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

Base ResourcesAnnouncement

07/09/2023 09:00

 

 

 

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 interest              Holder of interest             Registered holder of shares     Number of ordinary shares  
 Investment Discretion / Voting Power  FIL Investments International  Brown Brothers Harriman and Co  3,020,492                  
                                       JP Morgan, Bournemouth (C)                                     72,857,091                 

 

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
 

 FIL Substantial Holder Notice (https://mb.cision.com/Public/22548/3831244/a0b40582c24201dc.pdf)  



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