AIM and Media Release
7 February 2019
BASE RESOURCES LIMITED
Notice of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) advises that it has today received the following
notification.
UBS Group AG has notified the company that it and its related
bodies corporate (UBS Group) have increased their relevant
interest in Base Resources ordinary shares by a net 11,942,333 to
86,427,005 ordinary shares, representing 7.41% of total Base
Resources ordinary shares on issue, constituting a significant
shareholding for the purposes of the AIM Rules for Companies.
UBS Group’s interest in Base Resources ordinary shares relates
to the following interests held by its related bodies
corporate:
| Holder of relevant
interest |
Nature of relevant
interest |
Class and number of
securities |
| UBS Securities Australia Ltd |
Beneficial Owner |
72,485,489 fully paid ordinary
shares |
| UBS AG, Australia Branch |
Prime Broker that has exercised its
borrowing right in respect of shares pursuant to a Prime Broking
Agreement |
13,941,516 fully paid ordinary
shares |
Consideration given to acquire the increased relevant interest
above between 22 November 2018 and 5 February 2019 was a
weighted average of A$0.2425 per
share for 12,188,398 shares. Consideration received for sales
between 21 November 2018 and 21 January 2019 was a
weighted average of A$0.2361 per
share for 246,065 shares.
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:
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 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
NOMINATED ADVISOR
RFC Ambrian Limited
Andrew Thomson / Stephen Allen
Phone: +61 (0)8 9480 2500