AIM and Media Release
6 October 2017
BASE RESOURCES LIMITED
Vesting of 2014 cycle of performance rights
Base Resources Limited (ASX & AIM: BSE) ("Base Resources" or the "Company") advises that, following performance testing of the 2014 cycle of rights issued pursuant to the Base Resources Long Term Incentive Plan ("LTIP") as at 30September 2017, a total of 4,961,983 new fully paid ordinary shares ("New Shares") in Base Resources have today been issued for the benefit of LTIP participants. In accordance with the terms of the LTIP, the New Shares were issued for nil cash consideration.
Following allocation of the New Shares, set out below are updated shareholding details for those employees classified as "persons discharging managerial responsibilities" for the purposes of the Market Abuse Regulation (EU).
| Name | New Shares allocated | Total holding of shares (direct and non-direct) | |
| Tim Carstens | 890,126 | 2,118,648 | |
| Colin Bwye | 890,126 | 2,728,865 | |
| Kevin Balloch | 356,621 | 465,569 | |
| Colin Forbes | 445,589 | 576,235 | |
| Andrew Greyling | 52,906 | 1,464,060 | |
| Stephen Hay | 397,378 | 397,378 | |
| Chadwick Poletti | 113,873 | 133,990 | |
| Joe Schwarz | 382,182 | 668,267 | |
| Denham Vickers | 397,056 | 587,808 |
Following issue of the New Shares, the Company has the following securities on issue:
- 747,193,939 fully paid ordinary shares.
- 61,425,061 options (exercisable at A$0.40 on or before 31 December 2018).
- 57,054,948 performance rights issued pursuant to the terms of the LTIP.
ENDS.
CORPORATE PROFILE
Directors
Keith Spence (Non-Executive Chairman)
Tim Carstens (Managing Director)
Colin Bwye (Executive Director)
Sam Willis (Non-Executive Director)
Michael Stirzaker (Non-Executive Director)
Malcolm Macpherson (Non-Executive Director)
Company Secretary
Chadwick Poletti
NOMINATED ADVISOR & BROKERS
RFC Ambrian Limited
As Nominated Adviser:
Andrew Thomson / Stephen Allen
Phone: +61 (0)8 9480 2500
As Joint Broker:
Jonathan Williams
Phone: +44 20 3440 6800
Numis Securities Limited
As Joint Broker:
John Prior / James Black / Paul Gillam
Phone: +44 20 7260 1000
SHARE REGISTRY: ASX
Computershare Investor Services Pty Limited
Level 11, 172 St Georges Terrace
PERTH WA 6000
Enquiries: 1300 850 505 / +61 (3) 9415 4000
www.computershare.com.au
SHARE REGISTRY: AIM
Computershare Investor Services PLC
The Pavilions
Bridgwater Road
BRISTOL BS99 6ZZ
Enquiries: +44 (0) 870 702 0003
www.computershare.co.uk
AUSTRALIAN MEDIA RELATIONS
Cannings Purple
Annette Ellis / Andrew Rowell
Email: aellis@canningspurple.com.au /
arowell@canningspurple.com.au
Phone: +61 (0)8 6314 6300
UK MEDIA RELATIONS
Tavistock Communications
Jos Simson / Emily Fenton
Phone: +44 (0) 207 920 3150
KENYA MEDIA RELATIONS
Africapractice (East Africa)
Evelyn Njoroge / Joan Kimani
Phone: +254 (0)20 239 6899
Email: jkimani@africapractice.com
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
