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BSE Base Resources Limited

12.50
-0.125 (-0.99%)
Last Updated: 09:14:00
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
  -0.125 -0.99% 12.50 12.25 12.75 12.625 12.40 12.625 583,054 09:14:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Iron Ores 271.43M -4.84M -0.0041 -58.54 283.2M

BASE RESOURCES LIMITED - Notice of Significant Shareholder

14/10/2019 8:36am

PR Newswire (US)


Base Resources (LSE:BSE)
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From Apr 2019 to Apr 2024

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AIM and Media Release 

14 October 2019

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 Corporation) have increased their relevant interest in Base Resources ordinary shares by 22,035,777 to 86,040,171 ordinary shares, representing 7.38% of total Base Resources ordinary shares on issue, constituting a significant shareholding for the purposes of the AIM Rules for Companies.

Bank of America Corporation’s interest in 86,040,171 Base Resources ordinary shares is held as follows: 

Holder of relevant interest Nature of relevant interest Class and number of securities
Merrill Lynch (Australia) Futures Ltd Power to control voting and/or disposal of securities in its capacity as ultimate beneficial owner having a principal position 57,453,861 ordinary shares
Merrill Lynch International (Australia) Ltd Borrowing of securities pursuant to a Prime Brokerage Agreement, with power to control the voting and/or disposal of borrowed securities 28,586,310 ordinary shares

Average consideration given for acquisitions between 2 October 2019 and 10 October 2019 was A$0.2434 per share for 22,035,777 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 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 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

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

JOINT BROKER
Berenberg

Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800

JOINT BROKER
Numis Securities Limited

John Prior / James Black / Paul Gillam
Phone: +44 20 7260 1000
 

Copyright r 14 PR Newswire

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