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: 133,040 168.19 22,375,400
30 September 2014 6,500 170.46 1,107,990
1 October 2014 6,800 171.70 1,167,560
2 October 2014 7,500 168.91 1,266,825
3 October 2014 7,500 167.22 1,254,150
6 October 2014 7,000 168.94 1,182,580
Accumulated under the program following above purchases: 168,340 168.44 28,354,505

Following above purchases, SimCorp holds 744,208 treasury shares corresponding to 1.79% of the share capital.

Purchases for an amount of EUR 6.2m (approx. DKK 46.2m) 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. 40/2014