AIM
and Media Release
7 September 2023
BASE
RESOURCES LIMITED
Notice
of change of interests by Significant
Shareholder
Base
Resources Limited (ASX & AIM: BSE) (Base
Resources) advises
that it has received notification from FIL Limited and FIL
Investments International (together, FIL)
that, as at 5 September 2023, FIL had
decreased its voting power in Base Resources from 87,809,331
ordinary shares to 75,877,583 ordinary shares representing 7.45%
and 6.44% respectively of the total Base Resources ordinary shares
on issue.
This
constitutes a significant shareholding for the purposes of the AIM
Rules for Companies.
FIL’s
interest in 75,877,583 ordinary shares is held as
follows:
|
Nature
of FIL’s interest
|
Holder
of interest
|
Registered
holder of shares
|
Number
of ordinary shares
|
|
Investment
Discretion / Voting Power
|
FIL
Investments International
|
Brown
Brothers Harriman and Co
|
3,020,492
|
|
JP Morgan,
Bournemouth (C)
|
72,857,091
|
The
decrease in FIL’s holding for the purposes of the AIM Rules for
Companies was the result of the disposal of ordinary shares during
the period from 17 January 2023 to
5 September 2023.
During
this period, FIL sold 11,931,748 shares for an average price of
A$0.22 per share.
A copy of
the notice referred to in this release is attached.
ENDS.
For
further information contact:
|
Australian
Media Relations
|
UK Media
Relations
|
|
Citadel
Magnus
|
Tavistock
Communications
|
|
Cameron
Gilenko and Michael Weir
|
Jos Simson
and Gareth Tredway
|
|
Tel: +61 8
6160 4900
|
Tel: +44
207 920 3150
|
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 & JOINT BROKER
Canaccord Genuity
Limited
James Asensio / Raj Khatri
Phone: +44
20 7523 8000
JOINT
BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44
20 3207 7800