17:00 Mon 11 May 2020
BASE RESOURCES LIMITED - Notice of change of Significant Shareholder
AIM and Media Release
Notice of change of Significant Shareholder
(ASX & AIM: BSE) () advises that it has received notification from UBS Group AG and its related bodies corporate () that, on , reduced their voting power in by 25,536,738 ordinary shares.
understands that, as at , had a relevant interest in 44,591,300 ordinary shares, representing 3.81% of the total ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies on that date.
The decrease in UBS’s relevant interest was the net result of the disposal and acquisition of ordinary shares, and the return and borrowing of ordinary shares pursuant to prime brokerage agreements, in each case, since .
disposed of 60,047,582 shares for an average price of per share between and (excluding any shares returned pursuant to a prime brokerage agreement). It acquired 34,510,844 shares for an average price of per share between and (excluding any shares borrowed pursuant to a prime brokerage agreement).
ENDS.
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About
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 and is developing the in Madagascar. is an ASX and AIM listed company. Further details about are available at
Level 1,
, 6005
Email:
Phone: +61 (0)8 9413 7400
Fax: +61 (0)8 9322 8912PRINCIPAL & REGISTERED OFFICE
Phone: +61 (0)8 9480 2500NOMINATED ADVISOR
/ Detlir Elezi
Phone: +44 20 3207 7800JOINT BROKER
Berenberg
/ /
Phone: +44 20 7260 1000JOINT BROKER
, and Investor Media Relations Relations Tel: +61 (8) 9413 7426 and Mobile: +61 (0) 488 093 763 Tel: +44 (0) 207 920 3150 Email:James Fuller Jos Simson Barnaby Hayward Manager Communications Base Resources Tavistock Communications UK jfuller@baseresources.com.au
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