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: | 404,208 | 165.68 | 66,968,094 |
| 18 December 2014 | 1,000 | 163.08 | 163,080 |
| 19 December 2014 | 3,715 | 153.04 | 568,544 |
| 22 December 2014 | 1,030 | 158.19 | 163,252 |
| 23 December 2014 | 9,000 | 159.06 | 1,431,540 |
| 29 December 2014 | 4,000 | 162.18 | 648,720 |
| 30 December 2014 | 5,070 | 162.36 | 823,165 |
| 2 January 2015 | 5,000 | 163.76 | 818,800 |
| Accumulated under the program following above purchases: | 433,025 | 165.31 | 71,585,195 |
Following above purchases, SimCorp holds 1,007,434 treasury shares corresponding to 2.43% of the share capital.
Purchases for an amount of EUR 0.4m (approx. DKK 3.0m) 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. 2/2015