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Change of Interests of Substantial Shareholders

14th Mar 2016 07:00

BASE RESOURCES LIMITED - Change of Interests of Substantial Shareholders

BASE RESOURCES LIMITED - Change of Interests of Substantial Shareholders

PR Newswire

London, March 14

AIM and Media Release 

14 March 2016

BASE RESOURCES LIMITEDChange of Interests of Substantial Shareholders

Base Resources Limited (ASX & AIM: BSE) ("Base Resources") advises that following completion of the institutional component of its accelerated renounceable pro rata entitlement offer as announced on 11 March 2016 (“Institutional Entitlement Offer”) and the issue of fully paid ordinary shares at A$0.06 (“Offer Price”) under that offer, the updated holdings of Base Resources’ substantial shareholders are as follows:

Pacific Road Capital was issued a total of 34,238,772 Base Resources shares on 11 March 2016 at the Offer Price for total consideration of A$2,054,326 and as at 11 March 2016 held an interest in Base Resources shares of 21.23%. Hunter Hall Investment Management Limited was issued a total of 47,211,085 Base Resources shares on 11 March 2016 at the Offer Price for total consideration of A$2,832,665 and as at 11 March 2016 held an interest in Base Resources shares of 18.79%. Sustainable Capital Limited was issued a total of 33,459,858 Base Resources shares on 11 March 2016 at the Offer Price for total consideration of A$2,007,591 and as at 11 March 2016 held an interest in Base Resources shares of 15.97%. Taurus Funds Management acquired a total of 423,038 Base Resources shares between 19 June 2015 and 26 June 2016 for total consideration of A$59,341 and as at 14 March 2016 held an interest in Base Resources shares of 14.94%.

The above information is based on notifications received today or is otherwise based on Base Resources’ calculations following completion of the Institutional Entitlement Offer. It is expected that the interests noted above will change slightly following completion of the retail component of the entitlement offer (expected on or about Thursday, 7 April 2016).

Full PDF versions of the notices referred to in this release are available from www.asx.com.au and on the company’s website: www.baseresources.com.au.

ENDS.

CORPORATE PROFILEDirectorsKeith Spence (Non-Executive Chairman)Tim Carstens (Managing Director)Colin Bwye (Executive Director)Sam Willis (Non-Executive Director)Michael Anderson (Non-Executive Director)Michael Stirzaker (Non-Executive Director)Malcolm Macpherson (Non-Executive Director)Company SecretaryChadwick PolettiNOMINATED ADVISOR & BROKERRFC Ambrian LimitedAs Nominated Adviser:Andrew Thomson / Stephen AllenPhone: +61 (0)8 9480 2500As Broker:Jonathan WilliamsPhone: +44 20 3440 6800SHARE REGISTRY: ASXComputershare Investor Services Pty LimitedLevel 11, 172 St Georges TerracePERTH WA 6000Enquiries: 1300 850 505 / +61 (3) 9415 4000www.computershare.com.auSHARE REGISTRY: AIMComputershare Investor Services PLCThe PavilionsBridgwater RoadBRISTOL BS99 6ZZEnquiries: +44 (0) 870 702 0003www.computershare.co.ukAUSTRALIAN MEDIA RELATIONSCannings PurpleWarrick Hazeldine / Annette EllisEmail: [email protected] /[email protected]Phone: +61 (0)8 6314 6300UK MEDIA RELATIONSTavistock CommunicationsJos Simson / Emily FentonPhone: +44 (0) 207 920 3150KENYA MEDIA RELATIONSAfricapractice (East Africa)Evelyn Njoroge / James Njuguna/Joan KimaniPhone: +254 (0)20 239 6899Email: [email protected]PRINCIPAL & REGISTERED OFFICELevel 1, 50 Kings Park RoadWest Perth, Western Australia, 6005Email: [email protected]Phone: +61 (0)8 9413 7400Fax: +61 (0)8 9322 8912


Related Shares:

Base Resources
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Value8,602.92
Change-2.06