EQS-News: Deutsche Rohstoff AG: Redemption of 127,810 repurchased shares and respective capital decrease
EQS-News: Deutsche Rohstoff AG
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Deutsche Rohstoff AG: Redemption of 127,810 repurchased shares and respective capital decrease
05.10.2022 / 11:02 CET/CEST
The issuer is solely responsible for the content of this announcement.
Deutsche Rohstoff AG: Redemption of 127,810 repurchased shares and respective capital decrease
Mannheim. The Management Board of Deutsche Rohstoff AG (“Company”) has resolved, with the consent of the Supervisory Board, using the authorization of the Company’s Annual General Meeting of 28 June 2022, to redeem 127,810 own shares, which were acquired in the context of a share buyback program until May 2016, in a simplified procedure pursuant to sections 71 (1) no. 8 sentence 6, 237 (3) no. 2 AktG and to decrease the share capital accordingly. This corresponds to approximately 2.49 percent of the company’s share capital.
The number of issued shares of the Company will thus be decreased from 5,125,981 to 4,998,081. The share capital of the Company will be decreased accordingly from EUR 5,125,981.00 to EUR 4,998,081.00 by the capital reduction.
The redemption and the capital decrease will take place in the coming weeks. After the redemption, the Company will no longer hold any own shares.
Mannheim, 5 October 2022
Deutsche Rohstoff identifies, develops and disposes of attractive raw material deposits in North America, Australia and Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold and tungsten round off the portfolio. Further information at www.rohstoff.de.
Contact
Deutsche Rohstoff AG
Jan-Philipp Weitz
Phone +49 621 490 817 0
info@rohstoff.de
Mannheim. The Management Board of Deutsche Rohstoff AG (“Company”) has resolved, with the consent of the Supervisory Board, using the authorization of the Company’s Annual General Meeting of 28 June 2022, to redeem 127,810 own shares, which were acquired in the context of a share buyback program until May 2016, in a simplified procedure pursuant to sections 71 (1) no. 8 sentence 6, 237 (3) no. 2 AktG and to decrease the share capital accordingly. This corresponds to approximately 2.49 percent of the company’s share capital.
The number of issued shares of the Company will thus be decreased from 5,125,981 to 4,998,081. The share capital of the Company will be decreased accordingly from EUR 5,125,981.00 to EUR 4,998,081.00 by the capital reduction.
The redemption and the capital decrease will take place in the coming weeks. After the redemption, the Company will no longer hold any own shares.
Mannheim, 5 October 2022
Deutsche Rohstoff identifies, develops and disposes of attractive raw material deposits in North America, Australia and Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold and tungsten round off the portfolio. Further information at www.rohstoff.de.
Contact
Deutsche Rohstoff AG
Jan-Philipp Weitz
Phone +49 621 490 817 0
info@rohstoff.de
05.10.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS - a service of EQS Group AG.
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1457403 05.10.2022 CET/CEST