11th Oct 2018 09:13
BASE RESOURCES LIMITED - Notice of change of Substantial ShareholderBASE RESOURCES LIMITED - Notice of change of Substantial Shareholder
PR Newswire
London, October 11
AIM and Media Release
11 October 2018
BASE RESOURCES LIMITEDNotice of change of Substantial Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has today received the following notification.
Pacific Road Capital has notified the company that its voting power in Base Resources ordinary shares has decreased from 22.1% to 20.8% due to dilution following completion of the retail component of the company’s capital raise in January 2018 and the issue of shares upon vesting of performance rights pursuant to the Base Resources Long Term Incentive Plan announced on 4 October 2018.
Pacific Road Capital’s interest in 242,953,106 Base Resources ordinary shares remains unchanged as follows:
| Holder of relevant interest | Nature of relevant interest | Class and number of securities |
| Pacific Road Capital II Pty Limited | Registered holder of shares | 29,831,018 |
| Pacific Road Capital Management GP II Limited | Registered holder of shares | 213,122,088 |
A PDF version 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 Sands 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 LimitedAndrew Thomson / Stephen AllenPhone: +61 (0)8 9480 2500
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