Base Resources Limited Notice of change of interests by Significant Shareholder
December 22 2022 - 2:00AM
UK Regulatory
TIDMBSE
AIM and Media Release
22 December 2022
BASE RESOURCES LIMITED
Notice of change of interests by Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has
today received notification from FIL Limited and FIL Investments International
(together, FIL) that, as at 20 December 2022, FIL had decreased its voting
power in Base Resources to 101,263,610 ordinary shares, representing 8.60% 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 101,263,610 ordinary shares is held as follows:
Nature of FIL's Holder of interest Registered holder of Number of ordinary
interest shares shares
Investment FIL Investments Brown Brothers 3,373,332
Discretion / Voting International Harriman and Co
Power
JP Morgan, 97,890,278
Bournemouth (C)
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 during
the period from 13 October 2021 to 20 December 2022.
During this period, FIL disposed 39,324,464 shares for an average price of
A$0.291 per share. FIL also acquired 26,834,493 shares for an average price of
A$0.310 per share between 3 December 2021 and 28 October 2022.
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 UK Media Relations
Relations
Base Resources Tavistock Communications
Tel: +61 8 9413 7426 Jos Simson and Gareth Tredway
Mobile: +61 488 093 763 Tel: +44 207 920 3150
Email: jfuller@baseresources.com.au
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 OFFICE
Level 3, 46 Colin Street
West Perth, Western Australia, 6005
Email: info@baseresources.com.au
Phone: +61 8 9413 7400
Fax: +61 8 9322 8912
NOMINATED ADVISOR
RFC Ambrian Limited
Stephen Allen
Phone: +61 8 9480 2500
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
JOINT BROKER
Canaccord Genuity
Raj Khatri / James Asensio / Patrick Dolaghan
Phone: +44 20 7523 8000
END
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