DGAP-News

Deutsche Rohstoff AG: New share buyback program approved

Deutsche Rohstoff AG / Key word(s): Share Buyback

29.07.2015 13:20

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Deutsche Rohstoff AG: New share buyback program approved
Volume of up to EUR 2 million/Deletion of shares bought back in 2014

Heidelberg. The management board of Deutsche Rohstoff AG (ISIN
DE000A0XYG76, WKN A0XYG7) with the approval of the Supervisory Board today
approved a share buyback program to reacquire shares with a value of up to
EUR 2 million via the stock market. The share buyback was decided at the
shareholder meeting on 23 July 2013. Based on the Xetra closing price of
the stock of Deutsche Rohstoff AG (as of 28 July 2015) a volume of up to
approximately 125.000 shares would be reacquired. The share buyback will
begin on 1 August 2015 and will end on 30 June 2015 by the latest. The
reacquired shares can be used for all purposes in accordance with the
applicable regulations under stock corporation law and all admissible
purposes in accordance with the above mentioned authorizations.

The company has appointed ICF Bank AG, Frankfurt, to conduct the buyback.
The bank shall make its decisions regarding the date of the acquisition of
the shares independently of, and without influence by, the Company. The
right of Deutsche Rohstoff AG to prematurely terminate the repurchase
remains unaffected. The repurchase will be carried out via the stock
exchange. The purchase price per share (each excluding ancillary costs of
purchase) shall not exceed or fall short of the non-weighted average
closing price on the Frankfurt stock exchange which is applicable on the
three stock market trading days preceding the creation of the obligation to
acquire the shares by more than 10 %.

Furthermore, the bank repurchasing the shares is obliged to comply with the
terms of trade detailed in Article 5 of Commission Regulation (EC) No.
2273/2003 of December 22, 2003 ("EC-CR"), furthermore observing all other
applicable regulations. According to the provisions of the EC-CR the bank
may not determine a purchase price which exceeds the price of the last
independent trade at the respective stock exchange or the highest current
independent bid, whichever is the higher. According to Article 5 (2) of the
Regulation, the bank must not purchase more than 25 % of the average daily
volume of the shares in any one day on the stock market on which the sale
is carried out. The average volume of shares is based on the average daily
volume of shares traded in the 20 days prior to the purchase. In the case
of exceptionally low liquidity the bank hast he right to exceed the 25 %
threshold providing that the conditions of Art. 5 (3) of the aforementioned
regulation are met.

The share buy-back may be suspended and resumed at any time to the extent
permissible under the relevant legal provisions. Deutsche Rohstoff will
publish transactions carried out in relation to this program on the
company's website (www.rohstoff.de) in the Investor Relations section on a
regular basis.

Management and supervisory board also approved the deletion of 259.075
shares that the company bought back during the buyback program 2014. After
the deletion, the share capital of Deutsche Rohstoff will stand at EUR
5.063.072 equivalent to 5.063.072 shares.

Heidelberg, 29 July 2015

Deutsche Rohstoff identifies, develops and divests attractive resource
projects in North America, Australia and Europe. The focus is on the
development of oil and gas opportunities within the United States. Metals,
such as gold, copper, rare earth elements, tungsten and tin complement our
portfolio. For more information please visit www.rohstoff.de.

Contact:

Deutsche Rohstoff AG
Thomas Gutschlag
Tel. [phone]
[e-mail]


29.07.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Deutsche Rohstoff AG
Friedrich-Ebert-Anlage 24
69117 Heidelberg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.rohstoff.de
ISIN: DE000A0XYG76, DE000A1R07G4,
WKN: A0XYG7, A1R07G
Indices: Entry Standard (Performance TOP 30)
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;
Open Market (Entry Standard) in Frankfurt

End of Announcement DGAP News-Service

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