OFFICE
Level 1, 50 Kings Park Road
West Perth, Western Australia, 6005
Email: info@baseresources.com.au
Phone: +61 (0)8 9413 7400
Fax: +61 (0)8 9322 8912