SimCorp A/S – Share Buyback Program

On 27 August 2013, SimCorp A/S announced a share buyback program in accordance with the provisions of Commission Regulation No. 2273/2003 of 22 December 2003, also referred to as the “Safe Harbour”.


In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 20.0m (approx. DKK 149.2m) in the period from 28 August 2013 to 24 February 2014.

Since the last announcement the following transactions have been executed under the program: 

Date Number of shares Average purchase price (DKK per share) Amount (DKK)  
Accumulated under the program as of last announcement: 633,900 184.46 116,929,384
13 January 2014 5,000 203.72 1,018,600
14 January 2014 5,218 202.46 1,056,436
15 January 2014 5,000 204.64 1,023,200
16 January 2014 5,000 207.20 1,036,000
17 January 2014 5,000 207.33 1,036,650
Accumulated under the program following above purchases: 659,118 185.25 122,100,270

 

Following above purchases, SimCorp holds 2,188,159 treasury shares corresponding to 5.03% of the share capital.

Purchases for an amount of EUR 3.6m (approx. DKK 27.1m) remain to be executed under the program.
 

Enquiries regarding this announcement should be addressed to:
Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)
Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 2811 3828)

 

Company Announcement no. 04/2014