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: 362,298 165.95 60,121,586
2 December 2014 9,900 161.70 1,600,830
3 December 2014 7,041 163.78 1,153,175
4 December 2014 5,000 165.69 828,450
5 December 2014 1,200 169.38 203,256
8 December 2014 1,000 171.90 171,900
Accumulated under the program following above purchases: 386,439 165.82 64,079,197

 

Following above purchases, SimCorp holds 962,307 treasury shares corresponding to 2.32% of the share capital.

Purchases for an amount of EUR 1.4m (approx. DKK 10.5m) 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. 52/2014