AIM and Media Release
22 May 2024
Base Resources Limited
Notice of change of interests by Substantial Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has
received notification from Sustainable Capital Limited (Sustainable Capital)
that it reduced its voting power in Base Resources from 277,931,128 ordinary
shares to 266,034,866 ordinary shares representing 22.58% of the total Base
Resources ordinary shares in issue. This constitutes a substantial
shareholding for the purposes of the AIM Rules for Companies.
Sustainable Capital’s interest in 266,034,866 ordinary shares is held as
follows:
Holder of interest Registered holder of shares Person entitled to be registered as holder Number of ordinary shares
Sustainable Capital Limited HSBC-FUND SERVICES CLIENT A/C 006 HSBC BANK AUSTRALIA LIMITED 266,034,866
The decrease in Sustainable Capital’s holding for the purposes of the AIM
Rules for Companies was the result of the disposal of 11,896,262 ordinary
shares on 22 May 2024 for an average price of A$0.2813 per share.
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:
Australian Media Relations UK Media Relations
Morrow Sodali 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 ADVISER & JOINT BROKER
Canaccord Genuity Limited
James Asensio / Raj Khatri / George Grainger
Phone: +44 20 7523 8000
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
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