Share Buyback Program

        Print
| Source: SimCorp A/S
multilang-release

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 74.6m) in the period from 25 February to 22 August 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: 14,500 214.76 3,114,040
3 March 2014 4,000 209.42 837,680
4 March 2014 4,500 214.03 963,135
5 March 2014 5,000 215.40 1,077,000
6 March 2014 4,000 212.81 851,240
7 March 2014 6,000 210.21 1,261,260
Accumulated under the program following above purchases: 38,000 213.27 8,104,355

Following above purchases, SimCorp holds 2,248,163 treasury shares corresponding to 5.17% of the share capital.

Purchases for an amount of EUR 8.9m (approx. DKK 66.5m) 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. 15/2014