AIM and Media Release
16 December 2019
BASE RESOURCES LIMITED
Notice of change of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) advises that it has today received notification from
Credit Suisse Holdings (Australia)
Limited on behalf of Credit Suisse Group AG and its affiliates
(Credit Suisse) that, on 11 December
2019, Credit Suisse reduced its voting power in Base
Resources by 9,238,158 ordinary shares.
Accordingly, Base Resources understands that, as at 11 December 2019, Credit Suisse had a relevant
interest in 54,496,783 ordinary shares, representing 4.65% of the
total Base Resources ordinary shares on issue and constituting a
significant shareholding for the purposes of the AIM Rules for
Companies.
The decrease in Credit Suisse’s holding for the purposes of the
AIM Rules for Companies was the result of the return of ordinary
shares pursuant to prime brokerage
agreements.
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 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