AIM
and Media Release
16 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 Mitsubishi UFJ Financial
Group, Inc. (MUFG)
that, as at 13 August
2024, MUFG 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.
MUFG’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
|
Mitsubishi
UFJ Financial Group, Inc
|
Relevant
interest in securities that First Sentier Investors Holdings Pty
Limited has a relevant interest in under section 608(3) of the
Corporations Act as Mitsubishi UFJ Financial Group, Inc. has voting
power of 100% in First Sentier Investors Holdings Pty
Limited.
|
41,314,416
|
|
JP MORGAN
CHASE
|
Mitsubishi
UFJ Financial Group, Inc
|
3,993,108
|
|
National
Australian bank
|
Mitsubishi
UFJ Financial Group, Inc
|
12,881,679
|
|
Morgan
Stanley Australia Securities (Nominee) Pty Limited
|
Mitsubishi
UFJ Financial Group, Inc
|
Relevant
interest in securities that Morgan Stanley has a relevant interest
in under section 608(3) of the Corporations Act as Mitsubishi UFJ
Financial Group, Inc. has voting power of over 20% in Morgan
Stanley.
|
41,716,548
|
In the
notice of its increase in its voting power, MUFG disclosed
acquisitions and disposals of ordinary shares which occurred during
the period from 27 May 2024 to
13 August 2024 (each
inclusive).
During
that period, the acquisition of 16,258,166 ordinary shares was
disclosed for an average price of A$0.269 per share and the disposal of 3,374,293
ordinary shares was disclosed for an average 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.
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