Base Resources Limited Notice of change of interests by Significant Shareholder
December 14 2022 - 2:00AM
UK Regulatory
TIDMBSE
AIM and Media Release
14 December 2022
BASE RESOURCES LIMITED
Notice of change of interests by Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has
today received notification from Regal Funds Management Pty Limited and its
associates (together, Regal) that, as at 12 December 2022, Regal had decreased
its voting power in Base Resources to 70,162,714 ordinary shares, representing
5.96% of the total Base Resources ordinary shares on issue and constituting a
significant shareholding for the purposes of the AIM Rules for Companies.
Regal's interest in 70,162,714 ordinary shares is held as follows:
Nature of Regal's Registered holder of Person entitled to be Number of ordinary
interest shares registered as holder shares
Power to control the UBS Nominees Pty Ltd UBS AG, Australia 13,005,836
exercise of a power branch
to dispose of
securities
Power to control the Merrill Lynch (Aus) Merrill Lynch 33,483,140
exercise of a power Nominees Pty Ltd International Limited
to dispose of
securities
Power to control the J.P. Morgan Prime J.P Morgan Securities 23,673,738
exercise of a power Nominees Ltd PLC
to dispose of
securities
The decrease in Regal's holding for the purposes of the AIM Rules for Companies
was the result of the disposal of ordinary shares during the period from 23
November 2022 to 12 December 2022. During this period, Regal disposed
22,090,428 shares for an average price of A$0.208 per share. No shares were
acquired during this period.
A copy 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 UK Media Relations
Relations
Base Resources Tavistock Communications
Tel: +61 8 9413 7426 Jos Simson and Gareth Tredway
Mobile: +61 488 093 763 Tel: +44 207 920 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 8 9413 7400
Fax: +61 8 9322 8912
NOMINATED ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: +61 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
END
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