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: 313,998 165.74 52,040,527
11 November 2014 1,800 175.92 316,656
12 November 2014 1,700 174.67 296,939
13 November 2014 1,800 175.14 315,252
14 November 2014 1,900 174.73 331,987
17 November 2014 1,500 173.27 259,905
Accumulated under the program following above purchases: 322,698 165.98 53,561,266

 

Following above purchases, SimCorp holds 898,566 treasury shares corresponding to 2.17% of the share capital.

Purchases for an amount of EUR 2.8m (approx. DKK 21.0m) 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. 46/2014