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: | 168,340 | 168.44 | 28,354,505 |
| 7 October 2014 | 9,080 | 165.53 | 1,503,013 |
| 8 October 2014 | 10,000 | 163.76 | 1,637,600 |
| 9 October 2014 | 7,500 | 165.49 | 1,241,175 |
| 10 October 2014 | 7,000 | 164.93 | 1,154,510 |
| 13 October 2014 | 7,000 | 163.55 | 1,144,850 |
| Accumulated under the program following above purchases: | 208,920 | 167.70 | 35,035,653 |
Following above purchases, SimCorp holds 784,788 treasury shares corresponding to 1.89% of the share capital.
Purchases for an amount of EUR 5.3m (approx. DKK 39.6m) 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. 41/2014