AIM
and Media Release
15 August 2024
Base
Resources Limited
Notice
of change of interests by Significant
Shareholder
Base
Resources Limited (ASX & AIM: BSE) (Base
Resources) advises
that it has received notification from First Sentier Investors
Holdings Pty Limited and certain of its related bodies corporate
and associates (First
Sentier) that, as
at 13 August
2024, First Sentier had increased its voting power in Base
Resources from 87,021,878 ordinary shares to 99,905,751 ordinary
shares representing 7.39% and 8.48%, respectively, of the total
Base Resources ordinary shares in issue. This constitutes a
significant shareholding for the purposes of the AIM Rules for
Companies.
First
Sentier’s interest in 99,905,751 ordinary shares is held as
follows:
|
Registered
holder of shares
|
Holder
of interest
|
Nature
of interest
|
Number
of ordinary shares
|
|
Citibank N
A Hong Kong
|
First
Sentier Investors RQI Pty Ltd
|
Relevant
interest under paragraph 608(1)(b) and/or 608(1)(c) of the
Corporations Act 2001 (Cth), being a relevant interest arising from
having the power to control the exercise of the right to vote
attached to securities and/or to control the exercise of the power
to dispose of securities in its capacity as investment manager, as
provided for under its investment mandates. In addition, if any OTC
derivatives, warrants or other securities (other than ordinary
shares or ordinary units (as applicable)) are referred to below in
this row, the relevant interest in respect of those securities
arises under subsection 608(8) being an accelerated relevant
interest held in the same capacity.
|
41,314,416
|
|
JP MORGAN
CHASE
|
First
Sentier Investors RQI Pty Ltd
|
3,993,108
|
|
National
Australian bank
|
First
Sentier Investors RQI Pty Ltd
|
12,881,679
|
|
Mitsubishi
UFJ Financial Group
|
Mitsubishi
UFJ Financial Group
|
Mitsubishi
UFJ Financial Group Inc. (MUFG) owns 100% of First Sentier
Investors Holdings Pty Limited (indirectly) and has informed First
Sentier Investors Holdings Pty Limited that it has a relevant
interest in the shares noted in this column. Accordingly, First
Sentier Investors Holdings Pty Limited has a relevant interest or
voting power in those shares pursuant to section 608(3) or section
12(2)(a) of the Corporations Act (as relevant). MUFG has not
provided any further details of that relevant interest -
accordingly no transaction information is recorded in Appendix B or
holder information is recorded in Section 4 in the full copy of
notice available from the company’s website (refer below for the
website address). Reference is made to any subsequent filing of
MUFG which will reflect this interest.
|
41,716,548
|
In the
notice of its increase in its voting power, First Sentier disclosed
acquisitions of ordinary shares which occurred during the period
from 27 May 2024 to 2 August 2024 (each
inclusive).
The
acquisitions disclosed were for a total of 5,310,616 ordinary
shares for an average price of
A$0.273 per share.
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:
|
Australian
Media Relations
|
UK Media
Relations
|
|
Sodali
& Co
|
Tavistock
Communications
|
|
Cameron
Gilenko and Michael Weir
|
Jos Simson
and Gareth Tredway
|
|
Tel: +61 8
6160 4900
|
Tel: +44
207 920 3150
|
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
ADVISER & JOINT BROKER
Canaccord
Genuity Limited
James Asensio / Raj Khatri / George
Grainger
Phone: +44
20 7523 8000
JOINT
BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44
20 3207 7800