SimCorp A/S – Share buyback program
On 1 September 2014 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 74.6m) in the period from 2 September 2014 to 13 February 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: | 435,525 | 165.34 | 72,008,069 |
13 January 2015 | 300 | 170.58 | 51,174 |
14 January 2015 | 500 | 172.70 | 86,350 |
15 January 2015 | 300 | 176.93 | 53,079 |
16 January 2015 | 500 | 183.92 | 91,960 |
19 January 2015 | 500 | 185.50 | 92,750 |
Accumulated under the program following above purchases: | 437,625 | 165.40 | 72,383,382 |
Following above purchases, SimCorp holds 1,011,852 treasury shares corresponding to 2.44% of the share capital.
Purchases for an amount of EUR 0.3m (approx. DKK 2.2m) 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 8800, +45 2811 3828)
Company Announcement no. 4/2015