BASE RESOURCES LIMITED - Change of PDMR interests
PR Newswire
London, March 30
AIM and Media Release
30 March 2022
BASE RESOURCES LIMITED
Change of PDMR interests
African mineral sands producer and developer, Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that Stephen Hay, General Manager - Marketing and a person discharging managerial responsibilities in respect of Base Resources for the purposes of the United Kingdom's Market Abuse Regulation, sold 300,000 ordinary shares on market between 25 March and 28 March 2022 for an average price of A$0.325 per share.
The sales occurred for the purposes of funding Mr Hay's income tax liability arising from the previously announced exercise of his vested Long Term Incentive Plan performance rights.
Following the sales, Mr Hay holds 2,022,811 ordinary shares in Base Resources.
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
