logo-loader
viewBase Resources Limited

BASE RESOURCES LIMITED - Notice of change of Significant Shareholder

AIM and Media Release 

11 February 2020

Notice of change of Significant ShareholderBASE RESOURCES LIMITED

(ASX & AIM: BSE) () advises that it has today received notification from UBS Group AG that, on , it and its related bodies corporate () reduced their voting power in by 17,393,401 ordinary shares. Base Resources LimitedBase ResourcesBase ResourcesUBS6 February 2020

Accordingly, understands that, as at , had a relevant interest in 48,002,818 ordinary shares, representing 4.10% of the total ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies on that date.Base ResourcesUBSBase Resources6 February 2020

The decrease in UBS’s relevant interest was the net result of the acquisition and disposal of ordinary shares, and the result of the return of ordinary shares pursuant to a prime brokerage agreement, in each case, since .11 October 2019

disposed of 13,946,084 shares for an average price of per share between and (excluding any securities returned pursuant to a prime brokerage agreement).  It also acquired 10,494,199 shares for an average price of per share between and .UBSA$0.249A$0.22121 October 20196 February 202011 October 20195 February 2020

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:

AboutBase 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 and is developing the in Madagascar.  is an ASX and AIM listed company.  Further details about are available atBase ResourcesToliara ProjectBase ResourcesBase ResourcesKenyawww.baseresources.com.au

Level 1, , 6005 Email:  Phone: +61 (0)8 9413 7400 Fax: +61 (0)8 9322 8912PRINCIPAL & REGISTERED OFFICE




50 Kings Park RoadWest Perth, Western Australia[email protected]

Phone: +61 (0)8 9480 2500NOMINATED ADVISOR
RFC Ambrian Limited


Stephen Allen

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


Matthew Armitt

/ / Phone: +44 20 7260 1000JOINT BROKER
Numis Securities Limited


John PriorJames BlackPaul Gillam

,  and Investor  Media Relations
Relations

                                    

Tel: +61 (8) 9413 7426                             and 

Mobile: +61 (0) 488 093 763                       Tel: +44 (0) 207 920 3150

Email:James FullerJos SimsonBarnaby HaywardManager CommunicationsBase ResourcesTavistock CommunicationsUK[email protected]

Quick facts: Base Resources Limited

Price: 9.75

Market: AIM
Market Cap: £114.23 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Base Resources Kwale operations enters new phase and Toliara...

Base Resources Limited (ASX:BSE) (LON:BSE) chief financial officer Kevin Balloch updates Proactive on the highlights of its half year results. The company has had a successful ramp-up of mineral sands mining operations on the South Dune ore body at the Kwale operations in Kenya and continues...

on 28/2/20