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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% | 13.10 | 12.70 | 13.50 | 13.10 | 13.10 | 13.10 | 248 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Iron Ores | 271.43M | -4.84M | -0.0041 | -60.98 | 295M |
TIDMBSE AIM and Media Release 18 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. Bank of America Corporation has notified the company that it and its related bodies corporate (Bank of America) have reduced their interest in Base Resources ordinary shares by a net 19,006,785 shares through a series of sales and acquisitions of Base Resources ordinary shares between 5 January 2018 and 12 October 2018. Consideration received for sales referred to above was a weighted average of A$0.242 per share for 11,025,086 shares (excluding 55,413,916 shares returned under the Prime Brokerage Agreement). Consideration given to acquire shares referred to above was a weighted average of A$0.287 per share for 10,312,729 shares (excluding 37,119,488 shares borrowed under the Prime Brokerage Agreement). Following the net sale, the company understands Bank of America has an interest in 40,316,951 ordinary shares representing 3.46% 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: +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 END
(END) Dow Jones Newswires
October 18, 2018 02:00 ET (06:00 GMT)
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