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SimCorp A/S – Share buyback program

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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: 59,350 227.60 13,508,272
10 March 2015 4,000 235.53 942,120
11 March 2015 4,000 233.59 934,360
12 March 2015 4,500 235.70 1,060,650
13 March 2015 6,000 231.10 1,386,600
16 March 2015 6,300 229.63 1,446,669
Accumulated under the program following above purchases: 84,150 229.10 19,278,671

  

Following above purchases, SimCorp holds 926,705 treasury shares corresponding to 2.23% of the share capital.

Purchases for an amount of EUR 7.4m (approx. DKK 55.1m) 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. 15/2015

 

 

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