Source: SimCorp A/S
SimCorp A/S – Share Buyback Program
On 25 February 2014 SimCorp A/S announced a share buyback program in compliance 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 10.0m (approx. DKK 149.2m) in the period from 25 February to 22 August 2014.
The following transactions have been executed under the program:
|
Date |
Number of shares |
Average purchase price (DKK per share) |
Amount (DKK) |
| 26 February 2014 | 5,000 | 218.38 | 1,091,900 |
| 27 February 2014 | 5,000 | 212.89 | 1,064,450 |
| 28 February 2014 | 4,500 | 212.82 | 957,690 |
| Accumulated under the program following above purchases: | 14,500 | 214.76 | 3,114,040 |
Following above purchases, SimCorp holds 2,232,163 treasury shares corresponding to 5.13% of the share capital.
Purchases for an amount of EUR 9.6m (approx. DKK 71.5m) 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 8800, +45 2811 3828)
Company Announcement no. 13/2014