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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 0.0% 14.00 13.50 14.50 14.00 14.00 14.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 115.9 25.4 1.9 7.5 165

BASE RESOURCES LIMITED - Notice of change of Significant Shareholder

10/06/2020 7:00am

PR Newswire (US)


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AIM and Media Release 

10 June 2020

BASE RESOURCES LIMITED
Notice of change of Significant Shareholder

Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) advises that it has today received notification from UBS Group AG that, as at 5 June 2020, it and its related bodies corporate (UBS) had voting power in 65,591,302 ordinary shares in Base Resources, representing 5.60% of the total Base Resources ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies on that date.

UBS’s interest in 65,591,302 ordinary shares was held as follows:

Holder of interest Nature of interest Registered holder of shares Number of ordinary shares
UBS AG London Branch Power to control disposal over shares pursuant to stock borrowing and lending activities Various Custodians 40,000,000
UBS Securities Australia Ltd Beneficial Owner Brispot Nominees Pty Ltd 25,591,302

UBS acquired 117,808,921 shares for an average price of A$0.191 per share between 7 February 2020 and 5 June 2020 (excluding any securities borrowed pursuant to a securities lending agreement).  It disposed of 113,820,634 shares for an average price of A$0.181 per share between 6 February 2020 and 1 May 2020 (excluding any shares returned pursuant to a securities lending agreement).  

A copy 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 e 10 PR Newswire

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