Base Resources Limited Notice of change of interests by Significant Shareholder
September 07 2023 - 3:57AM
UK Regulatory
TIDMBSE
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|Holder of |Registered |Number of ordinary shares|
|interest |interest |holder of | |
| | |shares | |
+---------------+-------------+---------------+-------------------------+
|Investment |FIL |Brown Brothers |3,020,492 |
|Discretion / |Investments |Harriman and Co| |
|Voting Power |International| | |
+---------------+-------------+---------------+-------------------------+
|JP Morgan, |72,857,091 |
|Bournemouth (C)| |
+---------------+-------------+---------------+-------------------------+
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
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
https://mb.cision.com/Public/22548/3831244/a0b40582c24201dc.pdf FIL Substantial Holder Notice
END
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