Insiders’ trading of shares in SimCorp A/S
In pursuance of the Danish Securities Trading Act's section 28a, please find below a statement of transactions under securities identification code DK0060495240 - SimCorp A/S.
The announcement is based on the reports, which SimCorp A/S has received from the company’s senior staff 26 February 2014.
Delivery of shares:
In accordance with the remuneration policy approved by the shareholders at the annual general meeting, the Board of Directors on 1 April 2010 undertook to grant restricted stock units in SimCorp A/S. The restricted stock units vests after three years, subject to continuing employment. Furthermore, the restricted stock units are subject to conditions with respect to average annual minimum revenue growth and annual average net operating profit after tax for a three-year period.
Delivery of shares has now taken place according to the conditions for the restricted stock units in SimCorp A/S granted on 1 April 2011 to senior employees.
| Name | Position | Transaction date | Transaktion type | Number of shares | Price (DKK) |
| Georg Hetrodt | Chief Technology Officer | 26.02.2014 | Delivery of shares | 11,830 | 2,590,652 |
| Thomas Johansen | Chief Financial Officer | 26.02.2014 | Delivery of shares | 11,830 | 2,590,652 |
| Jacob Goltermann | Board member | 26.02.2014 | Delivery of shares | 590 | 129,204 |
In addition the following transactions have taken place:
| Name | Position | Transaction date | Transaction type | Number of shares | Value (DKK) |
| Thomas Johansen | Chief Financial Officer | 26.02.2014 | Sale of shares | 6,500 | 1,428,151 |
| Jesper Brandgaard | Chairman of the Board | 26.02.2014 | Purchase of shares | 2,260 | 495,941 |
The shares are traded at NASDAQ OMX Copenhagen.
Questions regarding this announcement may be addressed to Thomas Johansen, CFO, SimCorp A/S, telephone +45 35 44 88 00.
SimCorp A/S