AIM and Media Release
18 August 2021
BASE RESOURCES LIMITED
Notice of change of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) advises that it has today received notification from
Credit Suisse Holdings (Australia)
Limited on behalf of Credit Suisse Group AG and its affiliates
(Credit Suisse) that, on 16 August
2021, Credit Suisse reduced its voting power in Base
Resources by 19,187,590 ordinary shares.
Base Resources understands that, as at 16
August 2021, Credit Suisse had a relevant interest in
45,192,894 ordinary shares, representing 3.84% of the total Base
Resources ordinary shares on issue and constituting a significant
shareholding for the purposes of the AIM Rules for Companies on
that date.
The decrease in Credit Suisse’s relevant interest was the net
result of the disposal and acquisition of ordinary shares, and the
return of ordinary shares pursuant to a prime brokerage agreement,
in each case, since 23 March
2021.
Excluding shares returned pursuant to a prime brokerage
agreement, Credit Suisse disposed of a total of 1,195,970 shares
for an average price of A$0.287 per
share between 23 March 2021 and 16
August 2021. It acquired 2,008,380 shares for an average
price of A$0.287 per share over the
same period.
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:
James Fuller, Manager Communications
and Investor Relations |
UK Media Relations |
Base Resources |
Tavistock Communications |
Tel: +61 (8) 9413 7426 |
Jos Simson and Gareth Tredway |
Mobile: +61 (0) 488 093 763 |
Tel: +44 (0) 207 920 3150 |
Email:
jfuller@baseresources.com.au |
|
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 (0)8 9413 7400
Fax: +61 (0)8 9322 8912
NOMINATED ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: +61 (0)8 9480 2500
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
JOINT BROKER
Canaccord Genuity
Raj Khatri / James Asensio /
Patrick Dolaghan
Phone: +44 20 7523 8000