Base Resources Limited Notice of Significant Shareholder

 
TIDMBSE 
 
AIM and Media Release 
 
23 November 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 increased their relevant interest in Base Resources ordinary 
shares by a net 13,102,768 to 74,484,672 ordinary shares, representing 6.38% 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    Beneficial Owner            60,543,156 fully paid 
Ltd                                                     ordinary shares 
 
UBS AG, Australia Branch    Prime Broker that has       13,941,516 fully paid 
                            exercised its borrowing     ordinary shares 
                            right in respect of shares 
                            pursuant to a Prime Broking 
                            Agreement 
 
Consideration given to acquire the increased relevant interest above between 
16 October 2018 and 20 November 2018 was a weighted average of A$0.256 per 
share for 23,366,165 shares.  Consideration received for sales between 
16 October 2018 and 16 November 2018 was a weighted average of A$0.240 per 
share for 10,263,397 shares. 
 
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

November 23, 2018 02:00 ET (07:00 GMT)