Base Resources Limited Notice of Significant Shareholder

 
TIDMBSE 
 
AIM and Media Release 
 
12 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 reduced their interest in Base Resources ordinary shares by a 
net 14,122,410 shares through a series of sales and acquisitions of Base 
Resources ordinary shares between 26 September 2018 and 10 October 2018. 
 
Consideration received for sales referred to above was a weighted average of 
A$0.28 per share for 15,038,313 shares.  Consideration given to acquire shares 
referred to above was a weighted average of A$0.27 per share for 915,903 
shares. 
 
Following the net sale, the company understands UBS Group has an interest in 
46,400,802 ordinary shares representing 3.98% of total Base Resources ordinary 
shares on issue, constituting a significant shareholding for the purposes of 
the AIM Rules for companies. 
 
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         UK Media Relations 
Investor Relations 
 
Base Resources                                     Tavistock Communications 
 
Tel: [phone]                             Jos Simson and Barnaby Hayward 
 
Mobile: [phone]                        Tel: [phone] 
 
Email: [e-mail] 
 
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:  [e-mail] 
Phone: [phone] 
Fax: [phone] 
 
NOMINATED ADVISOR 
RFC Ambrian Limited 
Andrew Thomson / Stephen Allen 
Phone: [phone] 
 
 
 
 
END 
 

(END) Dow Jones Newswires

October 12, 2018 04:48 ET (08:48 GMT)