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: | 362,298 | 165.95 | 60,121,586 |
| 2 December 2014 | 9,900 | 161.70 | 1,600,830 |
| 3 December 2014 | 7,041 | 163.78 | 1,153,175 |
| 4 December 2014 | 5,000 | 165.69 | 828,450 |
| 5 December 2014 | 1,200 | 169.38 | 203,256 |
| 8 December 2014 | 1,000 | 171.90 | 171,900 |
| Accumulated under the program following above purchases: | 386,439 | 165.82 | 64,079,197 |
Following above purchases, SimCorp holds 962,307 treasury shares corresponding to 2.32% of the share capital.
Purchases for an amount of EUR 1.4m (approx. DKK 10.5m) 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. 52/2014