Insider’s trade of shares in SimCorp A/S
In pursuance of section 28A of the Danish Securities Trading Act, please find below a statement of transactions under securities identification code DK0016026164 - SimCorp A/S.
In accordance with the remuneration policy approved by the Annual General Meeting held on 29 March 2012 and the services agreement entered into with Klaus Holse, SimCorp A/S has granted the below restricted stock units to Klaus Holse on 1 September 2012.
Restricted Stock Units:
|Name||Position||Allocation date||Transaction type||Number of shares||Value (DKK)|
|Klaus Holse||CEO||01.09.2012|| Allotted restricted |
The restricted stock units shall vest as follows:
- 60% of the restricted stock units shall vest on 1 September 2015
- 20% of the restricted stock units shall vest on 1 September 2016
- 20% of the restricted stock units shall vest on 1 September 2017
The vesting of the restricted stock units is subject to Klaus Holse’s continued employment as CEO of SimCorp A/S on the relevant vesting dates. Furthermore, the vesting is subject to Klaus Holse maintaining the investment made in SimCorp shares at a market price of at least DKK 5 million for at least 5 years from 1 September 2012, however, the investment requirement will lapse pro rata as the restricted stock units vest.
The shares are traded at NASDAQ OMX Copenhagen.
Questions regarding this announcement should be addressed to Thomas Johansen, CFO, SimCorp A/S, telephone +45 35 44 88 00.