AIM and Media Release
10 June 2020
BASE RESOURCES LIMITED
Notice of change of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources or the Company) advises that it has today
received notification from UBS Group AG that, as at 5 June 2020, it and its related bodies corporate
(UBS) had voting power in 65,591,302 ordinary shares in Base
Resources, representing 5.60% of the total Base Resources ordinary
shares on issue and constituting a significant shareholding for the
purposes of the AIM Rules for Companies on that date.
UBS’s interest in 65,591,302 ordinary shares was held as
follows:
Holder of interest |
Nature of interest |
Registered holder of
shares |
Number of ordinary
shares |
UBS AG London Branch |
Power to control disposal over
shares pursuant to stock borrowing and lending activities |
Various Custodians |
40,000,000 |
UBS Securities
Australia Ltd |
Beneficial Owner |
Brispot Nominees Pty
Ltd |
25,591,302 |
UBS acquired 117,808,921 shares for an average price of
A$0.191 per share between
7 February 2020 and 5 June 2020 (excluding any securities borrowed
pursuant to a securities lending agreement). It disposed of
113,820,634 shares for an average price of A$0.181 per share between 6 February 2020 and 1 May
2020 (excluding any shares returned pursuant to a securities
lending agreement).
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