30 Mar 2022 07:00
BASE RESOURCES LIMITED - Change of PDMR interestsBASE RESOURCES LIMITED - Change of PDMR interests
PR Newswire
London, March 30
AIM and Media Release
30 March 2022
BASE RESOURCES LIMITEDChange 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 OFFICELevel 3, 46 Colin StreetWest Perth, Western Australia, 6005Email: info@baseresources.com.auPhone: +61 (0)8 9413 7400Fax: +61 (0)8 9322 8912
NOMINATED ADVISORRFC Ambrian LimitedStephen AllenPhone: +61 (0)8 9480 2500
JOINT BROKERBerenbergMatthew Armitt / Detlir EleziPhone: +44 20 3207 7800
JOINT BROKERCanaccord GenuityRaj Khatri / James Asensio / Patrick DolaghanPhone: +44 20 7523 8000