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 decreased their voting power in to 73,909,534 ordinary shares, representing 6.31% 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 73,909,534 ordinary shares was held as follows:
The decrease in Bank of America’s holding for the purposes of the AIM Rules for Companies since its last notification to the Company was the net result of the return and borrowing of ordinary shares pursuant to prime brokerage agreements and the disposal and acquisition of ordinary shares, in each case, since .
disposed of 18,000,000 shares for an average price of per share between and (excluding any shares returned pursuant to a prime brokerage agreement). It acquired 44,898 shares for an average price of between and .
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 37,171,824 (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 36,737,710 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[email protected]
Quick facts: Base Resources Limited
Market Cap: £117.16 m
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