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BSE Base Resources Limited

12.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Base Resources Limited LSE:BSE London Ordinary Share AU000000BSE5 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.00 11.75 12.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Iron Ores 271.43M -4.84M -0.0041 -60.98 295M

BASE RESOURCES LIMITED - Notice of Significant Shareholder

17/10/2018 7:24am

PR Newswire (US)


Base Resources (LSE:BSE)
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AIM and Media Release 

17 October 2018

BASE RESOURCES LIMITED
Notice of Significant Shareholder

Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has today received the following notification.  

UBS Group AG has notified the company that it and its related bodies corporate (UBS Group) have a relevant interest in 61,381,904 Base Resources ordinary shares representing 5.26% of total Base Resources ordinary shares on issue, constituting a significant shareholding for the purposes of the AIM Rules for companies.

UBS Group’s interest in Base Resources ordinary shares relates to the following interests held by its related bodies corporate:

Holder of relevant interest Nature of relevant interest Class and number of securities
UBS Securities Australia Ltd Beneficial Owner 47,440,388 fully paid ordinary shares
UBS AG, Australia Branch Prime Broker that has exercised its borrowing right in respect of shares pursuant to a Prime Broking Agreement 13,941,516 fully paid ordinary shares

Consideration given to acquire the relevant interest above in the four months prior to 15 October 2018 was a weighted average of A$0.246 per share for 31,167,715 shares (excluding 31,223,434 shares received under the Prime Broking Agreement).  Consideration received for sales in the four months prior to 15 October 2018 was a weighted average of A$0.280 per share for 27,635,584 shares (excluding 17,281,918 shares returned under the Prime Broking Agreement).

A PDF version 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 Barnaby Hayward
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 Sands 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 1, 50 Kings Park Road
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

Andrew Thomson / Stephen Allen
Phone: +61 (0)8 9480 2500
 

Copyright r 17 PR Newswire

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