SimCorp A/S – Share buyback program

On 1 September 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 2 September 2014 to 13 February 2015.

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: 100,539 167.30 16,820,213
23 September 2014 7,500 172.76 1,295,700
24 September 2014 3,601 170.19 612,854
25 September 2014 6,400 171.97 1,100,608
26 September 2014 7,500 170.44 1,278,300
29 September 2014 7,500 169.03 1,267,725
Accumulated under the program following above purchases: 133,040 168.19 22,375,400

Following above purchases, SimCorp holds 710,185 treasury shares corresponding to 1.71% of the share capital.

Purchases for an amount of EUR 7.0m (approx. DKK 52.2m) 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. 39/2014