10:29 Thu 28 Nov 2019
BASE RESOURCES LIMITED - Notice of Significant Shareholder
AIM and Media Release
Notice of Significant Shareholder
(ASX & AIM: BSE) () advises that it has today received notification from Bank of America Corporation that it and its related bodies corporate () have increased their voting power in to 72,759,753 ordinary shares, representing 6.21% of the total ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies.
Bank of America’s interest in 72,759,753 ordinary shares is held as follows:
The increase in Bank of America’s holding for the purposes of the AIM Rules for Companies was the net result of both the borrowing and return of ordinary shares pursuant to a prime brokerage agreement, and the acquisition and disposal of ordinary shares, since .
acquired 71,337,842 shares for an average price of per share between and (excluding any securities borrowed pursuant to any prime brokerage agreements). It also disposed of 50,000,000 shares for an average price of per share between and (excluding any securities borrowed pursuant to any prime brokerage agreements).
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:
About
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 at
Level 1,
, 6005
Email:
Phone: +61 (0)8 9413 7400
Fax: +61 (0)8 9322 8912PRINCIPAL & REGISTERED OFFICE
Phone: +61 (0)8 9480 2500NOMINATED ADVISOR
/ Detlir Elezi
Phone: +44 20 3207 7800JOINT BROKER
Berenberg
/ /
Phone: +44 20 7260 1000JOINT BROKER
Holder of interest Nature of interest Registered holder of Number of ordinary shares shares Merrill Lynch Power to control Merrill Lynch 35,564,373 (Australia) Futures voting and/or (Australia) Nominees Ltd disposal of Pty Ltd securities in its capacity as ultimate beneficial owner having a principal position. Merrill Lynch Borrowing of Merrill Lynch 37,195,380 International securities pursuant (Australia) Nominees (Australia) Ltd to a Prime Brokerage Pty Ltd Agreement, with power to control the voting and/or disposal of borrowed securities.
, 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 Fuller Jos Simson Barnaby Hayward Manager Communications Base Resources Tavistock Communications UK jfuller@baseresources.com.au
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