Base Resources Limited Notice of change of interests by Significant Shareholder

 
TIDMBSE 
 
AIM and Media Release 
 
14 December 2022 
 
BASE RESOURCES LIMITED 
Notice of change of interests by Significant Shareholder 
 
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has 
today received notification from Regal Funds Management Pty Limited and its 
associates (together, Regal) that, as at 12 December 2022, Regal had decreased 
its voting power in Base Resources to 70,162,714 ordinary shares, representing 
5.96% of the total Base Resources ordinary shares on issue and constituting a 
significant shareholding for the purposes of the AIM Rules for Companies. 
 
Regal's interest in 70,162,714 ordinary shares is held as follows: 
 
Nature of Regal's    Registered holder of Person entitled to be    Number of ordinary 
interest             shares                registered as holder                shares 
 
Power to control the UBS Nominees Pty Ltd     UBS AG, Australia            13,005,836 
exercise of a power                                      branch 
to dispose of 
securities 
 
Power to control the Merrill Lynch (Aus)          Merrill Lynch            33,483,140 
exercise of a power  Nominees Pty Ltd     International Limited 
to dispose of 
securities 
 
Power to control the J.P. Morgan Prime    J.P Morgan Securities            23,673,738 
exercise of a power  Nominees Ltd                           PLC 
to dispose of 
securities 
 
The decrease in Regal's holding for the purposes of the AIM Rules for Companies 
was the result of the disposal of ordinary shares during the period from 23 
November 2022 to 12 December 2022.  During this period, Regal disposed 
22,090,428 shares for an average price of A$0.208 per share.  No shares were 
acquired during this period. 
 
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  UK Media Relations 
Relations 
 
Base Resources                                     Tavistock Communications 
 
Tel: [phone]                               Jos Simson and Gareth Tredway 
 
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 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 3, 46 Colin Street 
West Perth, Western Australia, 6005 
Email:  [e-mail] 
Phone: [phone] 
Fax: [phone] 
 
NOMINATED ADVISOR 
RFC Ambrian Limited 
Stephen Allen 
Phone: [phone] 
 
JOINT BROKER 
Berenberg 
Matthew Armitt / Detlir Elezi 
Phone: [phone] 
 
JOINT BROKER 
Canaccord Genuity 
Raj Khatri / James Asensio / Patrick Dolaghan 
Phone: [phone] 
 
 
 
 
END 
 
 

(END) Dow Jones Newswires

December 14, 2022 03:00 ET (08:00 GMT)