10th Jun 2020 07:00
BASE RESOURCES LIMITED - Notice of change of Significant ShareholderBASE RESOURCES LIMITED - Notice of change of Significant Shareholder
PR Newswire
London, June 10
AIM and Media Release
10 June 2020
BASE RESOURCES LIMITEDNotice of change of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) advises that it has today received notification from UBS Group AG that, as at 5 June 2020, it and its related bodies corporate (UBS) had voting power in 65,591,302 ordinary shares in Base Resources, representing 5.60% of the total Base Resources ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies on that date.
UBS’s interest in 65,591,302 ordinary shares was held as follows:
| Holder of interest | Nature of interest | Registered holder of shares | Number of ordinary shares |
| UBS AG London Branch | Power to control disposal over shares pursuant to stock borrowing and lending activities | Various Custodians | 40,000,000 |
| UBS Securities Australia Ltd | Beneficial Owner | Brispot Nominees Pty Ltd | 25,591,302 |
UBS acquired 117,808,921 shares for an average price of A$0.191 per share between 7 February 2020 and 5 June 2020 (excluding any securities borrowed pursuant to a securities lending agreement). It disposed of 113,820,634 shares for an average price of A$0.181 per share between 6 February 2020 and 1 May 2020 (excluding any shares returned pursuant to a securities lending agreement).
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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