REG-Base Resources Limited: Notice of change of interests by Significant Shareholder

Base ResourcesAnnouncement

22/12/2022 07:15

AIM and Media Release 

22 December 2022

BASE RESOURCES LIMITED
Notice of change of interests by Significant Shareholder

Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has
today received notification from FIL Limited and FIL Investments International
(together, FIL) that, as at 20 December 2022, FIL had decreased its voting
power in Base Resources to 101,263,610 ordinary shares, representing 8.60% of
the total Base Resources ordinary shares on issue and constituting a
significant shareholding for the purposes of the AIM Rules for Companies.

FIL’s interest in 101,263,610 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                   3,373,332 
                                       JP Morgan, Bournemouth (C)                                                     97,890,278 

The decrease in FIL’s holding for the purposes of the AIM Rules for
Companies was the net result of the disposal and acquisition of ordinary
shares during the period from 13 October 2021 to 20 December 2022. 

During this period, FIL disposed 39,324,464 shares for an average price of
A$0.291 per share.  FIL also acquired 26,834,493 shares for an average price
of A$0.310 per share between 3 December 2021 and 28 October 2022.

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 Gareth Tredway  
 Mobile: +61 488 093 763                                      Tel: +44 207 920 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 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
RFC Ambrian Limited
Stephen Allen
Phone: +61 8 9480 2500
 

JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
 

JOINT BROKER
Canaccord Genuity
Raj Khatri / James Asensio / Patrick Dolaghan
Phone: +44 20 7523 8000
 



Copyright (c) 2022 PR Newswire Association,LLC. All Rights Reserved