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”.

| Source: SimCorp A/S SimCorp A/S

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: 322,698 165.98 53,561,266
18 November 2014 1,400 174.87 244,818
19 November 2014 2,000 172.73 345,460
20 November 2014 2,000 169.73 339,460
21 November 2014 2,100 168.95 354,795
24 November 2014 2,000 169.38 338,760
Accumulated under the program following above purchases: 332,198 166.12 55,184,559

 

Following above purchases, SimCorp holds 908,066 treasury shares corresponding to 2.19% of the share capital.

Purchases for an amount of EUR 2.6m (approx. DKK 19.4m) 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. 48/2014