Base Resources Limited Notice of Significant Shareholder
November 23 2018 - 2:00AM
UK Regulatory
TIDMBSE
AIM and Media Release
23 November 2018
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 increased their relevant interest in Base Resources ordinary
shares by a net 13,102,768 to 74,484,672 ordinary shares, representing 6.38% 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 Beneficial Owner 60,543,156 fully paid
Ltd ordinary shares
UBS AG, Australia Branch Prime Broker that has 13,941,516 fully paid
exercised its borrowing ordinary shares
right in respect of shares
pursuant to a Prime Broking
Agreement
Consideration given to acquire the increased relevant interest above between
16 October 2018 and 20 November 2018 was a weighted average of A$0.256 per
share for 23,366,165 shares. Consideration received for sales between
16 October 2018 and 16 November 2018 was a weighted average of A$0.240 per
share for 10,263,397 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 UK Media Relations
Investor 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 Sands 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
Andrew Thomson / Stephen Allen
Phone: +61 (0)8 9480 2500
END
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