SimCorp A/S – Share buyback program

On 17 February 2015 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 74.4m) in the period from 23 February to 14 August 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: 84,150 229.10 19,278,671
17 March 2015 3,000 234.74 704,220
18 March 2015 3,000 233.89 701,670
19 March 2015 3,000 232.45 697,350
20 March 2015 3,000 231.75 695,250
23 March 2015 4,000 233.68 934,720
24 March 2015 12,000 225.75 2,709,000
Accumulated under the program following above purchases: 112,150 229.34 25,720,881

   

Following above purchases, SimCorp holds 954,592 treasury shares corresponding to 2.30% of the share capital.

Purchases for an amount of EUR 6.5m (approx. DKK 48.7m) 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 6858, +45 2811 3828)


Company Announcement no. 17/2015