BASE RESOURCES LIMITED AIM and Media Release
7 September 2021
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 FIL Limited that, as at 3 September 2021, it and FIL Investments International (FIL) had decreased their voting power in Base Resources to 85,078,120 ordinary shares, representing 7.22% of the total Base Resources ordinary shares on issue and constituting a significant shareholding for the purposes of the AIM Rules for Companies.
FIL’s interest in 85,078,120 ordinary shares is held as follows:
| Holder of interest | Nature of interest | Registered holder of shares | Number of ordinary shares |
| FIL Investments International | Investment Discretion / Voting Power |
BROWN BROS HARRIMN LTD LUX (C) | 1,145,100 |
| BROWN BROTHERS HARRIMAN AND CO | 1,543,444 | ||
| JP MORGAN, BOURNEMOUTH (C) | 82,350,693 | ||
| STATE STREET BANK AND TR CO | 38,883 |
The decrease in FIL’s holding for the purposes of the AIM Rules for Companies was the net result of the disposal and acquisition of ordinary shares, in each case, on and from 20 May 2021.
FIL disposed 22,653,330 shares for an average price of A$0.295 per share between 20 May 2021 and 3 September 2021. It acquired 1,755,752 shares for an average price of A$0.309 per share between 20 May 2021 and 1 September 2021.
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 Gareth Tredway |
| 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 3, 46 Colin Street
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
Canaccord Genuity
Raj Khatri / James Asensio / Patrick Dolaghan
Phone: +44 20 7523 8000
