Base Resources Limited Notice of change of Significant Shareholder
26 Marzo 2020 - 3:26AM
UK Regulatory
TIDMBSE
AIM and Media Release
26 March 2020
BASE RESOURCES LIMITED
Notice of change of Significant Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has
today received notification from Bank of America Corporation that, on 23 March
2020, it and its related bodies corporate (Bank of America) had reduced their
voting power in Base Resources by 14,990,718 ordinary shares.
Base Resources understands that, as at 23 March 2020, Bank of America had a
relevant interest in 54,280,792 ordinary shares, representing 4.63% of the
total Base Resources ordinary shares on issue and constituting a significant
shareholding for the purposes of the AIM Rules for Companies on that date.
The decrease in Bank of America's relevant interest was the result of the
return of ordinary shares pursuant to prime brokerage agreements since 14 March
2020. During the period from (and including) 14 March 2020 until (and
including) 23 March 2020, Bank of America did not otherwise dispose of or
acquire a relevant interest in any Base Resources ordinary shares.
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 UK Media Relations
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
END
(END) Dow Jones Newswires
March 26, 2020 05:26 ET (09:26 GMT)
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