AIM and Media Release
12 December 2019
BASE RESOURCES LIMITED
Notice of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base
Resources) advises that it has today received notification from
Credit Suisse Holdings (Australia)
Limited on behalf of Credit Suisse Group AG and its affiliates
(Credit Suisse) that it has a relevant interest in
63,734,941 Base Resources ordinary shares representing 5.44% of
total Base Resources ordinary shares on issue, constituting a
significant shareholding for the purposes of the AIM Rules for
companies.
Credit Suisse’s interest in Base Resources ordinary shares is
held as follows:
| Holder of relevant
interest |
Nature of relevant
interest |
Class and number of
securities |
| Credit Suisse Equities (Australia)
Limited (ACN 068 232 708) |
Voting rights and right to
dispose |
28,966,133 fully paid ordinary
shares |
| Credit Suisse
Securities (Europe) Limited (ARBN 099554131) |
Holder of securities
subject to an obligation to return under a securities lending
agreement |
34,768,808 fully paid
ordinary shares |
Consideration given to acquire the relevant interest above in
the period between 12 August 2019 and 28 November 2019
was a weighted average of A$0.243 per
share for 45,481,068 shares (excluding 50,485,069 shares borrowed
under the Master Prime Brokerage Agreement). Consideration
received for sales in the period between 16 August 2019 and
26 November 2019 was a weighted average of A$0.244 per share for 38,100,976 shares
(excluding 45,072,869 shares returned under the Master Prime
Brokerage 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:
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
Stephen Allen
Phone: +61 (0)8 9480 2500
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
JOINT BROKER
Numis Securities Limited
John Prior / James Black / Paul
Gillam
Phone: +44 20 7260 1000