BASE RESOURCES LIMITED - Notice of change of Significant Shareholder
AIM and Media Release
Notice of change of Significant Shareholder
(ASX & AIM: BSE) ( or the ) advises that it has today received notification from Bank of America Corporation that, as at , it and its related bodies corporate () had voting power in 81,620,305 ordinary shares in , representing 6.97% of the total ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies on that date.
Bank of America’s interest in 81,620,305 ordinary shares was held as follows:
We understand that :
A copy of the notice referred to in this release is available from the Company’s website: .www.baseresources.com.au
For further information contact:
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
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
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 35,104,952 (Australia) Futures voting and/or (Australia) Nominees Limited disposal of Pty Ltd securities in its capacity as ultimate beneficial owner having a principal position. Merrill Lynch Borrowing of Merrill Lynch 46,515,353 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.
-- acquired 29,525,167 shares for an average price of per share between and (excluding any shares borrowed pursuant to a prime brokerage agreement); and -- disposed of 30,000,000 shares for an average price of per share on (excluding any shares returned pursuant to a prime brokerage agreement).
A$0.197 A$0.195 27 December 2019 21 April 2020 2 March 2020
, 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[email protected]
Quick facts: Base Resources Limited
Market Cap: £102.52 m
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