FY21 Full-Year Dividend – Key dates and infor...

AIM and Media Release 

30 August 2021

BASE RESOURCES LIMITED
FY21 Full-Year Dividend – Key dates and information

African mineral sands producer, Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) provides the following information about the full-year dividend of AUD 4.0 cents per share, unfranked (FY21 Full-Year Dividend) that the Company’s Board has determined to pay and which was announced today.

Key dates

The key dates for the FY21 Full-Year Dividend are as follows:

Event	Date
Ex-date	Friday, 10 September 2021
Record date Date of exchange rate used for conversion to GBP	Monday, 13 September 2021
Announcement of exchange rate and dividend amount in GBP	Wednesday, 15 September 2021
Payment date	Wednesday, 29 September 2021

Payment currency and method

The FY21 Full-Year Dividend has been determined in Australian dollars, but will be paid to depositary interest holders in British pounds sterling by direct credit or cheque. 

The FY21 Full-Year Dividend will be converted to British pounds sterling based on the AUD/GBP exchange rate on the record date (Monday, 13 September 2021).

To facilitate prompt payment and receipt of the FY21 Full-Year Dividend, depositary interest holders are encouraged to receive their dividend payment by direct credit. 

It is intended that the FY21 Full-Year Dividend will be the final occasion where cheque will be offered as a payment method from the Company, with any future cash dividends to be paid by way of direct credit only – see below for details about how depositary interest holders may provide their banking details in preparation for the move to mandatory direct credit.

Conduit foreign income

The FY21 Full-Year Dividend will be wholly paid from Conduit Foreign Income.  Accordingly, non-Australian resident depositary interest holders will not be subject to any Australian dividend withholding tax on the FY21 Full-Year Dividend.

Shareholder banking and tax information

Dividend payments will be made, and any required withholdings by Base Resources in respect of taxes will be determined, based on applicable information provided to the depositary interest holder trustee, Computershare.  To provide or update your banking details and ensure your other information is up to date, depositary interest holders should visit www.investorcentre.co.uk and register an account or login to an existing account in respect of their holding by 5.00 pm (London time) on Monday, 13 September 2021.

Depositary interest holders may also provide or update their banking details by completing a Dividend Mandate Form and returning that form to Computershare.  To facilitate the intended transition to mandatory direct credit for any future cash dividends, depositary interest holders that are paid the FY21 Full-Year Dividend by cheque will also be sent a personalised Dividend Mandate Form and a reply-paid envelope.

Dividend Mandate Forms can also be obtained by contacting Computershare:

• by phone on [phone] between 8.30 am and 5.30 pm (London time) Monday to Friday (excluding public holidays); or
• by email at [e-mail].  

Dividend Mandate Forms should be returned to Computershare by post to: Computershare Investor Services PLC, The Pavilions, Bridgwater Road, Bristol, BS99 6ZZ, United Kingdom

ENDS.

For further information contact:

James Fuller, Manager Communications and Investor Relations	UK Media 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
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RFC Ambrian Limited
Stephen Allen
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Berenberg
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Canaccord Genuity
Raj Khatri / James Asensio / Patrick Dolaghan
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