Base Resources Limited Shares issued under Retail Entitlement Offer
22 January 2018 - 6:00PM
UK Regulatory
TIDMBSE
AIM and Media Release
22 January 2018
BASE RESOURCES LIMITED
Shares issued under Retail Entitlement Offer
Base Resources Limited (ASX & AIM: BSE) (Base Resources) is pleased to advise
the completion of the retail component (Retail Entitlement Offer) of the 1 for
3 accelerated renounceable pro rata entitlement offer announced on Tuesday,
19 December 2017 (Entitlement Offer).
Base Resources has today issued 30,306,450 new fully paid ordinary shares (New
Shares) pursuant to the Retail Entitlement Offer, raising gross proceeds of
approximately A$7.7 million. These New Shares rank equally in all regards with
existing Base Resources ordinary shares and are to commence trading on ASX
tomorrow. The New Shares are expected to be admitted to trading on AIM on or
around 24 January 2018.
Base Resources raised total gross proceeds of approximately A$97 million
pursuant to the institutional placement and institutional and retail components
of the Entitlement Offer.
The Retail Entitlement Offer was well supported by the Base Resources Board and
management. Set out below are updated shareholding details for those persons
classified as "persons discharging managerial responsibilities" for the
purposes of the Market Abuse Regulation (EU).
Name New Shares subscribed for Total holding of shares
(direct and indirect)
Directors
Keith Spence (Non-Executive 166,667 666,667
Chairman)
Tim Carstens (Managing 536,992 2,655,640
Director)
Colin Bwye (Executive 430,000 3,158,865
Director)
Sam Willis (Non-Executive 66,667 266,667
Director)
Management
Kevin Balloch 155,190 620,759
Colin Forbes 182,067 758,302
Andre Greyling 488,021 1,952,081
Stephen Hay 132,459 529,837
Chadwick Poletti 37,957 171,947
Denham Vickers 63,584 651,392
The issued capital of Base Resources following the issue of the New Shares is:
* 1,127,575,014 fully paid ordinary shares.
* 61,425,061 options (exercise price of A$0.40, expiring 31 December 2018).
* 71,281,661 performance rights issued pursuant to the terms of the Base
Resources Long Term Incentive Plan.
ENDS.
CORPORATE PROFILE
Directors
Keith Spence (Non-Executive Chairman)
Tim Carstens (Managing Director)
Colin Bwye (Executive Director)
Sam Willis (Non-Executive Director)
Michael Stirzaker (Non-Executive Director)
Malcolm Macpherson (Non-Executive Director)
Company Secretary
Chadwick Poletti
NOMINATED ADVISOR & BROKERS
RFC Ambrian Limited
As Nominated Adviser:
Andrew Thomson / Stephen Allen
Phone: +61 (0)8 9480 2500
As Joint Broker:
Jonathan Williams
Phone: +44 20 3440 6800
Numis Securities Limited
As Joint Broker:
John Prior / James Black / Paul Gillam
Phone: +44 20 7260 1000
SHARE REGISTRY: ASX
Computershare Investor Services Pty Limited
Level 11, 172 St Georges Terrace
PERTH WA 6000
Enquiries: 1300 850 505 / +61 (3) 9415 4000
www.computershare.com.au
SHARE REGISTRY: AIM
Computershare Investor Services PLC
The Pavilions
Bridgwater Road
BRISTOL BS99 6ZZ
Enquiries: +44 (0) 870 702 0003
www.computershare.co.uk
AUSTRALIAN MEDIA RELATIONS
Cannings Purple
Andrew Rowell
arowell@canningspurple.com.au
Phone: +61 (0)8 6314 6300
UK MEDIA RELATIONS
Tavistock Communications
Jos Simson / Barnaby Hayward
Phone: +44 (0) 207 920 3150
KENYA MEDIA RELATIONS
Africapractice (East Africa)
Evelyn Njoroge / Joan Kimani
Phone: +254 (0)20 239 6899
Email: jkimani@africapractice.com
PRINCIPAL & REGISTERED OFFICE
Level 1, 50 Kings Park Road
West Perth, Western Australia, 6005
Email: info@baseresources.com.au
Phone: +61 (0)8 9413 7400
Fax: +61 (0)8 9322 8912
END
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