SimCorp A/S – Share buyback program

On 19 August 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 15.0m (approx. DKK 111.9m) in the period from 25 August 2015 to 19 February 2016.

The following transactions have been executed under the program: 

Date                
 
Number of shares Average purchase price (DKK per share) Amount (DKK)
25 August 2015 7,000 300.92 2,106,440
26 August 2015 6,500 298.79 1,942,135
27 August 2015 5,000 306.33 1,531,650
28 August 2015 4,000 308.47 1,233,880
31 August 2015 3,500 317.12 1,109,920
1 September 2015 3,500 324.41 1,135,435
2 September 2015 4,000 331.76 1,327,040
Accumulated under the program following above purchases: 33,500 310.04 10,386,500

 

Following above purchases, SimCorp holds 1,122,930 treasury shares corresponding to 2.71% of the share capital.

Purchases for an amount of EUR 13.6m (approx. DKK 101.5m) 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 6858, +45 2811 3828)


Company Announcement no. 42/2015