16th Dec 2019 07:00
BASE RESOURCES LIMITED - Notice of change of Significant ShareholderBASE RESOURCES LIMITED - Notice of change of Significant Shareholder
PR Newswire
London, December 16
AIM and Media Release
16 December 2019
BASE RESOURCES LIMITEDNotice of change of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has today received notification from Credit Suisse Holdings (Australia) Limited on behalf of Credit Suisse Group AG and its affiliates (Credit Suisse) that, on 11 December 2019, Credit Suisse reduced its voting power in Base Resources by 9,238,158 ordinary shares.
Accordingly, Base Resources understands that, as at 11 December 2019, Credit Suisse had a relevant interest in 54,496,783 ordinary shares, representing 4.65% of the total Base Resources ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies.
The decrease in Credit Suisse’s holding for the purposes of the AIM Rules for Companies was the result of the return of ordinary shares pursuant to prime brokerage agreements.
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 Barnaby Hayward |
| 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 1, 50 Kings Park RoadWest 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
JOINT BROKERBerenbergMatthew Armitt / Detlir EleziPhone: +44 20 3207 7800
JOINT BROKERNumis Securities LimitedJohn Prior / James Black / Paul GillamPhone: +44 20 7260 1000
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