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: 208,920 167.70 35,035,653
14 October 2014 16,000 161.50 2,584,000
15 October 2014 17,251 159.44 2,750,499
16 October 2014 13,000 155.70 2,024,100
17 October 2014 6,000 157.12 942,720
20 October 2014 17,000 158.96 2,702,320
Accumulated under the program following above purchases: 278,171 165.51 46,039,292


Following above purchases, SimCorp holds 854,039 treasury shares corresponding to 2.06% of the share capital.

Purchases for an amount of EUR 3.8m (approx. DKK 28.6m) 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. 42/2014