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: | 386,439 | 165.82 | 64,079,197 |
| 9 December 2014 | 1,000 | 170.30 | 170,300 |
| 10 December 2014 | 1,200 | 169.40 | 203,280 |
| 11 December 2014 | 1,500 | 166.38 | 149,570 |
| 12 December 2014 | 1,000 | 165.48 | 165,480 |
| 15 December 2014 | 3,769 | 162.46 | 612,311 |
| 16 December 2014 | 5,800 | 159.92 | 927,536 |
| 17 December 2014 | 3,500 | 160.12 | 560,420 |
| Accumulated under the program following above purchases: | 404,208 | 165.68 | 66,968,094 |
Following above purchases, SimCorp holds 980,076 treasury shares corresponding to 2.36% of the share capital.
Purchases for an amount of EUR 1.0m (approx. DKK 7.6m) 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. 53/2014