AIM and Media Release
14 October 2019
BASE RESOURCES LIMITED
Notice of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) advises that it has today received the following
notification.
UBS Group AG has notified the company that it and its related
bodies corporate (UBS Group) have decreased their relevant
interest in Base Resources ordinary shares by a net 14,902,510 to
65,396,219 ordinary shares, representing 5.61% of total Base
Resources ordinary shares on issue, constituting a significant
shareholding for the purposes of the AIM Rules for Companies.
UBS Group’s interest in Base Resources ordinary shares relates
to the following interests held by its related bodies
corporate:
| Holder of relevant
interest |
Nature of relevant
interest |
Class and number of
securities |
| UBS Securities Australia Ltd |
Beneficial Owner |
51,454,703 fully paid ordinary
shares |
| UBS AG, Australia Branch |
Prime Broker that has exercised its
borrowing right in respect of shares pursuant to a Prime Broking
Agreement |
13,941,516 fully paid ordinary
shares |
Average consideration received for sales between 2 October
2019 and 10 October 2019 was A$0.245 per share for 15,009,587 shares.
Average consideration given for acquisitions between
2 October 2019 and 10 October 2019 was A$0.243 per share for 107,077 shares.
A PDF version of the notice referred to in this release is
available from the company’s website:
www.baseresources.com.au.
ENDS.
For further information contact:
| James Fuller, Manager -
Communications and Investor Relations |
UK Media Relations |
| Base Resources |
Tavistock Communications |
| Tel: +61 (8) 9413 7426 |
Jos Simson and Barnaby Hayward |
| Mobile: +61 (0) 488 093 763 |
Tel: +44 (0) 207 920 3150 |
| Email:
jfuller@baseresources.com.au |
|
About Base Resources
Base Resources is an Australian based, African focused, mineral
sands producer and developer with a track record of project
delivery and operational performance. The company operates
the established Kwale Operations in Kenya and is developing the Toliara Project in
Madagascar. Base Resources is an ASX and AIM listed
company. Further details about Base Resources are available
at www.baseresources.com.au
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
NOMINATED ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: +61 (0)8 9480 2500
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
JOINT BROKER
Numis Securities Limited
John Prior / James Black / Paul
Gillam
Phone: +44 20 7260 1000