AIM and Media Release
13 January 2023
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
FIL Limited and FIL Investments International (together,
FIL) that, as at 11 January
2023, FIL had decreased its voting power in Base Resources
to 87,809,331 ordinary shares, representing 7.45% of the total Base
Resources ordinary shares on issue and constituting a significant
shareholding for the purposes of the AIM Rules for Companies.
FIL’s interest in 87,809,331 ordinary shares is held as
follows:
Nature of FIL’s interest |
Holder of interest |
Registered holder of
shares |
Number of ordinary
shares |
Investment
Discretion / Voting Power |
FIL Investments
International |
Brown Brothers Harriman and Co |
2,422,308 |
JP Morgan, Bournemouth
(C) |
85,387,023 |
The decrease in FIL’s holding for the purposes of the AIM Rules
for Companies was the result of the disposal of ordinary shares
during the period from 21 December
2022 to 11 January 2023.
During this period, FIL disposed 13,454,279 shares for an
average price of A$0.231 per
share. FIL did not acquire any shares 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