AIM and Media Release
14 December 2022
BASE RESOURCES LIMITED
Notice of change of interests by Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) advises that it has today received notification from
Regal Funds Management Pty Limited and its associates (together,
Regal) that, as at 12 December
2022, Regal had decreased its voting power in Base Resources
to 70,162,714 ordinary shares, representing 5.96% of the total Base
Resources ordinary shares on issue and constituting a significant
shareholding for the purposes of the AIM Rules for Companies.
Regal’s interest in 70,162,714 ordinary shares is held as
follows:
Nature of Regal’s
interest |
Registered holder of
shares |
Person entitled to
be registered as holder |
Number of ordinary
shares |
Power to control the exercise of a
power to dispose of securities |
UBS Nominees Pty Ltd |
UBS AG, Australia
branch |
13,005,836 |
Power to control the
exercise of a power to dispose of securities |
Merrill Lynch (Aus)
Nominees Pty Ltd |
Merrill
Lynch International Limited |
33,483,140 |
Power to control the
exercise of a power to dispose of securities |
J.P. Morgan Prime
Nominees Ltd |
J.P
Morgan Securities PLC |
23,673,738 |
The decrease in Regal’s holding for the purposes of the AIM
Rules for Companies was the result of the disposal of ordinary
shares during the period from 23 November
2022 to 12 December 2022. During this period, Regal
disposed 22,090,428 shares for an average price of A$0.208 per share. No shares were acquired
during this 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: +61 488 093 763 |
Tel: +44 207 920 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 8 9413 7400
Fax: +61 8 9322 8912
NOMINATED ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: +61 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