AIM and Media Release
7 October 2021
BASE RESOURCES LIMITED
Disclosure under Takeovers Panel Guidance Note 20 - Equity
Derivatives
African mineral sands producer, Base Resources Limited
(ASX & AIM: BSE) advises that it has received the notice
extracted in italics below from Regal Funds Management Asia Pte
Limited. The notice was provided to the company pursuant to
the Australian Takeovers Panel Guidance Note 20 - Equity
Derivatives.
06-October-2021
Dear BASE RESOURCES LIMITED,
Disclosure of Long Equity Derivative
Positions
We refer to Guidance Note 20: Equity Derivatives
(GN20) issued by the Australian Takeovers
Panel. Terms not defined in this notice have the meanings given to
them in GN20.
GN20 relevantly provides that the non-disclosure of long
positions, including long equity derivative positions, may give
rise to unacceptable circumstances. Regal Funds Management Asia Pte
Limited, as investment manager of Amazon Market Neutral Fund and
Zambezi Absolute Return Fund (the Funds),
discloses the following information on behalf of the
Funds.
Identity of the
taker: |
Amazon Market
Neutral Fund |
Zambezi Absolute
Return Fund |
Relevant
security: |
Ordinary shares in BASE RESOURCES LIMITED |
Price (including
reference price, strike price, option price etc as
appropriate): |
Not
applicable |
Entry date and number of securities to which the derivative
relates: |
Total number of
securities to which derivatives relate as at 04-0ct-2021:4,365,556
(0.37%) |
Total number of
securities to which derivatives relate as at 04-0ct-2021:69,640,271
(5.91%) |
Type of derivative
(e.g. contract for difference, cash settled put or call
option): |
Equity
swap |
Any material
changes to information previously disclosed: |
No information
previously disclosed |
No information
previously disclosed |
Relevant interests
in securities: |
None |
Long equity
derivative positions and relevant interests held by the taker and
its associates: |
The
Funds have no other associates with a long equity derivative
position or relevant interest in the company |
Short equity
derivative positions that offset physical positions: |
None |
Short positions of more than 1% that have been acquired after a
long position is disclosed, whether by notice or substantial
holding notice: |
None |
Yours sincerely
Greg Laughlin
Chief Executive Officer
Regal Funds Management Asia Pte Limited
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 Gareth Tredway |
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 3, 46 Colin Street
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
Canaccord Genuity
Raj Khatri / James Asensio /
Patrick Dolaghan
Phone: +44 20 7523 8000