Base Resources Limited - Notice of change of interests by Significant Shareholder
PR Newswire
LONDON, United Kingdom, August 16
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
