21st May 2021 10:56
BASE RESOURCES LIMITED - Notice of change of Significant ShareholderBASE RESOURCES LIMITED - Notice of change of Significant Shareholder
PR Newswire
London, May 21
AIM and Media Release
21 May 2021
BASE RESOURCES LIMITEDNotice 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: [email protected] |
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 OFFICELevel 3, 46 Colin StreetWest Perth, Western Australia, 6005Email: [email protected]Phone: +61 (0)8 9413 7400Fax: +61 (0)8 9322 8912
NOMINATED ADVISORRFC Ambrian LimitedStephen AllenPhone: +61 (0)8 9480 2500
BROKERBerenbergMatthew Armitt / Detlir EleziPhone: +44 20 3207 7800
Related Shares:
Base Resources