Notice of change of Significant Shareholder

AIM and Media Release 

21 May 2021

BASE RESOURCES LIMITED
Notice of change of Significant Shareholder

Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has today received notification from FIL Limited that, as at 19 May 2021, it and FIL Investments International (FIL) had decreased their voting power in Base Resources to 105,975,698 ordinary shares, representing 9.00% of the total Base Resources ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies.

FIL’s interest in 105,975,698 ordinary shares is held as follows:

Holder of interest Nature of interest Registered holder of shares Number of ordinary shares
FIL Investments International Investment Discretion / Voting Power BROWN BROS HARRIMN
LTD LUX (C)
17,041,772
BROWN BROTHERS HARRIMAN AND CO 3,655,199
JP MORGAN, BOURNEMOUTH (C) 85,239,844
FIL Limited Investment Discretion / Voting Power STATE STREET BANK AND TR CO 38,883

The decrease in FIL’s holding for the purposes of the AIM Rules for Companies was the net result of the disposal and acquisition of ordinary shares, in each case, on and from 12 March 2020. 

FIL disposed 61,124,783 shares for an average price of A$0.268 per share between 12 March 2020 and 19 May 2021.  It acquired 49,939,504 shares for an average price of A$0.265 per share between 18 March 2020 and 30 April 2021.

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 Gareth Tredway
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 3, 46 Colin Street
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

BROKER
Berenberg

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

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